Ethereum are trading at 4324 and continue to move within the growth and bullish channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $514,339,883,990. Moving averages indicate a short-term bullish trend for Ethereum. Prices went up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the rise in the value of the asset from the current levels. At the moment, we should expect an attempt to develop a correction in the value of the coin and a test of the support level near 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 are trading at 1.0937 and continue to move as part of the correction and the bullish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $ 51,542,362,370. Moving averages indicate a short-term bullish trend for Ripple. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the XRP rate drop in the market from the current levels. At the moment, we should expect an attempt to develop an asset correction and a test of the support level…
Stock index S&P 500 continue to move within the framework of strong growth and a bullish channel. Moving averages indicate a short-term bullish trend. Prices broke up the area between the signal lines upward, which indicates pressure from the buyers of the asset and a potential continuation of the rise of the stock exchange index in the market already from the current levels. At the time of the publication of the forecast, the index is trading at 4615. At the moment, we should expect an attempt to develop a fall and test the support level near the 4505 area. Where…
LTC/USD are traded at 193.35 and continue to move within the correction and the bearish channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $13,300,612,772. Moving averages indicate a short-term bullish trend for Litecoin. Prices are again pushing 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 correction in the value of a digital asset and a test of the support level near the area of…
DOGE/USD are traded at 0.2738 and continue to move within the correction and the bullish channel. Moving averages indicate a short-term bullish trend for Dogecoin. Prices are again testing 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 correction in the value of a digital asset and a test of the support level near the 0.2655 area. Where can we expect a rebound again and continued growth in the Dogecoin rate with a potential…
SHIBA INU ends the trading week at 0.00007173 and continues to move within the correction and the bullish channel. Moving averages indicate a bullish trend. Prices broke the area between the signal lines upward, which indicates pressure from buyers of the coin and a potential continuation of the rise. As part of the SHIB/USD rate forecast, one should not consider an attempt to develop a correction in the value of a digital asset and a test of the support area near the level of 0.0000600. From where a rebound is expected again and an attempt to raise the SHIBA INU…
Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1672 area. The pair continues to move as part of the fall and the beginning of the development of 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 1.1775. Where…
BRENT finish the trading week near the area of $ 83.85 per barrel. And it continues to move within the framework of the rise and the bullish channel. Moving averages indicate a bullish trend. Prices moved up from 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 76.15. Then, a rebound and continued rise in oil to the area above the level of $…
Currency pair Pound Dollar GBP/USD ends the trading week near the 1.3794 area. The pair continues to move within the correction and the downward channel. Prices have broken the area between the signal lines upward, which indicates pressure from buyers and a potential continuation of the rise in the British Pound against the US Dollar at current levels. At this point, we should expect an attempt to reduce and test the support area near the level of 1.3455. Further, an upward rebound and the beginning of the rise in the Pound/Dollar quotes to the area above the level of 1.4265.…
Currency pair US Dollar to Russian Ruble USD/RUB ends the trading week near the level of 70.58 Rubles per US Dollar. The pair continues to move as part of the correction and the beginning of the ”Triangle” pattern. Moving averages indicate a downtrend. The prices broke through the area between the signal lines downward, which indicates pressure from the US Dollar sellers and the likely continuation of the pair’s fall from these levels. In the current trading week November 1 — 5, 2021 we should expect an attempt to develop a correction and test the resistance area near the level…