Bitcoin Cash BCH/USD is traded at the level of 998. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud is expected to test near the 980 level, from which it is expected to attempt a rebound and continue growth with a target above the level of 1150.
Bitcoin Cash forecast & analysis on March 25, 2018
An additional signal in favor of the growth of the cryptocurrency will be the test of the support area. Earlier, a weak signal was received for sell of the Bitcoin Cash cryptocurrency, due to the crossing of signal lines at the level of 980.
The cancellation of the growth of the BCH/USD quotations will be the breakdown of the lower boundary of the indicator Cloud and the closing below the level of 910, which will indicate a change in the bullish trend in favor of the bearish trend. To expect confirmation of the growth of quotations BCH/USD stands with the breakdown of the upper boundary of the bearish channel and the closing above the level of 1050.