Bitcoin Cash insight analysis for November 15, 2017

Bitcoin Cash insight analysis for November 15, 2017

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.

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BCH Still Has Profit Potential by Xatos on TradingView.com


Bitcoin Cash Analysis

DateOpenHighLowCloseVolumeMarket Cap
Nov 11, 201714.6219.8114.5919.42958,982,0001,423,270,000
Nov 10, 201714.1915.3513.9214.60299,857,0001,380,350,000
Nov 09, 201713.9814.5013.9014.21129,201,0001,359,370,000
Nov 08, 201714.0914.4313.7314.02139,534,0001,369,880,000
Nov 07, 201714.1414.9913.5813.92173,761,0001,374,590,000
Nov 06, 201713.3015.6413.1314.33435,668,0001,292,090,000
Nov 05, 201711.8614.2311.8013.24333,395,0001,152,170,000
Nov 04, 201712.6312.6511.2311.89149,319,0001,226,190,000
Nov 03, 201710.2412.7310.2012.66146,543,000993,753,000
Nov 02, 201710.2710.389.8210.2439,190,200996,639,000
Nov 01, 201710.6010.6710.2510.2630,011,8001,028,310,000
Oct 31, 201710.8710.9410.6210.6227,241,2001,053,730,000
Oct 30, 201710.8410.9710.8010.8720,081,7001,050,600,000
Oct 29, 201710.5911.2010.5910.8665,005,2001,026,380,000
Oct 28, 201710.4010.6810.2910.5524,204,1001,007,430,000
Oct 27, 201710.4910.5610.3210.3821,540,1001,015,860,000
Oct 26, 201710.6210.7210.4610.5018,961,9001,028,580,000
Oct 25, 201710.5810.7510.3010.6325,582,6001,024,260,000
Oct 24, 201710.2810.9910.0010.6041,969,800994,988,000
Oct 23, 201710.8210.829.9710.2839,358,2001,046,200,000
Oct 22, 201710.9311.2510.7210.8319,648,6001,057,170,000
Oct 21, 201711.2111.3110.7910.9220,451,4001,083,120,000
Oct 20, 201711.3611.5111.2211.2228,250,9001,097,270,000
Oct 19, 201711.5211.6111.2911.3425,045,4001,112,650,000
Oct 18, 201711.9211.9210.8111.5355,644,8001,151,010,000
Oct 17, 201711.9012.4711.7411.9275,268,9001,148,970,000
Oct 16, 201711.9512.1011.8311.8928,608,5001,153,060,000
Oct 15, 201712.2412.6611.6011.9552,181,8001,180,820,000
Oct 14, 201712.2012.5412.0612.2638,425,1001,176,620,000
Market Quotes by TradingView

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READ  Bitcoin Cash forecast analysis November 11, 2017
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|BITCOINRIPPLEDASHCOIN  |  Ethereum  | LTCUSD newsZCASHEthereum Classic  | BITCOIN CASH  |  Monero  |  

Market Quotes by TradingView

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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Richard Dambrosi (JADTECNIC) Has Been Sharing FOREX INVESTORS ANALYSIS FORECAST since 2011. Editors and Founder of InvestorsBuz.com, has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars, Electric Cars, Medical Marijuana, 3d printing and Cloud computing, Refers to Readers as BUZ INVESTORS.

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