Bitcoin BTC/USD is trading at 8166. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. The test area of Ichimoku Kinko Hyo signal lines near the 7940 level is expected, from which it is expected to rebound and continue growing with the target near 8650. An additional signal in favor of the growth of the cryptocurrency will come from the lower channel test.
Bitcoin prediction & analysis BTC/USD on November 22, 2017
Earlier, a weak signal was received for the buy of Bitcoin cryptocurrency due to the crossing of signal lines at the level of 6350. The abolition of the variant of Bitcoin quotations growth will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the 6800 area, which will indicate a change in the bullish trend in favor of the bearish trend. Expect an acceleration in the growth of quotations BTC/USD stands with a breakdown of the level of 8250.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
