Bitcoin Cash BCH/USD are trading at 208 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $3 692 533 201. Moving 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 the area 195. Where again we should expect a rebound and the continued growth of the Bitcoin Cash rate with the goal above the level 285.
Bitcoin Cash forecast & technical analysis December 25, 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 model «Triangle». Cancellation option growth rate Bitcoin Cash will fall and the breakdown of the area 170. This will indicate a breakdown of the lower boundary of the model and the continuation of the fall of the cryptocurrency rate. With the breakdown of the upper boundary of the «Triangle» model and the closure of quotes above the level of 225, we should expect confirmation of the development of a bullish trend in Bitcoin Cash.
Bitcoin Cash forecast & technical analysis December 25, 2018 suggests an attempt to test the support area near the level of 195. Where should we expect a rebound and continued growth of BCH/USD to the area above the level of 285. 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 170. This will indicate a continued decline in cryptocurrency.
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