Bitcoin Cash BCH/USD is trading at 1408. The cryptocurrency is trading above the upper limit of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin Cash. A test of the top Ichimoku Kinko Hyo near the level of 1300 is expected, from which it is expected to attempt a rebound and continue growth with a target above the level of 1750.
Bitcoin Cash forecast & analysis BCH/USD April 28, 2018
An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Earlier, a weak signal was received for sell of the Bitcoin Cash cryptocurrency, due to the crossing of signal lines at the level of 1320.
The cancellation of the growth of the BCH/USD quotations will be the breakdown of the lower boundary of the Indicator Cloud and the closing below the level of 1100, which will indicate a shift in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations BCH/USD stands with the breakdown of the upper limit of the model «Triangle» and the closure above the level of 1500.
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