Bitcoin Cash BCH/USD is trading at 543. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an upward trend in Bitcoin Cash. As part of the forecast of the Bitcoin Cash forecast & analysis BCH/USD September 30, 2018, Ichimoku Kinko Hyo Cloud near the 510 level is expected to test near the 510 level, from which it is expected to attempt a rebound and continue the growth of the BCH/USD cryptocurrency with a target above 620.
Bitcoin Cash forecast & analysis BCH/USD September 30, 2018
An additional signal in favor of the growth of the cryptocurrency will be a test of the support level, as well as a rebound from the lower boundary of the rising channel. Earlier, a strong signal was received for buy of Bitcoin Cash cryptocurrency, due to the crossing of signal lines at level 475.
The cancellation of the growth of the BCH/USD quotations will be the fall and breakdown of the lower Ichimoku Kinko Hyo Cloud and the closing below 470, which will indicate a shift in the upward trend in favor of the downward trend and the continued fall of the cryptocurrency. To expect confirmation of the growth of quotations BCH/USD stands with the breakdown of the resistance area and the closing above the level of 580.
Bitcoin Cash forecast & analysis BCH/USD September 30, 2018 suggests an attempt to correct the crypto currency and a test of the level 510, where we can expect the continued growth of the Bitcoin Cash rate with a potential target near the level of 620, the cancellation of the growth option will come down and the breakdown of the 470 area, in this case continuation of the decline.
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