Bitcoin Cash forecast & analysis on November 9, 2017


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Bitcoin Cash BCH/USD is traded at 626. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud near the 605 level is expected to be tested near the level of 605, from which it is expected to attempt a rebound and continue growth with the target close to 740.

Bitcoin Cash forecast & analysis on November 9, 2017

Bitcoin Cash forecast & analysis on November 9, 2017

Earlier, a strong signal was received for the buy of Bitcoin Cash cryptocurrency, by crossing the signal lines at level 600. By abolishing 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 area of ​​540, which will indicate a change in the bullish trend in favor of the bearish trend. Expect the acceleration of the growth of quotations BCH/USD stands with the breakdown of the upper limit of the model «Triangle» and closing above 660.


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