Bitcoin Cash BCH/USD are traded at the level of 1540 and continue to move within the correction. At this point, we should expect an attempt to reduce and test the level of 1380. Again, we should expect a rebound and the continued growth of the Bitcoin Cash rate with a target above the level of 1850 as part of the development of the bullish model «Wolfe Wave».
Bitcoin Cash BCH/USD forecast on December 17, 2017
In favor of the growth of quotations BCH/USD will test the trend line on the indicator of relative strength index (RSI). The cancellation of the growth option will be the breakdown of the area 1250, which will indicate the continuation of the fall of BCH/USD. Expect to accelerate growth is with the breakdown of the 1950 level.
Bitcoin Cash BCH/USD forecast on December 17, 2017 assumes a test of the level of 1380, from which it is expected to rebound and continue growth in the area above the level of 1850, an additional signal for the growth of Bitcoin Cash will perform a test of the support line on the indicator of relative strength index (RSI).