Bitcoin Cash forecast & technical analysis December 19, 2018


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Bitcoin Cash BCH/USD are trading at 87 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $1 595 532 915. Moving averages indicate a bearish trend in Bitcoin Cash. At the moment, we can expect an attempt to test the support level near the region 75. Where again we should expect a rebound and continued growth of the Bitcoin Cash rate with the target above the level of 125.

Bitcoin Cash forecast & technical analysis December 19, 2018

A test of a broken trend line on the relative strength index (RSI) will be in favor of the growth of BCH/USD quotes. Cancellation of the growth rate option Bitcoin Cash will fall and the breakdown of area 65. This will indicate a breakdown of the support area and the continuation of the fall of the cryptocurrency rate. With the breakdown of the upper boundary of the downward channel and the closure of quotes above 100, we should expect confirmation of the development of an upward trend in Bitcoin Cash.

Bitcoin Cash forecast & technical analysis December 19, 2018

Bitcoin Cash forecast & technical analysis December 19, 2018 suggests an attempt to test the support area near the level of 75. Where should we expect a rebound and continued growth of BCH/USD to an area above the level of 125. An additional signal in favor of the growth of 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 65. This will indicate a continued decline in cryptocurrency.


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