Bitcoin Cash BCH/USD are trading at 129 and continue to move as part of the correction. Cryptocurrency capitalization at the time of the publication of the forecast is $2 361 288 670. Sliding averages indicate the presence of a bearish trend in Bitcoin Cash. At the moment, we should expect an attempt to test the support level near the area of 125. 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 March 7, 2019
The test of the broken trend line on the relative strength index (RSI) will be in favor of the rise in BCH/USD quotes. Cancellation of the growth rate option Bitcoin Cash will be a fall and a breakdown of area 120. This will indicate a breakdown of the support area and the continuation of the fall of the cryptocurrency rate with a target below area 100. With the breakdown of the upper limit of the downward channel and closure of quotes above the level of 135, we should expect confirmation of the upward Bitcoin trend. Cash.
Bitcoin Cash Forecast and Analysis BCH/USD March 7, 2019 imply an attempt to test the support area near the level of 125. 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 relative strength index (RSI). 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 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
