BCH/USDT – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 470.566 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 478 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 520.3 |
| 2nd High | 491.1 |
| Next High | 478 |
| Current Price | 464.700000000 |
| Next Low | 449.7 |
| 2nd Low | 446.5 |
| 3rd Low | 442.6 |
460.7 – 478 – 469.7 – 449.7 – 446.5 – 459.8 —
458.300000000 – 463.500000000 —
48.513114672829 – 61.938429329925 —
– —
460.7 – 1773889200
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Northern Doji – – –