BCH/USDT – 1H – BUY

The combination Bitcoin Cash/Tether (BCH/USDT) moves from the ascending trendline upwards

A continuation of the uptrend upwards to the next resistance at 573.5 is likely expected.

Caution: A possible change in the direction of the support level at 493.8 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. which could be a positive chart signal. The pair is likely to go up.

Moreover a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

Moreover a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

573.5 – 570 – 518.2 – 493.8 – 504.5 – 507.6 —
559.300000000 – 565.000000000 —
57.029892408621 – 59.558774693673 —
– —
573.5 – 1771214400

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Northern Doji – – –