Bitcoin Cash BCH/USD is trading at 754. The cryptocurrency trading below the cloud base Ichimoku Kinko Hyo, indicating a bearish trend for Bitcoin Cash. The test area of the Ichimoku Kinko Hyo cloud is expected near the 805 level, from which it is expected to attempt a rebound and continue falling of the cryptocurrency with a target below the level of 570.
Bitcoin Cash forecast & analysis BCH/USD June 26, 2018
An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance level, as well as a test of the upper boundary of the bearish channel. Earlier, a medium strength signal was received for the sell of Bitcoin Cash cryptocurrency, due to the crossing of signal lines at 865 level.
Cancellation option quotations fall BCH/USD will breakdown upper limit Clouds indicator Ichimoku Kinko Hyo and closing above the level 840 that points to change a bearish trend in favor of continuing bullish trend and cryptocurrency growth. Expect to accelerate the fall in quotations BCH/USD is with the breakdown of the support area and closing below the level of 690.
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