Bitcoin Cash BCH/USD is trading at 1274. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend in Bitcoin Cash. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 1350, from which it is expected to attempt a rebound and continue the fall with a target close to 1000. An additional signal in favor of the drop of the cryptocurrency will be a resistance level test.
Bitcoin Cash forecast & analysis on February 9, 2018
Earlier, a weak signal was received for buy of Bitcoin Cash cryptocurrency, due to the crossing of signal lines at the level of 1070. The cancellation of the variant of the BCH/USD quotations fall will be the breakdown of the upper boundary of the Indicator Cloud and the closing above the level of 1400, which will indicate a change in the flat trend in favor of the bullish trend. Expect to accelerate the fall in quotations BCH/USD stands with the breakdown of the lower boundary of the Cloud indicator and the closing below the level of 900.
