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Bitcoin Cash

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

Cryptocurrency Bitcoin Cash (BCH/USD) is trading at 309. 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 bands.

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

As part of the Bitcoin Cash forecast, a test of the level of 295 is expected. Where can we expect an attempt to continue BCH/USD growth and further develop an upward trend. The purpose of this movement is the area near the level of 340. The conservative buying area for Bitcoin Cash is located near the lower border of the Bollinger Bands indicator strip at 258.

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

Cancellation of the option to continue the growth of the Bitcoin Cash rate will be a breakdown of the area of ​​the lower border of the Bollinger Bands indicator bars. As well as the moving average with a period of 55 and closing of quotations of the pair below the area of ​​253. This will indicate a change in the current trend in favor of the bearish for BCH/USD. In the event of a breakdown of the upper border of the Bollinger Bands indicator bands, one should expect an acceleration in the fall of the cryptocurrency.



Bitcoin Cash (BCH/USD) forecast and analysis on December 18, 2020 implies a test level of 295. Further, growth is expected to continue to the area above the level of 340. The conservative buy area is located near the area of ​​258. Cancellation of the cryptocurrency growth option will be a breakdown of the level of 253. In this case, we should expect continuation of the fall.

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