Bitcoin Cash BCH/USD are trading at 120 and continue to move as part of growth. Cryptocurrency capitalization at the time of publication of the forecast is $2 196 207 225. Moving averages indicate a downward trend in Bitcoin Cash. At the moment, we should expect an attempt to test the support level near the region of 115. Where again we should expect a rebound and continued growth of the Bitcoin Cash rate with a target above the level of 150.
Bitcoin Cash Forecast and Analysis BCH/USD February 12, 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. As well as 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 110. 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 area 95. With the breakdown of the resistance area and the closure of quotes above 135, we should expect confirmation of the development of the upward trend for Bitcoin Cash.
Bitcoin Cash Forecast and Analysis BCH/USD February 12, 2019 suggests an attempt to test the support area near the level of 115. Where should we expect a rebound and continued growth of BCH/USD to an area above the level of 150. 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 110. This will indicate a continued decline in cryptocurrency with a potential target below level 95.