Bitcoin Cash BCH/USD are trading at 335 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $7 065 280 506. At the moment, we can expect an attempt to test the resistance level near area 395. Where again we should expect a rebound and the continuation of the fall of Bitcoin Cash with a target below 255.
Bitcoin Cash forecast & technical analysis November 19, 2018
In favor of lowering BCH/USD quotes, a test of the trend line on the relative strength index (RSI) will come out. Cancellation of the option of a fall in the course will be a strong growth and a breakdown of the area of 440. This will indicate a breakdown of the area of resistance and continued growth of the cryptocurrency rate. With the breakdown of the area of support and closing of quotes below the level of 305, we should expect confirmation of the development of the downward trend in Bitcoin Cash.
Bitcoin Cash forecast & technical analysis November 19, 2018 suggests an attempt to test the resistance area near the level of 395. Where should we expect a rebound and the continuation of the fall of BCH/USD to the area below the level of 255. An additional signal in favor of reducing Bitcoin Cash will be a test of the trend line on the relative strength index (RSI). Cancellation of the fall option will be a strong growth and the breakdown of the area of 440. This will indicate continued growth in cryptocurrency.
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