Bitcoin Cash Forecast and Analysis BCH/USD February 19, 2019


Bitcoin Cash BCH/USD are trading at 128 and continue to move as part of strong growth. Cryptocurrency capitalization at the time of the publication of the forecast is $2 288 710 670. Moving averages indicate the presence of an upward trend in Bitcoin Cash. At the moment, we can expect an attempt to test the support level near the area of ​​123. Where again we should expect a rebound and continued growth of the Bitcoin Cash rate with a target above the level of 145.

Bitcoin Cash Forecast and Analysis BCH/USD February 19, 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 upper limit of the model «Triangle». 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 bullish channel and the continuation of the fall of the cryptocurrency exchange rate with the target below area 100. With the breakdown of the resistance area and the closure of quotes above 135, we should expect confirmation of the development of the upward Bitcoin trend Cash.

Bitcoin Cash Forecast and Analysis BCH/USD February 19, 2019

Bitcoin Cash Forecast and Analysis BCH/USD February 19, 2019 suggests an attempt to test the support area near the level of 123. Where should we expect a rebound and continued growth of BCH/USD to the area above the level of 145. An additional signal in favor of raising Bitcoin Cash will be a test of the trend line on the indicator relative strengthindex (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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