Bitcoin Cash insight analysis for November 15, 2017
BCHUSD is trading at 1326.Indicationof a bullish trend in Bitcoin Cash.
Expected to attempt a rebound and continuation of growth
Earlier, a strong signal was received to buy Bitcoin Cash
buying in the red zone (tentatively, barring any dramatic changes in patterns. Anything can change at any moment) and looking for a nice place to profit in the swing zone.
CURRENCY TRADERS Bitcoin Cash insight analysis Bitcoin Cash BCH/USD is trading at 1326. Cryptocurrency is trading above the upper Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Bitcoin Cash. The Ichimoku Kinko Hyo signal line area test is expected near the 1280 level, from which it is expected to attempt a rebound and continue growth with a target near 1760.
Earlier, a strong signal was received for the buy of Bitcoin Cash cryptocurrency due to the intersection of signal lines at the level of 595. Canceling the growth of BCH/USD will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the 950 area, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of the cryptocurrency is the breakdown of the upper limit of the model «Triangle» and the closure above the level of 1450.
Bitcoin Cash Analysis
|Jan 08, 2018||2786.60||2810.32||2275.07||2421.47||1,428,900,000||47,091,600,000|
|Jan 07, 2018||2784.68||3071.16||2730.31||2786.88||1,444,780,000||47,054,000,000|
|Jan 06, 2018||2583.71||2829.69||2481.36||2786.65||1,669,160,000||43,653,200,000|
|Jan 05, 2018||2400.74||2648.32||2370.59||2584.48||2,115,710,000||40,557,600,000|
|Jan 04, 2018||2608.87||2610.20||2359.30||2430.18||5,377,260,000||44,069,100,000|
|Jan 03, 2018||2700.55||2958.47||2592.56||2608.69||4,688,840,000||45,613,300,000|
|Jan 02, 2018||2434.50||2867.14||2434.50||2711.00||1,831,230,000||41,114,800,000|
|Jan 01, 2018||2534.82||2534.86||2389.52||2432.54||922,813,000||42,804,800,000|
|Dec 31, 2017||2376.96||2627.95||2350.03||2533.01||1,300,820,000||40,134,900,000|
|Dec 30, 2017||2791.55||2791.55||2329.47||2392.41||1,257,760,000||47,129,800,000|
|Dec 29, 2017||2587.30||2922.41||2389.04||2779.95||2,479,420,000||43,677,000,000|
|Dec 28, 2017||2888.64||2896.78||2481.30||2566.64||3,221,300,000||48,758,700,000|
|Dec 27, 2017||3108.32||3108.32||2771.05||2889.52||1,406,450,000||52,461,200,000|
|Dec 26, 2017||2947.74||3112.64||2915.80||3108.89||1,544,430,000||49,745,700,000|
|Dec 25, 2017||2929.35||3099.62||2755.60||2954.69||1,355,440,000||49,430,800,000|
|Dec 24, 2017||3260.55||3260.55||2573.44||2903.12||1,712,160,000||55,013,200,000|
|Dec 23, 2017||2746.95||3479.71||2684.82||3257.08||2,843,310,000||46,342,000,000|
|Dec 22, 2017||3324.00||3369.55||1938.36||2696.69||3,877,770,000||56,071,800,000|
|Dec 21, 2017||3909.00||3909.00||3038.01||3267.17||3,664,330,000||65,933,700,000|
|Dec 20, 2017||2825.03||4355.62||2825.03||3923.07||11,889,600,000||47,644,600,000|
|Dec 19, 2017||2199.06||2918.93||2160.92||2805.89||3,913,340,000||37,083,300,000|
|Dec 18, 2017||1869.21||2353.64||1799.12||2196.64||2,538,650,000||31,516,900,000|
|Dec 17, 2017||1812.33||1939.93||1806.65||1862.88||1,020,590,000||30,554,500,000|
|Dec 16, 2017||1824.85||1890.06||1769.50||1801.88||971,255,000||30,762,600,000|
|Dec 15, 2017||1974.66||1974.66||1678.06||1815.43||1,457,230,000||33,284,800,000|
|Dec 14, 2017||1600.67||2080.41||1593.15||1966.14||2,717,410,000||26,977,700,000|
|Dec 13, 2017||1616.99||1702.53||1497.94||1607.65||1,245,190,000||27,249,600,000|
|Dec 12, 2017||1427.38||1638.29||1427.38||1615.03||1,386,250,000||24,051,800,000|
|Dec 11, 2017||1320.00||1453.49||1316.85||1423.38||922,792,000||22,239,900,000|
|Dec 10, 2017||1411.84||1411.84||1226.21||1323.07||885,886,000||23,784,900,000|
|BITCOIN | RIPPLE | DASHCOIN | Ethereum | LTCUSD news | ZCASH | Ethereum Classic | BITCOIN CASH | Monero |
Cryptocurrency Benefits and Drawbacks
Cryptocurrencies make it less complicated to transfer price range among two events in a transaction; these transfers are facilitated via using public and private keys for security functions. These fund transfers are executed with minimum processing prices, allowing users to keep away from the steep fees charged by maximum banks and monetary institutions for twine transfers.
Valuable to the genius of bitcoin is the blockchain it uses to store an internet ledger of all the transactions that have ever been carried out using bitcoins, imparting a statistics structure for this ledger that is uncovered to a restricted hazard from hackers and can be copied throughout all computers running bitcoin software. Many professionals see this block chain as having important uses in technology, which includes online voting and crowdfunding, and major monetary establishments along with jp morgan chase see capacity in cryptocurrencies to decrease transaction fees with the aid of making fee processing greener.
But, because cryptocurrencies are virtual and do no longer have a valuable repository, a digital cryptocurrency stability may be worn out by a laptop crash if a backup copy of the holdings does no longer exist. When you consider that charges are primarily based on deliver and call for, the price at which a cryptocurrency can be exchanged for another forex can differ widely.
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