Bitcoin Cash BCH/USD is trading at 544. 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 level of 505, from which it is expected to attempt a rebound and continue growth with the target close to 620.
Bitcoin Cash forecast & analysis on November 3, 2017
Earlier, a weak signal was received for buy of Bitcoin Cash cryptocurrency due to the crossing of signal lines at 320. The abolition of the growth of BCH/USD will become a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the 450 area, 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 a breakdown of the local maximum level and closing above 585.
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