The currency pair Bitcoin Cash/Tether (BCH/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support at 201 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 209.1 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 211 |
| 2nd High | 209.8 |
| Next High | 209.1 |
| Current Price | 206.800000000 |
| Next Low | 201 |
| 2nd Low | 198.5 |
| 3rd Low | 191.7 |
209.1 – 206.9 – 209.8 – 201 – 202 – 201.6 —
203.200000000 – 208.800000000 —
47.575439951807 – 68.164096855638 —
– —
209.1 – 1781276400