Bitcoin Cash BCH/USD is traded at 472. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend in Bitcoin Cash. A breakdown of the upper boundary of the Indicator Cloud is expected with a test near level 460, from which it is expected to attempt a rebound and continue growth with a target close to 650.
Bitcoin Cash forecast & analysis BTC/USD on September 22, 2017
Earlier, a weak signal was obtained for buying of Bitcoin Cash cryptocurrency due to the crossing of signal lines at 440 level. The cancellation of the growth of BCH/USD quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 400, which will indicate a change in the flat trend in favor of a bearish trend. Expect an acceleration in the growth of quotations BCH/USD stands with a breakdown of the resistance level and closing above the area of 560.
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