BCH/USDT – 1H – BUYThe currency pair Bitcoin Cash/Tether (BCH/USDT) breaks through the descending trendline up.
A bullish movement up to the next resistance at 209.1 will continue.
Caution: A possible trend reversal in the direction of the support line at 201.6 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 214.3 |
| 2nd High | 209.8 |
| Next High | 209.1 |
| Current Price | 205.300000000 |
| Next Low | 201.6 |
| 2nd Low | 198.5 |
| 3rd Low | 191.7 |
209.1 – 209.8 – 202.7 – 201.6 – 198.5 – 191.7 —
205.500000000 – 204.500000000 —
50.165394926038 – 50.842389318081 —
– —
209.1 – 1781276400