Bitcoin Cash BCH/USD is traded at the level of 3218. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Bitcoin Cash. Ichimoku Kinko Hyo signal line area test is expected near the level of 2850, from which it is expected to attempt a rebound and continue growth with the target close to 4300.
Bitcoin Cash forecast & analysis on December 22, 2017
Earlier, a strong signal was received for buy of Bitcoin Cash cryptocurrency due to the crossing of signal lines at 1850 level. The cancellation of the growth of 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 2100, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of the cryptocurrency Bitcoin Cash is standing at the level of 3950.
