Bitcoin Cash BCH/USD is trading at 442. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. As part of the Bitcoin Cash forecast & analysis BCH/USD September 15, 2018, Ichimoku Kinko Hyo Cloud lower limit test is expected near the 475 level, from which it is expected to attempt a rebound and continue the fall of the BCH/USD cryptocurrency with a target below 380.
Bitcoin Cash forecast & analysis BCH/USD September 15, 2018
An additional signal in favor of reducing the cryptocurrency will be a resistance level test, as well as a rebound from the upper limit of the «Triangle» model. Earlier, a weak signal was received for buy of Bitcoin Cash cryptocurrency, due to the crossing of signal lines at level 445.
The cancellation of the variant of the BCH/USD quotation drop will be the breakdown of the upper Ichimoku Kinko Hyo Cloud and the closing above the 535 level, which will indicate a change in the bearish trend in favor of the bullish trend and the continued growth of the cryptocurrency. Expect to accelerate the fall in quotations BCH/USD stands with the breakdown of the lower boundary of the model «Triangle» and the closure below the level of 415.
Bitcoin Cash forecast & analysis BCH/USD September 15, 2018 involves an attempt to correct the cryptocurrency and the test level of 475, from which it is expected to continue the decline of the Bitcoin Cash rate with a potential target near the level of 380, the cancellation of the decline option will make a strong growth and breakdown of the area 535, in this case expect growth to continue.
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