SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00003888, continues to move within the correction and the downward channel. Moving averages indicate a bullish trend. Prices broke through the area between the signal lines upward, which indicates pressure from buyers of the coin and a potential continuation of growth from the current levels. As part of the SHIB/USD rate forecast, one should not consider an attempt at a bullish correction in the value of a digital asset and a test of the resistance area near the level of 0.00004255. From where…
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.
SOL/USD are trading at 202.92 and continue to move as part of the fall and the bearish channel. Moving averages indicate a short-term bearish trend in Solana. Prices have broken the area between the signal lines upwards, which indicates pressure from buyers of the asset and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a correction in the value of a digital asset and a test of the resistance level near the 205.05 area. Where can we expect a rebound again and the continuation of the fall in the…
BNB/USD are trading at 607.70 and continue to move as part of the correction and the formation of the ”Head and Shoulders” pattern. Moving averages indicate a short-term bullish trend for Binance Coin. Prices went up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a decrease in the value of a digital asset and a test of the resistance level near the 620.05 area. Where can we expect a rebound again and the…
Cardano are trading at 1.57 and continue to move within the fall and the downward channel. Moving averages indicate a short-term bearish trend for Cardano. Prices have broken the area between the signal lines upwards, which indicates pressure from the side of selling the asset and a potential continuation of the decline from the current levels. At the moment, we should expect an attempt to develop a correction in the value of a digital asset and a test of the resistance level near the 1.61 area. Where can we expect a rebound again and a continued decline in the Cardano…
LUNA/USD quotes are traded at 49.18 and continue to move as part of the growth and the formation of the “Head and Shoulders” reversal pattern. Moving averages indicate a short-term bearish trend in Terra. Prices went up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop the growth in the value of a digital asset and a test of the resistance level near the 50.55 area. Where can we expect a rebound down again…
CRO/USD quotes are trading at the level of 0.7381 and continue to move as part of the correction and the formation of the ”Triangle” pattern. Moving averages indicate a short-term bearish trend for Crypto.com Coin. Prices went down from the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop the growth in the value of a digital asset and a test of the resistance level near the 0.7565 area. Where can we expect a…
DOT/USD are trading at 35.55 and continue to move within the correction and the bearish channel. Moving averages indicate a short-term bearish trend for Polkadot. Prices went up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the rise from the current levels. At the moment, we should expect an attempt to develop the growth in the value of a digital asset and a test of the resistance level near the 37.65 area. Where can we expect a rebound down again and the continuation of the fall in the…
Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1263 area. The pair continues to move as part of the fall and working out the large “Head and Shoulders” reversal pattern. Moving averages indicate a bearish trend. Prices went down from the area between the signal lines, which indicates pressure from the sellers of the European currency and the likely continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance area near the level of 1.1345. Where the rebound is expected…
BRENT finish the trading week near the area of $ 76.44 per barrel. And it continues to move within the correction and the bullish channel. Moving averages indicate a bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of raw materials and a potential continuation of the rise. At the moment, we should expect an attempt to develop a downward correction and a test of the support area near the level of 66.25. Then, the rebound and the continuation of the rise in oil to the area above the level of $…
Currency pair Pound Dollar GBP/USD ends the trading week near the 1.3314 area. The pair continues to move within the fall and the downtrend channel. Moving averages indicate a bullish trend. Prices have broken down the area between the signal lines, which indicates pressure from sellers and a potential continuation of the decline in the British Pound against the US Dollar at current levels. At this point, we should expect an attempt to develop a bullish correction and a test of the resistance area near the level of 1.3435. Further, a rebound down and the continuation of the fall in…