BCH/USDT – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Target of the current trend is 461.2 at the Fibonacci level 1-Level. Caution: A possible change in the direction of resistance at 460.5 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three White Soldiers’ candle chart pattern is found. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. 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 | 464.3 |
| 2nd High | 461.2 |
| Next High | 460.5 |
| Current Price | 459.700000000 |
| Next Low | 451.6 |
| 2nd Low | 447 |
| 3rd Low | 444 |
460.5 – 461.2 – 453.4 – 451.6 – 447 – 444 —
454.600000000 – 457.900000000 —
47.483028092963 – 54.735402246076 —
– —
460.5 – 1773266400
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three White Soldiers – – –