Bitcoin Cash forecast & analysis on October 26, 2017


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Bitcoin Cash BCH/USD is trading at 318. Cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud is expected to test near the 330 level, from which it is expected to attempt a rebound and continue falling with the target close to 285.

Bitcoin Cash forecast & analysis on October 26, 2017

Bitcoin Cash forecast & analysis on October 26, 2017

Previously, a strong signal was received for the sell of the Bitcoin Cash cryptocurrency, by crossing the signal lines at level 329. By abolishing the variant of the BCH/USD will become a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations above the 360 ​​area, which indicates a change in the downward trend in favor of the upward trend. Expect to accelerate the fall in quotations BCH/USD is with a breakdown of level 310.

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