The combination Bitcoin Cash/Tether (BCH/USDT) jumps from the descending trendline up.
A bullish movement up to the next resistance at 546.6 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 536.4 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 586.2 |
| Next High | 546.6 |
| Current Price | 536.400000000 |
| Next Low | 536.4 |
| 2nd Low | 493.8 |
| 3rd Low | 423 |
546.6 – 586.2 – 577 – 536.4 – 566 – 559 —
543.100000000 – 535.800000000 —
38.429192039168 – 26.625227466174 —
– —
546.6 – 1771840800