Bitcoin Cash BCH/USD are trading at 146 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $2 650 445 336. Moving averages indicate the presence of a bullish trend in Bitcoin Cash. At the moment, we can expect an attempt to test the support level near the area of 125. Where again we should expect a rebound and continued growth of the Bitcoin Cash rate with the goal above the level of 175.
Bitcoin Cash forecast & technical analysis December 21, 2018
In favor of the growth of quotations BCH/USD will test the rising trend line on the indicator of relative strength index (RSI). As well as a rebound from the lower boundary of the bullish channel. Cancellation option growth rate Bitcoin Cash will fall and the breakdown of the region 115. This will indicate a breakdown of the lower boundary of the channel and the continuation of the fall of the cryptocurrency rate. With the breakdown of the resistance area and the closure of quotes above the level of 155, we should expect confirmation of the development of an upward trend in Bitcoin Cash.
Bitcoin Cash forecast & technical analysis December 21, 2018 imply an attempt to test the support area near the level of 125. Where should we expect a rebound and continued BCH/USD growth to the area above the level of 175. 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 115. This will indicate a continued decline in cryptocurrency.
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