Bitcoin Cash BCH/USD are traded at the level of 434 and continue to move within the bullish channel. The capitalization of the cryptocurrency at the time of publication of the forecast is $7 546 668 232. At this point, we should expect an attempt to test the bottom of the uplink near the 420 area. Again, we should expect a rebound and the continued growth of Bitcoin Cash with a target above 495.
Bitcoin Cash forecast & technical analysis September 26, 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 410 area, which will indicate the breakdown of the support area 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 515, we should expect confirmation of the development of the upward trend in Bitcoin Cash.
Bitcoin Cash forecast & technical analysis September 26, 2018 suggests an attempt to test the support area near the level of 420, from which it is expected to rebound and continue the growth of BCH/USD in the area above the level of 495, an additional signal in favor of Bitcoin Cash growth will test the trend line on the indicator relative strength index (RSI), the abolition of the growth option will fall and the breakdown of the region 410, which will indicate the continued decline in the cryptocurrency.
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