Analysis for 2020-05-24
Bitcoin SV (BSV) Bitcoin Cash BCH/USD is traded at the level of 57.76. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud is expected to test near the level of 60.00, from which it is expected to attempt a rebound and continue falling with the target near the level of 47.00. Bitcoin Cash forecast & analysis on March 29, 2024 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance level, as well as a test of the upper boundary of the bearish channel.