Analysis for 2020-06-24
Bitcoin Cash (BCH) The cancellation of the variant of the Bitcoin Cash quotations decline will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the area of 6.85, which will indicate a change in the bearish trend in favor of the bullish trend. Expect the acceleration of the fall in quotations BTC/USD stands with the breakdown of the lower limit of the model « Triangle» and the closing below the level of 6.70. An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area. Earlier, a weak signal was received for buy of Bitcoin Cash cryptocurrency, due to the crossing of signal lines at 630 level.