Bitcoin Cash forecast & analysis on November 11, 2017


Bitcoin Cash BCH/USD is traded at 842. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin Cash. The test area of ​​Ichimoku Kinko Hyo signal lines near the level 800 is expected, from which it is expected to attempt a rebound and continue growth with the target close to 985.

Bitcoin Cash forecast & analysis on November 11, 2017

Bitcoin Cash forecast & analysis on November 11, 2017

Earlier, a strong signal was received for the buy of Bitcoin Cash cryptocurrency, by crossing the signal lines at the level of 595. Canceling the growth of BCH/USD quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of ​​530, which will indicate a change in the bullish trend in favor of bearish trend. Expect to accelerate the growth of quotations BCH/USD stands with a breakdown of the local maximum level and closing above 900.


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