BCH/USDT – 1H – BUY

The pair Bitcoin Cash/Tether (BCH/USDT) breaks through the bearish trendline up.

A bullish ascent upwards to the next resistance level at 250.3 will persist.

Caution: A possible change in the direction of the support zone at 243.3 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair could go up.

Moreover a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.

Moreover a ‘Three Outside Up’ candle pattern is discovered. The candles form ‘Three Outside Up’. 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 chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

250.3 – 255.1 – 240.7 – 243.3 – 243.5 – 235.2 —
245.000000000 – 245.200000000 —
44.87330515397 – 44.90778262259 —
– —
250.3 – 1783778400

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three Outside Up – – –