The pair Bitcoin Cash/Tether (BCH/USDT) breaks through the descending trendline upwards
A bullish ascent up to the next resistance at 505.8 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 475.4 could be enabled.
Consider stop-loss settings accordingly.
Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 546.6 |
| 2nd High | 520.3 |
| Next High | 505.8 |
| Current Price | 483.600000000 |
| Next Low | 475.4 |
| 2nd Low | 470.8 |
| 3rd Low | 423 |
505.8 – 520.3 – 506.4 – 475.4 – 490.8 – 485.9 —
482.300000000 – 481.400000000 —
43.808814090231 – 41.093044696733 —
– —
505.8 – 1772085600