The combination Bitcoin Cash/Tether (BCH/USDT) moves from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 458.2 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 440.3 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair is likely to rise.
There is also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.
There is also a ‘Three Outside Up’ chart pattern is existing. The candles show ‘Three Outside Up’. which is a bullish signal. 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 Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 477.9 |
| 2nd High | 474 |
| Next High | 458.2 |
| Current Price | 447.000000000 |
| Next Low | 440.3 |
| 2nd Low | 433.9 |
| 3rd Low | 419.5 |
458.2 – 458.2 – 474 – 440.3 – 433.9 – 419.5 —
453.200000000 – 444.700000000 —
55.037669958966 – 42.959015066827 —
– —
458.2 – 1777636800
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three Outside Up – – –