Bitcoin Cash BCH/USD are traded at 166 and continue to move in the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $3 014 637 467. Moving averages indicate the presence of a bullish trend in Bitcoin Cash. At the moment, we should expect an attempt to decrease and test the support level near the area of 160. Where again we should expect a rebound and continued growth of the Bitcoin Cash rate with the goal above the level of 180.
Bitcoin Cash Forecast and Analysis BCH/USD March 28, 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. The second signal will be 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 the area 155. 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 125. With the breakdown of the upper limit of the channel and the closing of quotes above 175, we should expect confirmation of the upward trend in Bitcoin Cash.
Bitcoin Cash Forecast and Analysis BCH/USD March 28, 2019 imply an attempt to test the support area near the level of 160. Where to expect a rebound and continued growth of BCH/USD to an area above the level of 180. 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 155. This will indicate a continued decline in cryptocurrency with a potential goal below the level of 125.
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