Bitcoin Cash BCH/USD is trading at 448. 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 415 level, from which it is expected to attempt a rebound and continue growth with the target close to 535. Earlier, a weak signal was obtained for buy of Bitcoin Cash cryptocurrency, by crossing the signal lines at 320.
Bitcoin Cash forecast & analysis on October 31, 2017
Canceling the growth of BCH/USD will become a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below area 390, 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 level of 500.
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