Bitcoin Cash BCH/USD is trading at 1363. 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 be tested near the level of 1420, from which it is expected to attempt a rebound and continue the fall with the target near 1170.
Bitcoin Cash prediction & analysis on December 1, 2017
Earlier, a weak signal was received for sell of Bitcoin Cash cryptocurrency, by crossing the signal lines at 1600 level. 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 area of 1650, which indicates a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall of the cryptocurrency is worth a breakdown of the level of 1250.
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