The combination Bitcoin Cash/Tether (BCH/USDT) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance level at 209.7 is expected.
Caution: A possible counter-trend in the direction of the support level at 196.7 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 211 |
| 2nd High | 209.8 |
| Next High | 209.7 |
| Current Price | 210.700000000 |
| Next Low | 196.7 |
| 2nd Low | 191.7 |
| 3rd Low |
204.8 – 209.7 – 209.7 – 196.7 – 205.9 – 200.9 —
199.700000000 – 210.000000000 —
33.532072551878 – 68.656144025082 —
– —
204.8 – 1781438400