Bitcoin Cash BCH/USD are trading at 179 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $3 188 517 953. At the moment, we can expect an attempt to test the resistance level near the region of 150. Where again we should expect a rebound and continued growth of the Bitcoin Cash rate with a target above 285.
Bitcoin Cash forecast & technical analysis November 29, 2018
In favor of the growth of BCH/USD quotes, a test of the trend line on the relative strength index (RSI) will come out. Cancellation of the growth rate option Bitcoin Cash will fall and the breakdown of area 130. This will indicate a breakdown of the support area and the continuation of the fall of the cryptocurrency exchange rate. With the breakdown of the upper boundary of the downward channel and the closing of quotations above 210, we should expect confirmation of the development of an upward trend in Bitcoin Cash.
Bitcoin Cash forecast & technical analysis November 29, 2018 suggests an attempt to test the support area near the level of 150. 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 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 130. This will indicate a continued decline in cryptocurrency.
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