Bitcoin Cash BCH/USD is traded at the level of 1121. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Bitcoin Cash. Ichimoku Kinko Hyo signal line area test is near the 980 level, from which it is expected to attempt a rebound and continue growth with the target close to 1400. An additional signal of the growth of the cryptocurrency will be the test of the lower boundary of the bullish channel.
Bitcoin Cash forecast & analysis on November 14, 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 quotations below the 750 area, which will indicate a change in the bullish trend in favor of bearish trend. Expect to accelerate the growth of the cryptocurrency is with the breakdown of the level of 1300.
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