Bitcoin Cash BCH/USD are traded at the level of 560 and continue to move within the growth framework. Capitalization of the cryptocurrency at the time of publication of the forecast is $9 763 356 905. At this point, we should expect an attempt to test the bottom of the uplink near the 550 area. Again, we expect a rebound and the continued growth of the Bitcoin Cash rate with a target above the level of 625.
Bitcoin Cash forecast & technical analysis September 28, 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 variant of the rate growth will be the fall and breakdown of the 525 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 585, one should expect confirmation of the development of the bullish trend in Bitcoin Cash.
Bitcoin Cash forecast & technical analysis September 28, 2018 suggests a test of the support area near the 550 level, from which it is expected to rebound and continue falling BCH/USD in the area below the level of 625, 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 525, which will indicate the continued decline in the cryptocurrency.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
