BCH/USDT – 1H – BUY

The combination Bitcoin Cash/Tether (BCH/USDT) goes from the descending trendline upwards

A bullish trend up to the next resistance at 209.7 is certain.

Caution: A possible trend reversal in the direction of the support level at 198.5 should always be considered.
Consider stop-loss settings accordingly.

Also there is a ‘MACD crosses above signal’ indicator signal is discovered. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair could go up.

Also there is a ‘Three White Soldiers’ chart pattern is detected. The candles show ‘Three White Soldiers’. this 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 White Soldiers’ heading up is 82%.

209.7 – 209.1 – 209.8 – 200.9 – 201.6 – 198.5 —
204.800000000 – 199.900000000 —
37.732667484582 – 29.40101161925 —
– —
209.7 – 1781359200

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three White Soldiers – – –