The pair Bitcoin Cash/Tether (BCH/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support level at 441 is likely expected.
Caution: A possible change in the direction of resistance at 447.5 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘MACD crosses below signal’ indicator layout is existing. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 458.2 |
| 2nd High | 448.8 |
| Next High | 447.5 |
| Current Price | 443.000000000 |
| Next Low | 441 |
| 2nd Low | 440.3 |
| 3rd Low | 433.9 |
447.5 – 448.8 – 458.2 – 441 – 442.4 – 444.4 —
446.900000000 – 447.400000000 —
55.299086060356 – 49.072693891254 —
– —
447.5 – 1777816800
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – – Rising Wedge Chart Pattern – –