Bitcoin Cash BCH/USD is trading at 2179. Cryptocurrency is trading above the upper limit of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin Cash. The test area of Ichimoku Kinko Hyo signal lines near the level of 2050 is expected, from which it is expected to attempt a rebound and continue growth with the target close to 2400. An additional signal in favor of the growth of the cryptocurrency will be a test of the support level.
Bitcoin Cash forecast & analysis on December 19, 2017
Earlier, a strong signal was received for the buy of Bitcoin Cash cryptocurrency, by crossing the signal lines at the level of 1850. The cancellation of the growth of the BCH/USD quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the level of 1600, 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 is worth a breakdown of the level of 2400.
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