Bitcoin Cash Forecast and Analysis BCH/USD February 21, 2019


Bitcoin Cash BCH/USD are traded at 142 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $2 594 155 825. Moving averages indicate the presence of a downward trend in Bitcoin Cash. At the moment, we can expect an attempt to test the support level near the area of ​​130. Where again we should expect a rebound and continued growth of the Bitcoin Cash rate with a target above the level of 170.

Bitcoin Cash Forecast and Analysis BCH/USD February 21, 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 of Bitcoin Cash will be a fall and a breakdown of area 120. This will indicate a breakdown of the lower boundary of the ascending channel and the continuation of the fall of the cryptocurrency exchange rate with a target below area 105. With the breakdown of the area of ​​resistance and closing of quotes above the level of 150, we should expect confirmation of the upward trend in Bitcoin Cash.

Bitcoin Cash Forecast and Analysis BCH/USD February 21, 2019

Bitcoin Cash Forecast and Analysis BCH/USD February 21, 2019 imply an attempt to test the support area near the 130 level. Where should we expect a rebound and continued growth of BCH/USD to an area above the level of 170. An additional signal in favor of raising Bitcoin Cash will be a test of the trend line on the indicator relative strength. Cancellation of the growth option will be the fall and the breakdown of the area 120. This will indicate a continued decline in cryptocurrency with a potential goal below 105.


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