Bitcoin Cash forecast & analysis on December 21, 2017


Bitcoin Cash BCH/USD is trading at 2958. 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 2650 level, from which it is expected to attempt a rebound and continue growth with the target close to 3700.

Bitcoin Cash forecast & analysis on December 21, 2017

Bitcoin Cash forecast & analysis on December 21, 2017

Earlier, a strong signal was received for buy of Bitcoin Cash cryptocurrency, by crossing the signal lines at 1850 level. Cancellation of the growth rate quotes of BCH/USD will become a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the level of 1900, which will indicate a change in the bullish trend in favor of the bearish trend.


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