Bitcoin Cash BCH/USD is traded at the level of 766. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in Bitcoin Cash. Ichimoku Kinko Hyo signal line area test is near the 740 level, from which it is expected to attempt a rebound and continue the growth of the cryptocurrency with a target above the level of 900.
Bitcoin Cash forecast & analysis BCH/USD July 4, 2018
An additional signal in favor of the growth of the cryptocurrency will be a test of the support area, as well as a test of the upper boundary of the channel. Previously it received a weak signal for buy of the cryptocurrency Bitcoin Cash, due to the crossing of the signal lines at 700.
Cancellation option growth BCH/USD quotations will sample cloud base indicator Ichimoku Kinko Hyo and close below the level 680 indicating a change in the flat trend in favor of continuing bearish trend and cryptocurrency fall. 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 820.
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