Bitcoin Cash (BCH) forecast for 2020-05-24

Analysis for 2020-05-24

Bitcoin Cash (BCH) In favor of reducing the BCH/USD quotes, a test of the downward trend line on the relative strength index (RSI) will come out. Cancellation of the option of falling Bitcoin Cash will be a strong growth and the breakdown of the 310.00 area. This will indicate a breakdown of the upper limit of the downward channel and the continued growth of the cryptocurrency rate. With the breakdown of the area of ​​support and closing of quotes below 265.00, we should expect confirmation of the development of a downward trend in Bitcoin Cash. Bitcoin Cash BCH/USD are trading at 321.05 and continue to move as part of an upward correction.
Bitcoin Cash (BCH)

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