Bitcoin Cash BCH/USD is traded at 1246. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin Cash. The Ichimoku Kinko Hyo signal line area test is expected near the 1220 level, from which it is expected to attempt a rebound and continue growth with a view near 1650. Earlier, a strong signal was received for buy of Bitcoin Cash cryptocurrency, by crossing the signal lines at the level of 595.
Bitcoin Cash prediction & analysis on November 16, 2017
By abolishing the variant of the growth of quotations BCH/USD will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the 950 area, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of the cryptocurrency is the breakdown of the upper limit of the model «Triangle» and the closure above the level of 1350.
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