The combination Bitcoin Cash/Tether (BCH/USDT) goes from the ascending trendline down.
A bearish trend down to the next support level at 439 will persist.
Caution: A possible trend reversal in the direction of resistance at 468.4 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.
There is also a ‘MACD crosses below signal’ indicator signal is existing. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart signal. The currency pair could go down.
There is also a ‘Three Inside Down’ chart pattern is existing. The chart shows ‘Three Inside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 505.8 |
| 2nd High | 491.1 |
| Next High | 468.4 |
| Current Price | 469.200000000 |
| Next Low | 439 |
| 2nd Low | 432.2 |
| 3rd Low | 423 |
462.6 – 450.1 – 445.3 – 439 – 432.2 – 433.8 —
472.900000000 – 476.800000000 —
76.708464532131 – 69.66186880409 —
– —
462.6 – 1772616600
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three Inside Down – – –