BCH/USD are trading at 426.16 and continue to move as part of the correction and the ascending channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $7,936,354,844. Moving averages indicate a short-term bullish trend for Bitcoin Cash. Prices broke through the area between the signal lines upward, which indicates pressure from buyers of the asset and a potential continuation of the rise from the current levels. As part of the cryptocurrency rate forecast for February 5, 2021, we should expect an attempt to develop an asset price correction and test the support level near…
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.
GME continue to move within the fall. Moving averages indicate a short-term bullish trend in GameStop. However, prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the securities. At the time of publication of the forecast, the share price is 72.27. As part of the forecast for the value of GME shares, we should consider an attempt to develop growth and test the resistance level near the 91.05 area. Further, the rebound and the continuation of the fall in the value of securities. The potential target of such a movement is the…
AMC continue to move as part of the correction and the formation of the “Wedge” model. Moving averages indicate a short-term bearish trend in the AMC. Prices were able to bounce off the area between the signal lines, which indicates pressure from the sellers of the securities. At the time of publication of the forecast, the share price is 7.81. As part of the forecast, we should expect an attempt to develop a correction and test the support level near the 5.55 area. Further, a rebound and continued growth in the value of securities. A potential target of such a…
Tesla stock continue to move as part of the growth and the formation of an inverted ”Head and Shoulders” pattern. Moving averages indicate a short-term bullish trend for Tesla. Prices are testing the area between the signal lines again, which indicates pressure from buyers of securities. At the time of publication of the forecast, the share price is 854.78. As part of the forecast, we should expect an attempt to develop a correction and test the support level near the 805.05 area. Further, a rebound and continued growth in the value of securities. A potential target of such a movement…
Cardano are trading at 0.4314 and continue to move as part of the correction and the formation of the “Triangle” pattern. The capitalization of the Cardano cryptocurrency at the time of the publication of the forecast is $13,409,878,898. Moving averages indicate a short-term bullish trend for Cardano. 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 from the current levels. As part of the cryptocurrency rate forecast for February 5, 2021, we should expect an attempt to develop an asset price correction and test…
Chainlink are traded at 23.95 and continue to move as part of the correction and the ascending channel. Chainlink cryptocurrency capitalization at the time of the publication of the forecast is $9,678,783,608. Moving averages indicate a short-term bullish trend in Chainlink. However, prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the asset and a potential continuation of the fall from the current levels. As part of the cryptocurrency rate forecast for February 5, 2021, we should expect an attempt to develop an asset price correction and test the support level near…
Apple continue to move within the correction and the upward channel. Moving averages indicate a short-term bullish trend for Apple. Prices are retesting the area between the signal lines, which indicates pressure from stock buyers. At the time of publication of the forecast, the share price is 134.00. As part of the forecast, we should expect an attempt to develop a correction and a test of the support level near the 130.55 area. Further, a rebound and continued growth in the value of securities. A potential target of such a movement is the area above the level of 155.05. Apple…
Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices went down from the area between the signal lines, which indicates pressure from the sellers of the European currency and a potential continuation of the fall in quotations from the current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.2014. As part of the Forex forecast for February 4, 2021, we should expect an attempt to develop growth and test the resistance level, which is located…
Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and the beginning of the development of the “Wedge” reversal pattern. At the time of the publication of the forecast, the Pound/Dollar rate on Forex is 1.3677. Moving averages indicate a short-term sideways trend. Prices went down from the area between the signal lines, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall of the instrument. At the moment, we should expect an attempt to grow the British Pound against the US Dollar and test the resistance area near the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the downward channel. Moving averages indicate a short-term bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of the growth in the value of the instrument from the current levels. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7618. At the moment, we should expect an attempt to develop growth and test the resistance area…