Bitcoin Cash BCH/USD is trading at 825. The cryptocurrency is trading above the upper Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin Cash. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 775, from which it is expected to attempt a rebound and continue the growth of the BCH/USD cryptocurrency with a target above the level of 910.
Bitcoin Cash forecast & analysis BCH/USD July 20, 2018
An additional signal in favor of the growth of the cryptocurrency will be a test of the support level, as well as a test of the lower border of the channel. Earlier, a weak signal was received for buy of Bitcoin Cash cryptocurrency, due to crossing of signal lines at 685 level.
The cancellation of the growth of BCH/USD quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo indicator Cloud and the closing below the level of 710, which will indicate a change in the bullish trend in favor of the bearish trend and the continued fall of the cryptocurrency. Expect the acceleration of the growth of quotations BCH/USD stands with the breakdown of the resistance area and the closing above the level of 900.
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