Quotes of digital currency Bitcoin Cash continue to move in decline. At the time of the publication of the forecast, the cost of Bitcoin Cash to the US Dollar is 278.38. At the moment, we should expect an attempt to grow and test the resistance level near the area of 285.00. Then rebound and the continuation of the fall of the digital asset in the area below the level of 225.00.
Bitcoin Cash price Prediction April 14, 2019
In favor of the fall in BCH/USD quotes, a test of the resistance line on the relative strength indicator (RSI) will come out. The second signal will be a rebound from the upper boundary of the downward channel. Cancellation of the option of falling of the course Bitcoin Cash on April 14, 2019 will be a strong growth and a breakdown of the level of 305.00. This will indicate a breakdown of the upper boundary of the downward channel and the continued growth of the BCH/USD digital asset quotes to the area above the level of 355.00. Confirmation of the reduction will be the breakdown of the support area and the closing below the level of 255.00.
Bitcoin Cash price Prediction April 14, 2019 involves an attempt to test the resistance level near the area of 285.00. Where can we expect a rebound and the continuation of the fall of the Bitcoin Cash rate with the goal below the level of 225.00. An additional signal in favor of reduction will be the test of the resistance line on the relative strength index (RSI). Cancellation of the fall option will be the breakdown of the resistance area and closing of quotes above the level of 305.00.