Bitcoin Cash BCH/USD are trading at 122 and continue to move as part of the correction. Cryptocurrency capitalization at the time of the publication of the forecast is $2 180 820 846. Moving averages indicate a bearish trend in Bitcoin Cash. At the moment, we can expect an attempt to test the support level near area 118. 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 14, 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 bullish channel. Cancellation of the growth rate option Bitcoin Cash will fall and the breakdown of the area 115. 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 100. With the breakdown of the resistance area and the closing of quotes above 130, we should expect confirmation of the upward trend in Bitcoin Cash.
Bitcoin Cash Forecast and Analysis BCH/USD February 14, 2019 suggests an attempt to test the support area near level 118. Where should we expect a rebound and continued growth of BCH/USD to an area above the level 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 115. This will indicate a continued decline in cryptocurrency with a potential goal below the level of 100.
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