BCH/USDT – 4H – BUYThe combination Bitcoin Cash/Tether (BCH/USDT) moves from the ascending trendline upwards
A continuation of the upward movement up to the next resistance level at 478.000000000 is expected.
Caution: A possible counter-trend in the direction of the support level at 440.4 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 586.2 |
| 2nd High | 520.3 |
| Next High | 478.000000000 |
| Current Price | 457.200000000 |
| Next Low | 440.4 |
| 2nd Low | 432.2 |
| 3rd Low | 423 |
478.000000000 – 475.6 – 456.9 – 440.4 – 442.2 – 432.2 —
478.000000000 – 456.500000000 —
61.79254891807 – 36.963687386906 —
478.000000000 – 1773748800 —
– 1773748800
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Northern Doji – – –