During the previous trading session, the price of Bit.Cash decreased, moving in the main trend direction on the higher time-frame.
The support and resistance levels:
The nearest support is set at the 572.79 mark.
This level was formed by the Three Inside Up pattern. This pattern consists of three Japanese candles: the first candle has a short white real body, the second candle has a white real body and is completely inside the body of the first candle, and the third candle is also white and closes above the body of the second candle.
The nearest resistance is set at the 587.68 mark.
The Deliberation pattern occurs extremely rare on the chart. Its appearance indicates a price movement reversal downwards.
Trading recommendations:
During the day, it is worth considering the possibilities for opening short positions. This is indicated by both: the dynamics of price movement over a longer distance and the latest formed pattern.
Bit.Cash H1: The Price Action Forecast for the Asian Session at 9.10.2025
