Bitcoin Cash Forecast and Analysis February 11 — 15, 2019


Bitcoin Cash ends the trading week at level 116 and continues to move as part of the decline. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to decline and a test of the support area near the level of 90. Where again we should expect a rebound and an attempt to continue growth on Bitcoin Cash with a goal above the level of 235.

Bitcoin Cash Forecast and Analysis February 11 — 15, 2019

An additional signal in favor of the growth of BCH/USD quotes on the current trading week of February 11 — 15, 2019 will be the support line test on the relative strength index (RSI). Cancellation of the cryptocurrency growth option Bitcoin Cash will fall and the breakdown of the area 75. This will indicate the breakdown of the support area and the continuation of the fall of BCH/USD. Confirmation of the growth of cryptocurrency will make a breakdown of the resistance area and the closure of quotations above level 135.

Bitcoin Cash Forecast and Analysis February 11 — 15, 2019

Bitcoin Cash Forecast and Analysis February 11 — 15, 2019 implies an attempt to test the support area near the level of 90. Then continued growth to the area above the level 235. 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 75. This will indicate a continued decline in cryptocurrency.


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