Bitcoin Cash BCH/USD prediction & analysis for November 27, 2017
Bitcoin Cash BCH/USD is traded at the level of 1679. Cryptocurrency is traded above the upper boundary, indicating a bullish trend in Bitcoin Cash. BCH signal line area test is near the level of 1520, from which it is expected to attempt a rebound and continue growth with a view near 1950. An additional signal in favor of the growth of the cryptocurrency quotations 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 with the closing of quotations below the area of
1250, which indicates a change in the bullish trend in the benefit of a bearish trend. Expect to accelerate the growth of the cryptocurrency is the breakdown of the upper limit of the model and the closure above the level of 1750.
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