Ethereum ETH/USD ends the trading week at the level of 2870 and continues to move as part of the fall and the bullish channel. Moving averages indicate the presence of a bullish trend for ETH/USD. However, prices have broken through the area between the signal lines down, which indicates pressure from cryptocurrency sellers and a potential continuation of the fall already from current levels. At the moment, we should expect an attempt to develop a price increase and test the resistance level near the 3305 area. From where we should again expect a rebound and a continued fall in the…
Author: forex24pro
forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
XRP/USD complete the trading week at 0.6879 and continue to move as part of the decline and left the bullish channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers and a potential continuation of the decline in the cryptocurrency already from current levels. At the moment, we should expect an attempt to develop a bullish correction and test the resistance area near 0.7405. Where can we expect a rebound and a continuation of the fall of the cryptocurrency to the area below the level of 0.2625…
Litecoin LTC/USD ends the trading week at 124.76 and continues to move as part of the fall and left the bullish channel. Moving averages indicate a bearish trend. Prices went down from the area between the signal lines down. This indicates pressure from sellers of the digital asset and a potential continuation of the fall in the Litecoin rate in the current trading week. At the moment, we should expect an attempt to develop a bullish price correction and a test of the resistance area near the level of 155.05. Where can we expect a rebound down again and an…
Bitcoin Cash ends the trading week at 337.48, continues to move as part of the decline and left the bullish channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from the sellers of the coin and a potential continuation of the fall. As part of the BCH/USD rate forecast for the next trading week, we should expect an attempt to correct the value of the digital asset and test the resistance area near the level of 405.05. From where a rebound is expected again and an attempt to…
Silver complete the trading week near the area of 24.43. Quotes continue to move as part of the rise and the downward channel. The potential for the formation of the “Triangle” model remains. Moving averages indicate the presence of a bearish trend for the pair. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the metal and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop a fall in the value of the asset and a test of the support level near…
SHIBA INU ends the trading week at 0.00002579 and continues to move within the fall and the downward price channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from the sellers of the coin and a potential continuation of the fall. As part of the SHIB/USD rate forecast for the next trading week, we should expect an attempt to develop a bullish correction in the value of the digital asset and a test of the resistance area near the level of 0.00003055. From where a rebound down is…
Dogecoin ends the trading week at 0.1537 and continues to move as part of the fall and the downward channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from the sellers of the coin and a potential continuation of the fall. As part of the DOGE/USD rate forecast for the next trading week, we should expect an attempt to develop a slight increase in the value of the digital asset and test the resistance area near the level of 0.1995. From where a rebound down is expected again…
Tesla quotes continue to move within the correction and the upward channel. Moving averages indicate the presence of a short-term bullish trend in TSLA. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of securities and a potential continuation of the fall. At the time of publication of the forecast, the price of Tesla shares is 996.27. As part of the forecast, we should expect an attempt to develop a small price correction and a test of the support level near the area of 945.05. Further, a rebound upwards and the continuation of…
Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and has left the bullish channel. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the areas between the signal lines down, which indicates pressure from sellers of the European currency and a potential continuation of the fall in asset quotes already from current levels. At the time of the publication of the forecast, the EUR/USD exchange rate is 1.1321. As part of the Forex forecast for January 21, 2022, we should expect an attempt to develop a rise in…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and the formation of the “Wedge” reversal pattern. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.3621. Moving averages indicate the presence of a short-term bullish trend. Prices again left the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of the growth of the instrument. At the moment, we should expect an attempt to raise the price of the British Pound against the US Dollar and…