Quotes of digital currency Bitcoin Cash continue to move within the growth and the rising channel. At the time of the publication of the forecast, the cost of Bitcoin Cash to the US Dollar is 132.55. At the moment, we should expect an attempt to fall and a test of the support level near the area of 130.00. Then rebound and continued growth of the digital asset in the region above the level of 140.00.
Bitcoin Cash price prediction March 16, 2019
A test of the support line on the relative strength index (RSI) will be in favor of raising the BCH/USD quotes. The second signal will be a rebound from the lower boundary of the rising channel. Cancellation option growth rate Bitcoin Cash March 16, 2019 will fall and the breakdown level of 126.00. This will indicate a breakdown of the lower boundary of the ascending channel and the continuation of the fall of the BCH/USD digital asset quotes to the area below 120.00. The growth will be confirmed by the breakdown of the upper limit of the downward channel and closing above the level of 135.00.
Bitcoin Cash price prediction March 16, 2019 implies an attempt to test the support level near the area of 130.00. Where can we expect a rebound and the continuation of the growth rate of Bitcoin Cash with a goal above 140.00. An additional signal in favor of lifting will be the test of the support line on the relative strength index (RSI). Cancellation of the growth option will be the breakdown of the support area and closing quotes below 120.00.