BCH/USDT – 4H – BUYThe pair Bitcoin Cash/Tether (BCH/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance line at 205.3 will persist.
Caution: A possible counter-trend in the direction of the support level at 192.8 could occur.
Consider stop-loss settings accordingly.
Besides a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. this is usually a bullish signal. The currency pair is likely to rise.
Besides a ‘Three White Soldiers’ candlestick 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 likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 355.2 |
| 2nd High | 231.1 |
| Next High | 205.3 |
| Current Price | 194.900000000 |
| Next Low | 192.8 |
| 2nd Low | 191.7 |
| 3rd Low |
205.3 – 231.1 – 209.8 – 192.8 – 196.7 – 191.7 —
192.100000000 – 190.900000000 —
37.47601373625 – 41.804598853058 —
– —
205.3 – 1782129600
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three White Soldiers – – –