Bitcoin Cash forecast & analysis BCH/USD July 17, 2018


Bitcoin Cash BCH/USD is trading at 772. The cryptocurrency trading above the upper boundary of the clouds Ichimoku Kinko Hyo, indicating a bullish trend of Bitcoin Cash. It is expected to test the upper boundary of the clouds Ichimoku Kinko Hyo near the level of 740, where we can expect a rebound attempt and continued growth BCH/USD cryptocurrency with a view above the level of 830.

Bitcoin Cash forecast & analysis BCH/USD July 17, 2018

An additional signal to perform a test cryptocurrency growth support level and the test upper limit downward channel. Earlier, a weak signal was received for buy of Bitcoin Cash cryptocurrency, due to crossing of signal lines at 685 level.

Bitcoin Cash forecast & analysis BCH/USD July 17, 2018

Cancellation option will be a breakdown of the growth of quotations of cloud indicator Ichimoku Kinko Hyo and closing below the level of 675, which indicates to replace the bullish trend in favor of the continuation of the bearish trend and cryptocurrency fall. Expect to accelerate the growth of BCH/USD quotes worth a breakdown resistance area and closing above the level of 795.


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