The currency pair Bitcoin Cash/Tether (BCH/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 197.2 will continue.
Caution: A possible trend reversal in the direction of the support zone at 184.9 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.
There is also a ‘Three Outside Up’ candle chart pattern is detected. The candles show ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 215.4 |
| 2nd High | 205.3 |
| Next High | 197.2 |
| Current Price | 200.400000000 |
| Next Low | 184.9 |
| 2nd Low | 182.4 |
| 3rd Low | 181 |
196.2 – 193.9 – 197.2 – 184.9 – 182.4 – 181 —
194.500000000 – 196.700000000 —
50.75968666009 – 57.398113579478 —
– —
196.2 – 1782457200
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three Outside Up – – –