Analysis for 2020-06-24
Tether (USDT) An additional signal in favor of the growth of the cryptocurrency will be the test of the support area, as well as the test of the lower boundary of the channel. Earlier, a strong signal was received for buy of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the level of 23.00. The cancellation of the growth of BCH/USD quotations will be the breakdown of the lower boundary of the indicator Cloud and the closing below the level of 1150, which will indicate a change in the bullish trend in favor of a bearish trend. Expect the acceleration of the growth of quotations BCH/USD stands with the breakdown of the resistance area and the closing above the level of 1450.