LTC/USD are traded at 157.50 and continue to move as part of the correction and the beginning of the “Triangle” pattern. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $9,857,828,924. Moving averages indicate a short-term bullish trend for Litecoin. Prices are 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. 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…
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 0.3853 and continue to move as part of the correction and the formation of the “Triangle” pattern. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $17,666,603,577. Moving averages indicate a short-term sideways trend in Ripple. Prices are testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the XRP rise in the market from current levels. At the moment, we should expect an attempt to develop a downward correction of the asset and a test of the support level near the…
Stock index S&P 500 continue to move as part of the correction and the formation of the “Triangle” model. Moving averages indicate a short-term bullish trend. Prices broke up the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the growth of the stock exchange index in the market from the current levels. At the time of the publication of the forecast, the index is trading at 3831. At the moment, we should expect an attempt to develop a correction and test the support level near the 3795 area. Where can…
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…
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…