Bitcoin Cash BCH/USD are traded at the level of 531 and continue to move within the limits of growth. The capitalization of the cryptocurrency at the time of publication of the forecast is $9 258 172 615. At this point, we should expect an attempt to test the bottom of the uplink near the 515 area. Again, we expect a rebound and the continued growth of Bitcoin Cash with a target above the level of 605.
Bitcoin Cash forecast & technical analysis October 2, 2018
In favor of the growth of quotations BCH/USD will test the trend line on the indicator of relative strength index (RSI). The cancellation of the growth option will be the fall and breakdown of the 485 area, which will indicate the breakdown of the lower boundary of the rising channel and the continued fall in the rate of the cryptocurrency. With the breakdown of the resistance area and the closing of quotes above the level of 560, one should expect confirmation of the development of the upward trend in Bitcoin Cash.
Bitcoin Cash forecast & technical analysis October 2, 2018 assumes an attempt to test the support area near the level of 515, from which it is expected to rebound and continue falling BCH/USD in the area below the level of 605, an additional signal in favor of Bitcoin Cash growth will test the trend line on the indicator relative strength index (RSI), the cancellation of the growth option will be the fall and breakdown of the region 485, which will indicate the continued decline in the cryptocurrency.
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