Bitcoin Cash BCH/USD are trading at 118 and continue to move as part of the correction. Cryptocurrency capitalization at the time of the publication of the forecast is $2 159 635 841. Moving averages indicate the presence of an upward trend in Bitcoin Cash. At the moment, we should expect an attempt to test the support level near the area of 116. Where again we should expect a rebound and continued growth of the Bitcoin Cash rate with a target above the level of 135.
Bitcoin Cash Forecast and Analysis BCH/USD February 15, 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 border of the model «Triangle». Cancellation of the growth rate of Bitcoin Cash will be a fall and a breakdown of the area 112. This will indicate a breakdown of the lower border of the model 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 closure of quotes above 125, we should expect confirmation of the upward trend in Bitcoin Cash.
Bitcoin Cash Forecast and Analysis BCH/USD February 15, 2019 imply an attempt to test the support area near level 116. Where should we expect a rebound and continued growth of BCH/USD to an area above the level 135. An additional signal in favor of raising Bitcoin Cash will be a test of the trend line on the indicator relative index (RSI). Cancellation of the growth option will be the fall and the breakdown of the area 112. This will indicate a continued decline in cryptocurrency with a potential goal below the level of 100.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
