Bitcoin Cash BCH/USD are traded at 181 and continue to move in the ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $ 3 202 137 694. Moving averages indicate the presence of a bullish trend in Bitcoin Cash. At the moment, we should expect an attempt to decrease and test the support level near the area of 175. Where again we should expect a rebound and continued growth of the Bitcoin Cash rate with the target above the level of 200.
Bitcoin Cash Forecast and Analysis BCH/USD April 3, 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 be a fall and a breakdown of the area 165. 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 of 145. With the breakdown of the upper limit of the channel and the closing of quotes above the level of 190, we should expect confirmation of the upward trend in Bitcoin Cash.
Bitcoin Cash Forecast and Analysis BCH/USD April 3, 2019 implies an attempt to test the support area near the level of 175. Where should we expect a rebound and continued growth of BCH/USD to the area above the level of 200. 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 165. This will indicate a continued decline in cryptocurrency with a potential target below the level of 145.