Bitcoin Cash BCH/USD is trading at the level of 708. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 750 level, from which it is expected to attempt a rebound and continue the fall with a target below level 585.
Bitcoin Cash forecast & analysis BCH/USD April 4, 2018
An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. Earlier, a weak signal was received for sell of the Bitcoin Cash cryptocurrency, due to the crossing of signal lines at the level of 980.
The cancellation of the variant of the BCH/USD quotations drop will be the breakdown of the upper boundary of the indicator Cloud and the closing above the level of 810, which will indicate the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations BCH/USD is with the breakdown of the support area and closing below the level of 640.
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