Bitcoin Cash BCH/USD is traded at the level of 1833. 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 expected near the 1780 level, from which it is expected to attempt a rebound and continue growth with the target close to 2350. An additional signal in favor of the growth of the cryptocurrency will be the test of the lower border of the bullish channel.
Bitcoin Cash forecast & analysis on December 18, 2017
Earlier, a strong signal was received for the buy of Bitcoin Cash cryptocurrency due to the crossing of signal lines at the level of 1720. The cancellation of the variant of the BCH/USD quotation growth will be the breakdown of the Ichimoku Kinko Hyo Cloud lower boundary with the closing of quotes below the level of 1550, which will indicate a change in the bullish trend in favor of perish 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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