Bitcoin Cash BCH/USD is trading at 2566. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud near the level 2600 is expected to be tested near the level of 2600, from which it is expected to attempt a rebound and continue the fall with the target near 2100.
Bitcoin Cash forecast & analysis on December 27, 2017
Earlier, a weak signal was received for buy of Bitcoin Cash cryptocurrency due to the crossing of signal lines at 2450 level. The cancellation of the variant of BCH/USD quotes drop will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the level of 2650, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall of the cryptocurrency Bitcoin Cash with the breakdown of the support level and closing below 1900.
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