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Bitcoin Cash

Bitcoin Cash price analysis: BCH/USD market momentum turns from bearish to bullish

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  • Daily price chart is floating below the SMA 200, SMA 50 and SMA 20 curves.
  • The RSI indicator is trending around 39, next to the oversold zone.

BCH/USD daily chart

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BCH/USD is on course of charting its second straight bullish day. Currently, the price has gone up slightly to $211.75 and is floating below the 20-day Simple Moving Average (SMA 20), SMA 50 and SMA 200 curves. The Moving Average Convergence/Divergence (MACD) indicator has reversed its momentum from bearish to bullish, while the Relative Strength Index (RSI) indicator is trending around 39. The 20-day Bollinger jaw has narrowed, showing decreasing price volatility.
 

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Bitcoin Cash

Bitcoin Cash (BCH/USD) forecast and analysis on January 18, 2020

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Cryptocurrency Bitcoin Cash (BCH/USD) is trading at 336. Cryptocurrency quotes are trading above the moving average with a period of 55. This indicates a bullish trend on Bitcoin Cash. At the moment, cryptocurrency quotes are moving near the middle border of the Bollinger Bands indicator stripes.

Bitcoin Cash (BCH/USD) forecast and analysis on January 18, 2020

As part of the Bitcoin Cash forecast, a test of level 320 is expected. Where can we expect an attempt to continue the growth of BCH/USD and the further development of an upward trend. The purpose of this movement is the area near the level of 405. The conservative area for buying Bitcoin Cash is located near the lower border of the Bollinger Bands indicator strip at 278.

Bitcoin Cash (BCH/USD) forecast and analysis on January 18, 2020

Cancellation of the option to continue the growth of the Bitcoin Cash rate will be a breakdown of the lower border of the Bollinger Bands indicator stripes. As well as a moving average with a period of 55 and closing of quotations of the pair below the area of ​​270. This will indicate a change in the current trend in favor of the bearish for BCH/USD. In case of breakdown of the upper border of the Bollinger Bands indicator bands, we should expect an acceleration in the fall of cryptocurrency.

Bitcoin Cash (BCH/USD) forecast and analysis on January 18, 2020 implies a test level of 320. Further growth is expected to continue to the area above level 405. The conservative buying area is located near area 278. The breakdown of the growth option for cryptocurrency will be the breakdown of level 270. In this case, we should expect a further fall.

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Bitcoin Cash

Bitcoin Cash (BCH/USD) forecast and analysis on January 15, 2020

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Cryptocurrency Bitcoin Cash (BCH/USD) is trading at 280. Cryptocurrency quotes are trading above the moving average with a period of 55. This indicates a bullish trend on Bitcoin Cash. At the moment, cryptocurrency quotes are moving near the upper border of the Bollinger Bands indicator stripes.

Bitcoin Cash (BCH/USD) forecast and analysis on January 15, 2020

As part of the Bitcoin Cash forecast, a test of level 268 is expected. Where can we expect an attempt to continue the growth of BCH/USD and the further development of an upward trend. The purpose of this movement is the area near the level of 308. The conservative area for buying Bitcoin Cash is located near the lower border of the Bollinger Bands indicator strip at 258.

Bitcoin Cash (BCH/USD) forecast and analysis on January 15, 2020

Cancellation

of the option to continue the growth of the Bitcoin Cash rate will be a breakdown of the lower border of the Bollinger Bands indicator stripes. As well as a moving average with a period of 55 and closing of quotations of the pair below the area of ​​240. This will indicate a change in the current trend in favor of the bearish for BCH/USD. In case of breakdown of the upper border of the Bollinger Bands indicator bands, we should expect an acceleration in the fall of cryptocurrency.

Bitcoin Cash (BCH/USD) forecast and analysis on January 15, 2020 implies a test level of 268. Further growth is expected to continue to the area above level 308. The conservative buying area is located near area 258. The breakdown of the growth option for cryptocurrency will be a breakdown of the level of 240. In this case, we should expect a further fall.

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Bitcoin Cash

Bitcoin Cash (BCH/USD) forecast and analysis on January 14, 2020

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Cryptocurrency Bitcoin Cash (BCH/USD) is trading at 263. Cryptocurrency quotes are trading above the moving average with a period of 55. This indicates a bullish trend on Bitcoin Cash. At the moment, cryptocurrency quotes are moving near the middle border of the Bollinger Bands indicator stripes.

Bitcoin Cash (BCH/USD) forecast and analysis on January 14, 2020

As part of the Bitcoin Cash forecast, a test of level 258 is expected. Where can we expect an attempt to continue the growth of BCH/USD and the further development of an upward trend. The purpose of this movement is the area near the level of 302. The conservative area for buying Bitcoin Cash is located near the lower border of the Bollinger Bands indicator strip at 238.

Bitcoin Cash (BCH/USD) forecast and analysis on January 14, 2020

Cancellation of the

option to continue the growth of the Bitcoin Cash rate will be a breakdown of the lower border of the Bollinger Bands indicator stripes. As well as a moving average with a period of 55 and closing of quotations of the pair below the area of ​​230. This will indicate a change in the current trend in favor of the bearish for BCH/USD. In case of breakdown of the upper border of the Bollinger Bands indicator bands, we should expect an acceleration in the fall of cryptocurrency.

Bitcoin Cash (BCH/USD) forecast and analysis on January 14, 2020 implies a test level of 258. Further growth is expected to continue to the area above the level of 302. The conservative area for buying Bitcoin Cash is located area of 238. Cancellation of the growth option of cryptocurrency will be a breakdown of the level of 230. In this case, we should expect a further fall.

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