LTC/USD are trading at 107.95 and continue to move as part of the fall and the downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $7,539,776,939. Moving averages indicate a short-term bearish trend for Litecoin. Prices have gone down from the area between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the fall already from current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of the digital asset and a test of 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.
DOGE/USD are trading at 0.1361 and continue to move as part of the correction and the formation of the “Triangle” model. Moving averages indicate a short-term bullish trend for Dogecoin. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop an increase in the value of a digital asset and a test of the resistance level near the 0.1415 area. Where can we expect a rebound down again and a continuation…
SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00002055, they continue to move as part of the correction and the formation of the “Triangle” model. Moving averages indicate the presence of a short-term bullish trend for the coin. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the coin and a potential continuation of growth already from current levels. As part of the SHIB/USD rate forecast, it is not worth considering an attempt to develop a rise in the value of a digital asset…
Cardano are trading at 1.03 and continue to move as part of the fall and the downward channel. The moving averages indicate a short-term bullish trend for Cardano. Prices are again testing the area between the signal lines, which indicates pressure from selling the asset and a potential continuation of the decline already from current levels. At the moment, we should expect an attempt to develop a correction in the value of the digital asset and a test of the resistance level near the 1.10 area. Where should we expect a rebound again and a continuation of the decline in…
LUNA/USD are trading at 49.18 and continue to move as part of the fall and the downward channel. The moving averages indicate a short-term bullish trend for Terra. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop an increase in the value of a digital asset and a test of the resistance level near the area of 51.65. Where can we expect a rebound down again and a continuation of the…
SOL/USD are trading at 96.63 and continue to move within the correction and the bearish channel. Moving averages indicate the presence of a short-term bullish trend for Solana. Prices are testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop a rise in the value of the digital asset and a test of the resistance level near the 100.05 area. Where can we expect a rebound again and a continuation of the fall of the…
DOT/USD are trading at 18.32 and continue to move within the correction and the bearish channel. The moving averages indicate a short-term bullish trend for Polkadot. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the rise already from current levels. At the moment, we should expect an attempt to develop an increase in the value of a digital asset and a test of the resistance level near the 20.05 area. Where can we expect a rebound down again and a continuation of the fall of…
Currency pair Euro/Dollar EUR/USD continues to move as part of a strong bullish correction and a bearish channel. There is a potential to complete the formation of the descending “5-0” pattern, within which, after a test of the level of 1.1345, prices should bounce down. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, 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,…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and the downward channel. However, the risks of forming an inverted “Head and Shoulders” reversal pattern on higher timeframes remain. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.3546. Moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines up, 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…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the correction and the downward channel. Moving averages indicate the presence of a short-term bearish trend. Prices have gone down from the area between the signal lines, which indicates pressure from sellers of the currency pair and a potential continuation of the fall in the value of the instrument already from current levels. At the time of the publication of the forecast, the Australian Dollar exchange rate against the US Dollar is 0.7148. At the moment, we should expect an attempt to continue the development of the pair’s…