Bitcoin BTC/USD is trading at 18697. Cryptocurrency is trading above the upper limit of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. The Ichimoku Kinko Hyo signal line area test is expected near the level of 18400, from which one should expect a rebound and an attempt to continue growth with the target near 21800.
Bitcoin forecast & analysis BTC/USD on December 19, 2017
Earlier, a strong signal was received for buy Bitcoin cryptocurrency, by crossing the signal lines at 15200. breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 15800, which indicates the change of the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations BTC/USD stands with a breakdown of the level of 19700.
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