The pair Bitcoin Cash/Tether (BCH/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance level at 470.7 will persist.
Caution: A possible change in the direction of the support zone at 459.8 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The pair is likely to go up.
Additionally a ‘Three White Soldiers’ candlestick pattern is detected. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 475.6 |
| 2nd High | 474.4 |
| Next High | 470.7 |
| Current Price | 471.700000000 |
| Next Low | 459.8 |
| 2nd Low | 454.3 |
| 3rd Low | 453.2 |
470.7 – 469.7 – 468.8 – 459.8 – 454.3 – 453.2 —
470.400000000 – 468.100000000 —
60.56868683976 – 56.809576160216 —
– —
470.7 – 1773613800
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three White Soldiers – – –