Bitcoin Cash BCH/USD are trading at 128 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $ 2 302 045 013. Moving averages indicate the presence of a bearish trend in Bitcoin Cash. At the moment, we can expect an attempt to test the support level near the region of 120. 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 January 24, 2019
In favor of the growth of quotations BCH/USD will test the rising trend line on the indicator of relative strength index (RSI). Cancellation of the growth rate of Bitcoin Cash will be a fall and a breakdown of area 95. 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 75. With the breakdown of the upper limit of the downward channel and closing of quotations above 155, we should expect confirmation of the upward trend Bitcoin Cash.
Bitcoin Cash Forecast and Analysis BCH/USD January 24, 2019 implies an attempt to test the support area near level 120. Where should we expect a rebound and continued BCH/USD growth to an area above 145. 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 area 95. This will indicate a continued decline in cryptocurrency with a potential goal below level 75.