Bitcoin Cash BCH/USD is trading at level 162. Cryptocurrency is trading inside Ichimoku Kinko Hyo Cloud. This indicates the presence of a flat trend on Bitcoin Cash. As part of the Bitcoin Cash prediction & analysis BCH/USD December 31, 2018, the Ichimoku Kinko Hyo Cloud lower test is expected to be near the level of 160. Where can we expect a rebound and continued growth of BCH/USD cryptocurrency with a target above 240.
Bitcoin Cash prediction & analysis BCH/USD December 31, 2018
An additional signal in favor of the growth of cryptocurrency will be the test area of support. As well as the formation of a reversal pattern inverted “Head and Shoulders». Earlier, a medium strength signal was received for BUY the Bitcoin Cash cryptocurrency. The signal was formed due to the intersection of the signal lines at the level of 165.
Cancellation of the BCH/USD quotes growth option will be a breakdown of the lower Ichimoku Kinko Hyo Cloud and close below level 145. This will indicate a change in the side trend in favor of a downward trend and the continuation of a fall in cryptocurrency. Expect to accelerate the growth of quotes BCH/USD stands with the breakdown of the upper boundary of the downward channel and closing above the level of 190.
Bitcoin Cash prediction & analysis BCH/USD December 31, 2018 involves an attempt to correct cryptocurrency and a test of level 160. Where should we expect further growth in the rate of Bitcoin Cash with a potential target near level 240. Cancellation of the growth option will be the fall and the sample breakdown of 145. B In this case, we should expect a further decline.