BCH/USDT – 1H – BUY

The currency pair Bitcoin Cash/Tether (BCH/USDT) breaks through the bullish trendline up.

A continuation of the uptrend up to the next resistance level at 450.8 is considered certain.

Caution: A possible trend reversal in the direction of support at 437 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 458.2 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 450.8 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three White Soldiers’ chart pattern is detected. The candles show ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

450.8 – 447.5 – 448.8 – 437 – 441 – 442.4 —
444.600000000 – 456.200000000 —
43.825125681015 – 74.757937509073 —
– —
450.8 – 1777867200

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three White Soldiers – – –