Bitcoin Cash BCH/USD is trading at 1326. Cryptocurrency is trading above the upper Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Bitcoin Cash. The Ichimoku Kinko Hyo signal line area test is expected near the 1280 level, from which it is expected to attempt a rebound and continue growth with a target near 1760.
Bitcoin Cash forecast & analysis on November 15, 2017
Earlier, a strong signal was received for buy of Bitcoin Cash cryptocurrency due to intersection of signal lines at the level of 595. Canceling the growth of BCH/USD will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the 950 area, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of the crypto currency is the breakdown of the upper limit of the model «Triangle» and the closure above the level of 1450.
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