BCH/USDT – 1H – BUY

The currency pair Bitcoin Cash/Tether (BCH/USDT) breaks through the bearish trendline up.

An ascending movement up to the next resistance at 454.400000000 will persist.

Caution: A possible trend reversal in the direction of the support level at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair is likely to rise.

Besides a ‘Three Outside Up’ candlestick pattern is detected. The chart forms ‘Three Outside Up’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

454.400000000 – 455.4 – 454.1 – 440.4 – 445.7 – 446.6 —
454.400000000 – 450.200000000 —
56.953822111631 – 49.44684368917 —
454.400000000 – 1773025200 —
– 1773025200

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three Outside Up – – –