Bitcoin Cash BCH/USD is trading at the level of 1350. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud near the level 1375 is expected to be tested near the level of the rebound and continue the fall with the target near 1110.
Bitcoin Cash forecast & analysis on December 12, 2017
Earlier, a strong signal was received for sell of the Bitcoin Cash cryptocurrency, by crossing the signal lines at 1305. By abolishing the variant of the BCH/USD will become a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the level of 1410, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall of the cryptocurrency is with the breakdown of the level of 1080.
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