The currency pair Bitcoin Cash/Tether (BCH/USDT) breaks through the descending trendline upwards
A bullish movement up to the next resistance level at 565 is considered certain.
Caution: A possible change in the direction of support at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair is likely to rise.
Besides a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 570.8 |
| 2nd High | 570.2 |
| Next High | 565 |
| Current Price | 562.900000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
565 – 570.2 – 570.8 – 550.6 – 551.2 – 556.2 —
560.000000000 – 557.300000000 —
52.983990524148 – 48.459014763202 —
– —
565 – 1771435800
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Northern Doji – – –