Channel: Altcoin Buzz
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Cryptocurrency Bitcoin Cash (BCH/USD) is trading at 132. Cryptocurrency quotes are trading below the moving average with a span of 55. This indicates a bearish trend on Bitcoin Cash. Right now, cryptocurrency quotations are moving close to the center border of the Bollinger Bands index.
Bitcoin Cash (BCH/USD) prediction and evaluation on January 16, 2019
Included in the Bitcoin Cash prediction, a test of degree 140 is anticipated. Where should we anticipate an effort to keep the autumn of BCH/USD and the additional evolution of the downward tendency. The objective of this motion is the area close to the amount of 115. The conservative area for earnings of Bitcoin Cash is situated near the top edge of the Bollinger Bands index strip at par 142.
Cancellation of the choice to continue the decrease in Bitcoin Cash are the breakdown of the top boundary of the Bollinger Bands indicator rings. In addition to the moving average with a span of 55 and final of quotes of the pair over the region of 150. This will indicate a change in the current trend in favor of this bullish for BCH/USD. In case of a breakdown of the lower boundary of the Bollinger Bands indicator rings, an individual should expect an acceleration of the collapse of the cryptocurrency.
Bitcoin Cash (BCH/USD) prediction and evaluation about January 16, 2019 suggests a test level of 140. Further, it’s expected to keep on falling into the region below 115. The conservative area for sale Bitcoin Cash is situated area of 142. Cancellation of the option of decreasing cryptocurrency is going to be a breakdown of the amount 150. In cases like this, we can anticipate continuation development.