Bitcoin Cash (BCHUSD) weekly forecast on March 18 — 24, 2019

Cryptocurrency Bitcoin Cash (BCH/USD) is trading at 154. 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.

Bitcoin Cash (BCHUSD) weekly forecast on March 18 — 24, 2019

As part of the Bitcoin Cash forecast, a test of level 135 is expected. Where should we expect an attempt to continue the growth of BCH/USD and further development of the upward trend. The purpose of this movement is the area near the level of 240. The conservative area for Bitcoin Cash buying is located near the lower border of the Bollinger Bands indicator strip at level 120.

Bitcoin Cash (BCHUSD) weekly forecast on March 18 — 24, 2019

Cancellation of the option to continue the growth rate of Bitcoin Cash will be a breakdown of the lower border of the Bollinger Bands indicator bands. As well as the moving average with a period of 55 and the closing of quotations of the pair below area 110. This will indicate a change in the current trend in favor of a bearish for BCH/USD. In case of a breakdown of the upper border of the Bollinger Bands indicator bands, one should expect an acceleration of the fall of the cryptocurrency.

Bitcoin Cash (BCHUSD) weekly forecast on March 18 — 24, 2019 suggests a test level of 135. Further growth is expected to continue to the area above the level of 240. The conservative area for buying Bitcoin Cash is located area of 120. Cancellation of the growth option of cryptocurrency will be a breakdown of the level of 110. In this case, we should expect a further fall.

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