Bitcoin Cash after a false exit from consolidation down, turned up and reached an absolute maximum of $ 2100.
Today, the "Moving Average Crossing" indicator (MA cross) gives a buy signal.
The rate corrected from maximum and the resistance level now became the support level: $ 1,700.
The next support level is $ 1200.
On cancellation of the growing trend can be detected in case the day closes below $ 1400.
Recommendation: buy about $ 1700 with the first goal of $ 2,400
Graphs available on
https://www.facebook.com/ICEX.CH/#icex #bitcoin #cryptocurrency #bitcoincash #bch #exchange #investment #analysis