The combination Bitcoin Cash/Tether (BCH/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at is expected.
Caution: A possible counter-trend in the direction of resistance at 452.2 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The pair is likely to go down.
And also a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 464.3 |
| 2nd High | 453.1 |
| Next High | 452.2 |
| Current Price | 450.500000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
452.2 – 453.1 – 464.3 – 442.2 – 454.3 – 456.4 —
449.500000000 – 451.900000000 —
47.834189051365 – 58.175215887096 —
– —
452.2 – 1772852400