Bitcoin Cash BCH/USD are traded at the level of 2194 and continue to move in the fall. At this point, we should expect a downgrade attempt and a support level test near the 1960 area. Again, we expect a rebound and the continued growth of the Bitcoin Cash rate with a target above the level of 2900.
Bitcoin Cash BCH/USD forecast on December 23, 2017
In favor of the growth of BCH/USD quotations, a breakdown of the trend line on the relative strength index (RSI), and the formation of the reversal model «Head and Shoulders». The cancellation of the growth option will be a breakdown of the area of 1600, which will indicate the continuation of the fall of BCH/USD. Expect to accelerate growth is with the breakdown of the level of 2350.
Bitcoin Cash BCH/USD forecast on December 23, 2017 assumes a test of the support level near the 1960 area, from which it is expected to rebound and continue to rise above 2900, an additional signal in favor of Bitcoin Cash growth will be a breakdown of the resistance line on the relative strength index (RSI).
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