Bitcoin Cash BCH/USD is trading at 2623. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin Cash. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 2500 level, from which it is expected to attempt a rebound and continue growth with the target close to 2900.
Bitcoin Cash forecast & analysis on January 13, 2018
Earlier, a weak signal was received for the sell of Bitcoin Cash cryptocurrency, by crossing the signal lines at 2550 level. The cancellation of the growth of BCH/USD quotations will be the breakdown of the lower boundary of the Indicator Cloud and the closing below the level of 2400, which will indicate a change in the bullish trend in favor of a bearish trend. To expect the resumption of growth is with the breakdown of the resistance level and the closing above the level of 3100.