The combination Bitcoin Cash/Tether (BCH/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance line at 209.1 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 201.6 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually 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 | 203.800000000 |
| Next Low | 201.6 |
| 2nd Low | 198.5 |
| 3rd Low | 191.7 |
209.1 – 209.8 – 202.7 – 201.6 – 198.5 – 191.7 —
205.100000000 – 204.200000000 —
50.661769450415 – 47.027489270986 —
– —
209.1 – 1781276400
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – – Rising Wedge Chart Pattern – –