Analysis for 2020-05-24
Binance Coin (BNB) The cancellation of the variant of the BCH/USD quotations drop will be the breakdown of the upper boundary of the indicator Cloud and the closing above the level of 1250, which will indicate the change of the bearish trend in favor of the bullish trend. Expect the acceleration of the fall in quotations BCH/USD stands with the breakdown of the support area and closing below the level of 550. An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area, as well as a test of the upper boundary of the bearish channel. Earlier, a strong signal was received for sell of the Bitcoin Cash cryptocurrency, by crossing the signal lines at 1200 level.