BCH/USDT – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 461.65 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 467.8 could happen.
Consider stop-loss settings accordingly.
And also a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart shows ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 491.1 |
| 2nd High | 476.8 |
| Next High | 467.8 |
| Current Price | 450.300000000 |
| Next Low | 432.2 |
| 2nd Low | 423 |
| 3rd Low |
467.8 – 476.8 – 468.4 – 454.3 – 432.2 – 433.8 —
459.000000000 – 451.100000000 —
43.097336988872 – 30.7719409823 —
– —
467.8 – 1772704800
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three White Soldiers – – –