Bitcoin Cash forecast & analysis on November 1, 2017


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Bitcoin Cash BCH/USD is trading at 442 levels. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin Cash. Ichimoku Kinko Hyo signal line area test is near the 415 level, from which it is expected to attempt a rebound and continue growth with the target close to 535.

Bitcoin Cash forecast & analysis on November 1, 2017

Bitcoin Cash forecast & analysis on November 1, 2017

Earlier, a weak signal was obtained for buy of Bitcoin Cash cryptocurrency, by crossing the signal lines at 320. Canceling the growth of BCH/USD will become a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below area 390, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations BCH/USD stands with the breakdown of the upper limit of the model «Triangle» and the closing above the level of 465.

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