Bitcoin Cash BCH/USD is trading at 2825. Cryptocurrency is trading above the upper limit of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud near the level 2650 is expected to be tested near the level of 2650, from which it is expected to attempt a rebound and continue growth with the target close to 3500. Earlier, a weak signal was received for sell of the Bitcoin Cash cryptocurrency, by crossing the signal lines at 2720 level.
Bitcoin Cash forecast & analysis on December 28, 2017
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 2450, which will indicate a change in the bullish trend in favor of a bearish trend. Expect the acceleration of the growth of the Bitcoin Cash cryptocurrency, with the breakdown of the upper bound of the «Triangle» model and a close above 3000.
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