BCH/USDT – 1H – BUY

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

A continuation of the uptrend upwards to the next resistance at 450.8 will persist.

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

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The pair is likely to go up.

Additionally a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 458.2 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 450.8 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three White Soldiers’ chart pattern is discovered. The chart shows ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

450.8 – 447.5 – 448.8 – 437 – 441 – 442.4 —
444.900000000 – 447.000000000 —
48.187109784803 – 57.498760429829 —
– —
450.8 – 1777867200

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