BTC/USD are trading at 34369 and continue to move as part of the correction and the formation of a bullish “Wolfe Wave.” Cryptocurrency capitalization at the time of the publication of the forecast is $638,093,437,242. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices are retesting the area between the signal lines , which indicates pressure from the sellers of “Digital Gold” and the potential continuation of the fall in the value of the asset already from the current levels. As part of the cryptocurrency rate forecast for tomorrow, February 2, 2021, we should expect an…
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.
Ethereum are trading at the level of 1328.69 and continue to move as part of the growth and the ascending channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $152,165,047,917. Moving averages indicate a short-term bullish trend for Ethereum. Prices are testing the areas between the signal lines again, which indicates pressure from buyers and a potential rise in the asset value from the current levels. At the moment, we should expect an attempt to correct the value of the coin and test the support level near the area of 1260.05. Where…
LTC/USD are trading at 133.69 and continue to move as part of the correction and the formation of an upward “Wolfe Wave” pattern. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $8,842,524,933. Moving averages indicate a short-term bearish trend for Litecoin. 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 fall 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…
XRP/USD are trading at 0.4050 and continue to move within a strong fall and an upward channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $30,038,207,803. Moving averages indicate a short-term sideways trend in Ripple. 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 in the XRP rate in the market already 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…
Stock index S&P 500 continue to move as part of the fall and the formation of the bullish Wolfe Wave pattern. Moving averages indicate a short-term bearish trend. Prices went down from the area between the signal lines, which indicates pressure from the sellers of the asset and the potential continuation of the fall of the stock index in the market from the current levels. At the time of the publication of the forecast, the index is trading at 3734. At the moment, we should expect an attempt to develop a correction and test the support level near the 3685…
BCH/USD are trading at the level of 414.41 and continue to move as part of the correction and the formation of the “Wedge” reversal pattern. The capitalization of the Bitcoin Cash cryptocurrency at the time of the publication of the forecast is $7,712,970,196. Moving averages indicate a short-term bullish trend for Bitcoin Cash. Prices broke 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 2, 2021, we should expect an attempt to develop…
Apple continue to move within a strong correction and an upward channel. Moving averages indicate a short-term bullish trend for Apple. Broke down the area between the signal lines, which indicates pressure from the sellers of the shares. At the time of publication of the forecast, the share price is 131.83. As part of the forecast, we should expect an attempt to develop a correction and a test of the support level near the area of 125.05. Further, a rebound and continued growth in the value of securities. A potential target of such a movement is the area above the…
Tesla stock continue to move as part of the fall and the formation of the bullish “Wolfe Wave” pattern. Moving averages indicate a short-term bearish trend for Tesla. Prices moved down from the area between the signal lines, which indicates pressure from the sellers of securities. At the time of publication of the forecast, the share price is 793.32. As part of the forecast, we should expect an attempt to develop a correction and test the support level near the area of 775.05. Further, a rebound and continued growth in the value of securities. A potential target of such a…
Netflix stock continue to move within the correction and ascending channel. Moving averages indicate a short-term bullish trend for Netflix. Prices are testing the area between the signal lines, which indicates pressure from buyers of securities. At the time of publication of the forecast, the share price is 532.12. As part of the forecast, we should expect an attempt to develop a correction and test the support level near the 505.00 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 635.00. Netflix Stock…
Nvidia stock continue to move as part of the correction and the formation of the “Triangle” pattern. Moving averages indicate a short-term bullish trend for Nvidia. 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 519.32. As part of the forecast, we should expect an attempt to develop a correction and test the support level near the 500.05 area. Further, a rebound and continued growth in the value of securities. A potential target of such a movement is the area…