Bitcoin Cash BCH/USD are trading at 319 and continue to move as part of the growth and bearish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $5 616 667 681. Moving averages indicate the presence of an upward trend in Bitcoin Cash. At the moment, we can expect an attempt to raise and test the support level near the area of 295. Where again we should expect a rebound and continued growth of the Bitcoin Cash rate with a goal below 375.
Bitcoin Cash Forecast and Analysis BCH/USD April 17, 2019
In favor of the growth of quotations BCH/USD will test the rising trend line on the indicator of relative strength index (RSI). Cancellation of the growth rate option Bitcoin Cash will be a fall and a breakdown of the 265 area. This will indicate a breakdown of the support area and the continuation of the fall of the cryptocurrency exchange rate with a target below the 225 area. Cash.
Bitcoin Cash Forecast and Analysis BCH/USD April 17, 2019 suggests an attempt to test the support area near the level of 295. Where should we expect a rebound and the continuation of the fall of BCH/USD to the area above the level of 375. 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 area of 265. This will indicate a continued decline in cryptocurrency with a potential goal below level 225.
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