Bitcoin Cash BCH/USD are traded at the level of 1872 and continue to move within the framework of growth. At this point, we should expect an attempt to lower and test the lower border of the uplink near the 1650 area. Again, we expect a rebound and the continued growth of the Bitcoin Cash rate with a target above 2300.
Bitcoin Cash forecast & technical analysis December 15, 2017
In favor of the growth of BCH/USD quotations, a test of a broken trend line will be made on the indicator of relative strength index (RSI). Cancellation of the growth option will be a breakdown of the area 1580, which will indicate the outflow of quotes outside the channel and the continuation of the fall of BCH/USD. Expect to accelerate growth is with the breakdown of the 1950 level.
Bitcoin Cash forecast & technical analysis December 15, 2017 suggests an attempt to test the lower border of the channel near the area of 1650, from which it is expected to rebound and continue growth in the area above the 2300 level, an additional signal in favor of Bitcoin Cash growth will test the trend line on the indicator of the relative strength index (RSI).
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