Bitcoin BTC/USD is trading at 3289. Cryptocurrency continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Bitcoin. It is expected the area of the signal lines Ichimoku Kinko Hyo indicator test 3000 near the level where we can expect an attempt to growth and further development of bullish tendency on the BTC/USD with the target near the level 3600.
Bitcoin BTC/USD prediction & analysis on August 6, 2017
An additional signal in favor of the growth of quotations cryptocurrency perform the support area test. Previously received a strong signal for buying cryptocurrency Bitcoin, due to the crossing of the signal lines at the level of 2780. Cancellation option Bitcoin growth of quotations will sample cloud base Ichimoku Kinko Hyo with closing quotations below area 2550 that indicates to replace the bullish trend in favor bearish. Expect to accelerate the growth of quotations on BTC/USD is with the breakdown of the local maximum area at 3300.
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