Bitcoin Cash BCH/USD is traded at the level of 505. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an upward trend in Bitcoin Cash. As part of the Bitcoin Cash forecast & analysis BCH/USD September 22, 2018, Ichimoku Kinko Hyo Cloud upper limit test is expected near the 470 level, from which it is expected to attempt a rebound and continue the growth of the BCH/USD cryptocurrency with a target higher than 565.
Bitcoin Cash forecast & analysis BCH/USD September 22, 2018
An additional signal in favor of the growth of the cryptocurrency tomorrow will be a support level test, as well as a rebound from the upper limit of the «Triangle» model. Earlier, a weak signal was received for buy of Bitcoin Cash cryptocurrency, due to the crossing of signal lines at level 445.
The cancellation of the growth of BCH/USD quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud and the closing below 445, which will indicate a change in the upward trend in favor of the downward trend and the continuation of the fall of the cryptocurrency. To expect confirmation of the growth of quotations BCH/USD stands with the breakdown of the upper boundary of the descending channel and the closing above the level of 505.
Bitcoin Cash forecast & analysis BCH/USD September 22, 2018 involves an attempt to correct the cryptocurrency and test the level of 470, where we can expect the continued growth of the Bitcoin Cash exchange rate with a potential target near the level of 565, the cancellation of the growth option will come down and the breakdown of the area 445, in this case expect a continuation of the decline.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
