The combination Bitcoin Cash/Tether (BCH/USDT) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support at is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 224.6 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
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 negative chart scenario. The pair is likely to go down.
Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.
Moreover a ‘MACD crosses below signal’ indicator signal is existing. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 238.2 |
| 2nd High | 227.3 |
| Next High | 224.6 |
| Current Price | 222.100000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
224.6 – 224.3 – 227.3 – 220.7 – 219.4 – 220.2 —
223.900000000 – 223.400000000 —
45.565085871112 – 51.672026132074 —
– —
224.6 – 1784250000