Bitcoin Cash BCH/USD are trading at 260 and continue to move as part of strong growth. Cryptocurrency capitalization at the time of the publication of the forecast is $4 795 151 127. Moving averages indicate the presence of a bullish trend in Bitcoin Cash. At the moment, we should expect an attempt to reduce and test the support level near the area of 235. Where once again we should expect a rebound and continued growth of the Bitcoin Cash rate with the goal above level 325.
Bitcoin Cash Forecast and Analysis BCH/USD April 4, 2019
In favor of lifting the BCH/USD quotes, a test of the rising trend line on the relative strength index (RSI) will be made. The second signal will be a rebound from the lower boundary of the rising channel. Cancellation of the growth rate option Bitcoin Cash will fall and the breakdown of the area 205. This will indicate a breakdown of the lower boundary of the channel and the continuation of the fall of the cryptocurrency exchange rate with a target below the area 155. With the breakdown of the resistance area and the closure of quotes above 295, we should expect confirmation of the development of the upward trend of Bitcoin Cash.
Bitcoin Cash Forecast and Analysis BCH/USD April 4, 2019 imply an attempt to test the support area near level 235. Where should we expect a rebound and continued BCH/USD growth to an area above 325. An additional signal in favor of raising Bitcoin Cash will be a test of the trend line on the relative strength index (RSI). Cancellation of the growth option will be the fall and the breakdown of the region 205. This will indicate a continued decline in cryptocurrency with a potential goal below the level 155.
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