Bitcoin Cash BCH/USD is traded at the level of 2430. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud near the level 2460 is expected to be tested near the level of 2460, from which it is expected to attempt a rebound and continue the fall with the target close to 2000.
Bitcoin Cash forecast & analysis on January 10, 2018
In favor of falling quotes is the breakdown of the lower boundary of the «Triangle» model. Earlier, a weak signal was received for sell of the Bitcoin Cash cryptocurrency, due to the crossing of signal lines at the level of 2550. The cancellation of the variant of the BCH/USD quotes drop will be a breakdown of the level of 2650, which will indicate a change in the bearish trend in favor of the bullish trend.