The currency pair Bitcoin Cash/Tether (BCH/USDT) moves from the descending trendline down.
A continuation of the downtrend downwards to the next support line at will persist.
Caution: A possible trend reversal in the direction of resistance at 453.1 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair is likely to fall.
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’. which is often a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 467.8 |
| 2nd High | 464.3 |
| Next High | 453.1 |
| Current Price | 448.800000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
453.1 – 464.3 – 467.8 – 442.2 – 454.3 – 456.4 —
451.100000000 – 450.400000000 —
50.430194875072 – 51.168511046044 —
– —
453.1 – 1772823600