BCH/USDT – 30M – BUYThe combination Bitcoin Cash/Tether (BCH/USDT) breaks through the descending trendline up.
An ascent up to the next resistance line at 472.2 is considered certain.
Caution: A possible counter-trend in the direction of support at 458.4 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three White Soldiers’ candle chart pattern is found. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 491.1 |
| 2nd High | 478 |
| Next High | 472.2 |
| Current Price | 470.600000000 |
| Next Low | 458.4 |
| 2nd Low | 453.5 |
| 3rd Low | 451.8 |
472.2 – 471 – 460.7 – 458.4 – 453.5 – 451.8 —
469.300000000 – 468.200000000 —
53.842534459731 – 53.861277606747 —
– —
472.2 – 1774017000
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three White Soldiers – – –