BCH/USDT – 30M – BUYThe combination Bitcoin Cash/Tether (BCH/USDT) breaks through the descending trendline up.
A bullish ascent up to the next resistance level at 452.200000000 is considered certain.
Caution: A possible change in the direction of the support zone at 442.2 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 455 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 452.200000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 464.3 |
| 2nd High | 453.1 |
| Next High | 452.200000000 |
| Current Price | 448.500000000 |
| Next Low | 442.2 |
| 2nd Low | 439 |
| 3rd Low | 432.2 |
452.200000000 – 453.1 – 464.3 – 442.2 – 454.3 – 456.4 —
452.200000000 – 448.600000000 —
49.920042692098 – 39.189983493855 —
452.200000000 – 1772852400 —
– 1772852400