Bitcoin Cash forecast & technical analysis September 25, 2018


Bitcoin Cash BCH/USD are traded at 463 and continue to move within the bullish channel. Capitalization of the cryptocurrency at the time of publication of the forecast is $8 154 833 750. At this point, we should expect an attempt to test the bottom of the uplink near the 450 area. Again, we should expect a rebound and the continued growth of Bitcoin Cash with a target above 525.

Bitcoin Cash forecast & technical analysis September 25, 2018

In favor of the growth of quotations BCH/USD will test the trend line on the indicator of relative strength index (RSI). The abolition of the growth option will be the fall and breakdown of the 430 area, which will indicate the breakdown of the support area and the continued fall in the rate of the crypto currency. With the breakdown of the resistance area and the closing of quotes above the level of 515, we should expect confirmation of the development of the upward trend in Bitcoin Cash.

Bitcoin Cash forecast & technical analysis September 25, 2018

Bitcoin Cash forecast & technical analysis September 25, 2018 suggests an attempt to test the support area near the 450 level, from which it is expected to rebound and continue the growth of BCH/USD to the area above 430, 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 515 area, which will indicate the continued decline in the cryptocurrency.


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