Bitcoin Cash BCH/USD is trading at 1547. 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 level of 1490, from which it is expected to attempt a rebound and continue growth with a target near 1950.
Bitcoin Cash prediction & analysis on November 26, 2017
An additional signal in favor of the growth of the cryptocurrency quotes will be the test of the lower boundary of the bullish channel. Earlier, a medium strength signal was received for buy of Bitcoin Cash cryptocurrency, due to the crossing of signal lines at 1140. The cancellation of the growth of BCH/USD quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 1250, which indicates a change in a bullish trend in the benefit of a bearish trend. Expect to accelerate the growth of the cryptocurrency is worth a breakdown of the level of 1750.
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