Bitcoin Cash BCH/USD is trading at 440. Cryptocurrency is trading below the lower limit of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. As part of the Bitcoin Cash forecast & analysis BCH/USD October 21, 2018, a test of the Ichimoku Kinko Hyo signal lines is expected near the level of 445, from which we can expect an attempt to rebound and continue to reduce the cryptocurrency of BCH/USD with a target below 395.
Bitcoin Cash forecast & analysis BCH/USD October 21, 2018
An additional signal in favor of reducing cryptocurrency will be a test of the resistance area, as well as a rebound from the upper limit of the downward channel. Previously, a strong signal was received for the sell of Bitcoin Cash cryptocurrencies, due to the crossing of signal lines at the level of 445.
Cancellation of the BCH/USD quotes reduction option will be a breakdown of the upper limit of the Ichimoku Kinko Hyo Cloud and close above 485, which will indicate a change in the downward trend in favor of the upward trend and continued growth of cryptocurrency. Expect to accelerate the fall of BCH/USD quotes with the breakdown of the support area and closing below 425.
Bitcoin Cash forecast & analysis BCH/USD October 21, 2018 involves an attempt to correct cryptocurrency and a test of level 445, from which we can expect a further fall in the rate of Bitcoin Cash with a potential target near the level of 395, cancellation of the decline will be a strong growth and a breakdown of 485, in this case, we can expect continued growth.