Bitcoin Cash BCH/USD is trading at 166.48. Quotes continue to move in growth. BCH/USD quotes move above the upper boundary of the Ichimoku Kinko Hyo Cloud. This indicates the presence of a bullish trend in Bitcoin Cash. As part of the forecast of the cryptocurrency rate, Bitcoin Cash on April 2, 2019. A test of the upper boundary of the Ichimoku Kinko Hyo Cloud is expected near the level of 164.85. Where can we expect a rebound and continued growth of cryptocurrency BCH/USD with the target above the level of 190.00.

Bitcoin Cash Forecast and Analysis April 2, 2019

An additional signal in favor of the growth of cryptocurrency will be the test of the support level. The second signal will be a rebound from the lower boundary of the rising channel. Earlier, a weak signal was received for SELL the Bitcoin Cash. The signal was formed due to the intersection of signal lines at the level of 167.00. The nearest resistance area is at 175.00. The area of ​​support for BCH/USD is located at the level of 163.55.

Bitcoin Cash Forecast and Analysis April 2, 2019

Cancellation of the growth option of BCH/USD quotes will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud and close below 155.55. This will indicate a change in the upward trend in favor of the downward trend and the continuation of the fall of the cryptocurrency. Expect acceleration of growth of quotations BCH/USD stands with the breakdown of the resistance area and closing above the level of 175.55.

Bitcoin Cash Forecast and Analysis April 2, 2019 involves an attempt to correct cryptocurrency and a test level of 164.85. Where can we expect to continue the growth rate of Bitcoin Cash with a potential goal near the level of 190.00. The abolition of the lifting option will be the fall and the breakdown of the 155.55 area. In this case, we should expect a continuation of the decline with a potential target of 135.00.