Bitcoin Cash BCH/USD is trading at 1014. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. The test area of Ichimoku Kinko Hyo signal lines near level 1100 is expected, from which it is expected to attempt a rebound and continue falling of the cryptocurrency with a target below the level of 750.
Bitcoin Cash forecast & analysis BCH/USD May 26, 2018
An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area, as well as a test of the upper boundary of the bearish channel. Earlier, a strong signal was received for sales of the Bitcoin Cash cryptocurrency, by crossing the signal lines at the level of 1230.
The cancellation of the BCH/USD fall will be the breakdown of the upper Ichimoku Kinko Hyo indicator Cloud and the closing above the level of 1200, which indicates a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations BCH/USD is worth a breakdown of the support area and closing below the level of 900.