Bitcoin Cash BCH/USD is traded at the level of 1839. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin Cash. Ichimoku Kinko Hyo signal line area test is near the level of 1690, from which it is expected to attempt a rebound and continue growth with the target near 2150.
Bitcoin Cash forecast & analysis on December 15, 2017
An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Earlier, we received a weak signal for buy of Bitcoin Cash cryptocurrency due to the crossing of signal lines at 1315. The cancellation of the growth of BCH/USD quotations will be the breakdown of the Ichimoku Kinko Hyo Cloud lower boundary with the closing of quotations below the level of 1460, which will indicate a change in the bullish trend in favor of bearish trend. To expect the acceleration of the growth of the cryptocurrency Bitcoin Cash costs with the breakdown of the level of 2000.
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