BCH/USDT – 4H – BUYThe currency pair Bitcoin Cash/Tether (BCH/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance at 581.5 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 549.5 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The pair is likely to go up.
In addition 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 scenario. The pair is likely to go up.
In addition a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 604 |
| 2nd High | 603.9 |
| Next High | 581.5 |
| Current Price | 559.400000000 |
| Next Low | 549.5 |
| 2nd Low | 493.8 |
| 3rd Low | 423 |
581.5 – 542.8 – 542.6 – 549.5 – 493.8 – 511.2 —
570.200000000 – 562.000000000 —
62.221406696863 – 45.979156618293 —
– —
581.5 – 1771272000