Bitcoin Cash BCH/USD is trading at 1405. 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 test near the level of 1430, from which it is expected to attempt a rebound and continue falling with the target close to 1090.
Bitcoin Cash prediction & analysis on December 3, 2017
Earlier, a weak signal was received for sell of the 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 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 1320.
