Bitcoin Cash BCH/USD is trading at 985. 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 level 1000, from which it is expected to attempt a rebound and continue falling with a target below level 790.
Bitcoin Cash forecast & analysis on March 21, 2018
An additional signal in favor of the fall of the cryptocurrency will be the test of the upper boundary of the bearish channel. Earlier, a weak signal was received for buy of Bitcoin Cash cryptocurrency, due to the crossing of signal lines at 945 level.
The cancellation of the variant of the BCH/USD quotations decline will be the breakdown of the upper boundary of the Indicator Cloud and the closing above the level of 1070, which will indicate a change in the flat trend in favor of the bullish trend. Expect to accelerate the fall in quotes BCH/USD stands with the breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo and the closing below the level of 920, which indicates the resumption of the downward trend.
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