Bitcoin Cash BCH/USD are trading at 178 and continue to move as part of the correction. Cryptocurrency capitalization at the time of the publication of the forecast is $3 163 840 928. At the moment, we can expect an attempt to test the resistance level near the area 215. Where again we should expect a rebound and the continuation of the fall of Bitcoin Cash with a target below 85.
Bitcoin Cash forecast & technical analysis November 27, 2018
In favor of lowering BCH/USD quotes, a test of the trend line on the relative strength index (RSI) will come out. As well as a rebound from the upper boundary of the descending channel. Cancellation of the option of a fall in the rate of Bitkion Cash will be a strong growth and a breakdown of the 245. This will indicate a breakdown of the resistance area and the continued growth of the cryptocurrency rate. With the breakdown of the area of support and closing of quotes below the level of 130, we should expect confirmation of the development of a downward trend in Bitcoin Cash.
Bitcoin Cash forecast & technical analysis November 27, 2018 suggests an attempt to test the resistance area near the level of 215. Where should we expect a rebound and the continuation of the fall of BCH/USD to the area below 85. 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 245 area. This will indicate continued growth in cryptocurrency.
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