Bitcoin Cash BCH/USD is trading at 2288. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. The test area of Ichimoku Kinko Hyo signal lines near the 2300 level is expected, from which it is expected to attempt a rebound and continue the fall with a target near 1600. Earlier, a signal of medium strength signal was received for sell of the Bitcoin Cash cryptocurrency, by crossing the signal lines at 2740 level.
Bitcoin Cash forecast & analysis on January 1, 2018
The cancellation of the variant of the BCH/USD quotes drop will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations above the level of 2750, which will indicate a change in the bearish trend in favor of the bullish trend. Expect the acceleration of the fall of the cryptocurrency Bitcoin Cash with the breakdown of the support level and closing below 2000.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
