The combination Bitcoin Cash/Tether (BCH/USDT) moves from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance level at 489.3 will continue.
Caution: A possible trend reversal in the direction of the support line at 437 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The pair is likely to go up.
Also there is a ‘Three White Soldiers’ candle pattern is detected. The candles form ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 586.2 |
| 2nd High | 520.3 |
| Next High | 489.3 |
| Current Price | 452.300000000 |
| Next Low | 437 |
| 2nd Low | 433.9 |
| 3rd Low | 419.5 |
489.3 – 458.2 – 458.2 – 437 – 440.3 – 433.9 —
470.700000000 – 451.400000000 —
62.229172440388 – 43.352388078041 —
– —
489.3 – 1778040000
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three White Soldiers – – –