Bitcoin Cash BCH/USD is traded at 1681. 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 1700 level, from which it is expected to attempt a rebound and continue the fall with a target near 1300.
Bitcoin Cash forecast & analysis on January 30, 2018
Earlier, a weak signal was received for buy of Bitcoin Cash cryptocurrency, due to crossing of signal lines at 1600 level.
The cancellation of the variant of the BCH/USD quotes drop will be the breakdown of the upper bound of the Cloud of the indicator and the closing above the level of 1850, which will indicate a change in the flat trend in favor of the bullish trend. Expect the acceleration of the fall in quotations BCH/USD stands with the breakdown of the lower boundary of the model «Triangle» and closing below 1450.
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