The pair Bitcoin Cash/Tether (BCH/USDT) moves from the bullish trendline downwards
The bearish trend downwards to the next support level at 559 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 581.5 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ” indicator layout is detected. The indicator shows ”. which is often a bearish chart scenario. The currency pair could go down.
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And also a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 581.5 |
| Current Price | 572.700000000 |
| Next Low | 559 |
| 2nd Low | 555.7 |
| 3rd Low | 540.8 |
577 – 570.7 – 564.5 – 559 – 563.1 – 562.3 —
570.400000000 – 583.600000000 —
62.234219983629 – 76.373594520254 —
– —
577 – 1771682400