Bitcoin Cash BCH/USD is trading at 166. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud. This indicates the presence of an upward trend in Bitcoin Cash.
As part of the Bitcoin Cash prediction & analysis BCH/USD January 8, 2019, the Ichimoku Kinko Hyo Cloud bottom test is expected to be near the level of 160. Where can we expect a rebound and continued growth of BCH/USD cryptocurrency with a goal above 220.
Bitcoin Cash prediction & analysis BCH/USD January 8, 2019
An additional signal in favor of the growth of cryptocurrency will be the test area of support. As well as a rebound from the lower boundary of the model «Triangle». Earlier, a strong signal was received for SELL the Bitcoin Cash cryptocurrencies. The signal was formed due to the intersection of the signal lines at the level of 160.
Cancellation of the BCH/USD quotes growth option will be a breakdown of the lower Ichimoku Kinko Hyo Cloud and close below 150. This will indicate a change in the upward trend in favor of the downward trend and the continuation of a fall in cryptocurrency. Expect to accelerate the growth of quotations BCH/USD stands with the breakdown of the upper limit of the model «Triangle» and closing above 180.
Bitcoin Cash prediction & analysis BCH/USD January 8, 2019 implies an attempt to correct cryptocurrency and a test of level 160. Where should we expect further growth of the rate of Bitcoin Cash with a potential target near level 220. Cancellation of the growth option will be the fall and a breakdown of the area 150. In this case, we should expect a further decline.