BCH/USDT – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Target of the current trend is 472.2 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of resistance at 472.2 could occur.
Consider stop-loss settings accordingly.
Next a ‘Three White Soldiers’ candle chart pattern is found. The candles show ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. 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 | 491.1 |
| 2nd High | 478 |
| Next High | 472.2 |
| Current Price | 468.900000000 |
| Next Low | 458.4 |
| 2nd Low | 453.5 |
| 3rd Low | 451.8 |
472.2 – 471 – 460.7 – 458.4 – 453.5 – 451.8 —
472.000000000 – 467.300000000 —
60.309866223209 – 52.199732724864 —
– —
472.2 – 1774017000
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three White Soldiers – – –