The pair Bitcoin Cash/Tether (BCH/USDT) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance level at 448.8 is likely expected.
Caution: A possible counter-trend in the direction of support at 444.4 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three White Soldiers’ candlestick chart pattern is found. The chart shows ‘Three White Soldiers’. this 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 454.5 |
| 2nd High | 453.2 |
| Next High | 448.8 |
| Current Price | 444.000000000 |
| Next Low | 444.4 |
| 2nd Low | 441.8 |
| 3rd Low | 440.5 |
448.8 – 447.6 – 453.2 – 444.4 – 450 – 441.8 —
446.500000000 – 443.400000000 —
41.447650688201 – 32.391318646936 —
– —
448.8 – 1777757400
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three White Soldiers – – –