Bitcoin BTC/USD is trading at 9,195. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. The test area of the Ichimoku Kinko Hyo signal lines near the 8980 level is expected, from which it is expected to rebound and continue growth with the target near 10250. An additional signal in favor of the growth of the cryptocurrency will be a test of the broken channel boundary.
Bitcoin prediction & analysis BTC/USD on November 27, 2017
Earlier, we received a weak signal for buy of Bitcoin cryptocurrency due to 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 area of 7700, which will indicate a change in the bullish trend in favor of the bearish trend. Expect the acceleration of the growth of quotations BTC/USD stands with the breakdown of the upper boundary of the channel and the closing above the level of 9650.
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