The pair Bitcoin Cash/Tether (BCH/USDT) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance at 450.8 is certain.
Caution: A possible counter-trend in the direction of the support level at 437 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.
In addition a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 461.1 |
| 2nd High | 458.2 |
| Next High | 450.8 |
| Current Price | 445.500000000 |
| Next Low | 437 |
| 2nd Low | 433.9 |
| 3rd Low | 427.5 |
450.8 – 447.5 – 448.8 – 437 – 441 – 442.4 —
445.400000000 – 445.700000000 —
47.989064344195 – 47.663289265124 —
– —
450.8 – 1777867200