Bitcoin Cash BCH/USD is trading at 1281. Cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud near the level 1415 is expected to be tested near the level of the rebound and continue the fall with the target close to 1050.
Bitcoin Cash prediction & analysis on December 2, 2017
Earlier, a weak signal was received for sell of the Bitcoin Cash cryptocurrency, by crossing the signal lines at the level of 1600. 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 quotes above the area of 1550, which indicates a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall of the cryptocurrency is with the breakdown of the level of 1180.
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