BYC/USD is seen trading above on Friday. The pair is trading in a narrow range between $614.28 and $604.99 for the past six trading sessions (BITSTAMP). It is currently trading at $610.18 at the time of writing.

Ichimoku analysis of daily chart shows:

Tenkan-Sen level: $607.64

Kijun-Sen level: $610.54

Trend reversal level - (100 days MA)-$615

Long-term trend remains to be bullish. The pair is trading slightly above Tenkan-Sen and Kijun-Sen and it should break above 100- day MA for further bullishness.

Major resistance is around $615 (100- day MA) and any break above targets $628 (Sep 28th high). Short-term support is seen at $604.90 (daily Kijun-Sen) and any violation below targets $598 (90- day EMA) $588 (23.6% retracement of $465.28 and $628.98).