The combination Bitcoin Cash/Tether (BCH/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance at 452.6 is certain.
Caution: A possible counter-trend in the direction of support at 446.6 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The pair is likely to go up.
Additionally a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive signal. The pair is likely to go up.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 450.7674 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of resistance at 452.6 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 464.3 |
| 2nd High | 453.1 |
| Next High | 452.6 |
| Current Price | 452.000000000 |
| Next Low | 446.6 |
| 2nd Low | 442.2 |
| 3rd Low | 439 |
452.6 – 452.4 – 452.2 – 446.6 – 442.2 – 454.3 —
451.000000000 – 448.600000000 —
52.506985139062 – 36.75460328942 —
– —
452.6 – 1772895600