Bitcoin Cash ends the trading week at 120 and continues to move as part of the correction. 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 target above the level of 230.
Bitcoin Cash Forecast and Analysis February 18 — 22, 2019
An additional signal in favor of the growth of BCH/USD quotes on the current trading week of February 18 — 22, 2019 will be the test of the support line 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 be the breakdown of the resistance area and the closure of quotes above the level of 145.
Bitcoin Cash Forecast and Analysis February 18 — 22, 2019 implies an attempt to test the support area near the level of 90. Then continued growth to the area above the level of 230. An additional signal in favor of raising Bitcoin Cash is 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 region 75. This will indicate a continued decline in cryptocurrency.
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