BCH/USDT – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 457.216 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 458.2 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Line Strike – Bullish’ chart pattern is existing. The chart forms ‘Three Line Strike – Bullish’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Line Strike – Bullish’ heading up is 83% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 461.7 |
| 2nd High | 461.1 |
| Next High | 458.2 |
| Current Price | 454.800000000 |
| Next Low | 442.7 |
| 2nd Low | 440.5 |
| 3rd Low | 433.9 |
458.2 – 456.3 – 461.1 – 442.7 – 446.1 – 450.3 —
454.500000000 – 454.300000000 —
66.679292729349 – 60.069764147524 —
– —
458.2 – 1777251600
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three Line Strike – Bullish – – –