Bitcoin Cash BCH/USD is traded at the level of 2020. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Bitcoin Cash. The test area of Ichimoku Kinko Hyo signal lines near the level 2200 is expected, from which it is expected to attempt a rebound and continue the fall with a target near 1600.
Bitcoin Cash forecast & analysis on January 17, 2018
Earlier, a weak signal was received for sell of Bitcoin Cash cryptocurrency, due to crossing of signal lines at 2630 level.The cancellation of the variant of the BCH/USD quotes fall will be the breakdown of the upper boundary of the Indicator Cloud and the closing above the level of 2500, which will indicate the change of the bearish trend in favor of the bullish trend. Expect the acceleration of the fall in quotations BCH/USD stands with a breakdown of the level of 1800.
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