BCH/USDT – 30M – BUY

The combination Bitcoin Cash/Tether (BCH/USDT) breaks through the bullish trendline upwards

A continuation of the upward movement up to the next resistance level at 468.8 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 454.3 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Tweezers Bottom’ candlestick pattern is existing. The candles form ‘Tweezers Bottom’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Bottom’ going up is 52% (Bull Market) & 56% (Bear Market).

468.8 – 464.4 – 463.1 – 454.3 – 453.2 – 452.4 —
466.600000000 – 469.700000000 —
56.294107068547 – 58.47225250049 —
– —
468.8 – 1773532800

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Tweezers Bottom – – –