Bitcoin Cash BCH/USD are trading at 113 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $1 985 399 204. Sliding averages indicate the presence of an upward trend in Bitcoin Cash. At the moment, we can expect an attempt to test the support level near area 100. Where again we should expect a rebound and continued growth of the Bitcoin Cash rate with a target above level 135.
Bitcoin Cash forecast & technical analysis December 20, 2018
In favor of the growth of quotations BCH/USD will test the rising trend line on the indicator of relative strength index (RSI). Cancellation option growth rate Bitcoin Cash will fall and the breakdown of area 95. This will indicate a breakdown of the lower boundary of the channel and the continuation of the fall of the cryptocurrency exchange rate. With the breakdown of the resistance area and the closure of quotes above 120, we should expect confirmation of the development of an upward trend in Bitcoin Cash.
Bitcoin Cash forecast & technical analysis December 20, 2018 suggests an attempt to test the support area near the level of 100. Where should we expect a rebound and continued growth of BCH/USD to the area above the level of 135. 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 95. This will indicate a continued decline in cryptocurrency.
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