BCH/USDT – 30M – BUYThe currency pair Bitcoin Cash/Tether (BCH/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance at 570.7 is expected.
Caution: A possible change in the direction of the support level at 555.7 could happen.
Consider stop-loss settings accordingly.
Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Target of the current trend is 570.7 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance zone at 570.7 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 581.5 |
| 2nd High | 570.8 |
| Next High | 570.7 |
| Current Price | 565.000000000 |
| Next Low | 555.7 |
| 2nd Low | 540.8 |
| 3rd Low | 538.7 |
570.7 – 564.5 – 563.7 – 555.7 – 540.8 – 538.7 —
567.200000000 – 564.800000000 —
64.400156301988 – 52.055005066842 —
– —
570.7 – 1771603200