Bitcoin Cash ends the trading week at 140 and continues to move as part of the correction. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to reduce and test the support area near the level of 105. Where again we should expect a rebound and an attempt to continue growth on Bitcoin Cash with a goal above 235.
Bitcoin Cash Forecast and Analysis February 25 — March 1, 2019
An additional signal in favor of the growth of BCH/USD quotes on the current trading week on February 25 — March 1, 2019 will be the support line test on the relative strength index (RSI). Cancellation of the cryptocurrency growth option Bitcoin Cash will be a fall and a breakdown of 80. This will indicate a 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 closing of quotations above the level of 155.
Bitcoin Cash Forecast and Analysis February 25 — March 1, 2019 implies an attempt to test the support area near level 105. Then continued growth to the area above 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 of 80. This will indicate a continued decline in cryptocurrency.