Bitcoin BTC/USD ends the trading week at 6507 and continues to move as part of the formation of the «Triangle» model. At the moment, we should expect an attempt to test the resistance area near the level of 6650. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a potential target below the level of 5200. Bitcoin weekly forecast & analysis October 8 — 12, 2018 In favor of reducing the BTC/USD quotes in the current trading week of October 8 — 12, 2018, a resistance line test on 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.
Bitcoin BTC/USD are trading at 6517 and continue to move within the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $113 726 405 597. At the moment, we can expect an attempt to test the support level near the 6450 area. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target above the 6950 level. Bitcoin forecast & technical analysis October 5, 2018 In favor of the growth of BTC/USD quotes, a test of the trend line on the relative strength index (RSI)…
Ethereum ETH/USD are traded at 221 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $22 954 300 699. At the moment, we can expect an attempt to test the resistance level near the area of 230. Where again we should expect a rebound and the continuation of the fall of the Ethereum rate with a potential target below 175. Ethereum forecast & technical analysis October 5, 2018 An additional signal in favor of the drop in ETH/USD quotes will be a test of the trend line on…
Litecoin LTC/USD traded at 57.99 and continue to move in the ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $3 422 078 393. At the moment, we should expect an attempt to test the resistance level near the area of 62.50. Where can we expect a rebound again and the continuation of the fall of the Litecoin course with the goal below the level of 50.00. Litecoin forecast & technical analysis October 5, 2018 A test of the trend line on the relative strength index (RSI) will be in favor of LTC/USD quotes reduction.…
Ripple XRP/USD are trading at 0.5303 and continue to move as part of the formation of the «Triangle» model. The capitalization of cryptocurrency at the time of the publication of the forecast is $21 296 162 089. At the moment, we can expect an attempt to test the support level near the 0.5150 area and the continued growth of cryptocurrency in the area above the level of 0.7000. Ripple forecast & technical analysis October 5, 2018 In favor of the growth of XRP/USD quotes, a test of the trend line on the relative strength index (RSI) will come out. Cancellation…
Bitcoin Cash BCH/USD are trading at 514 and continue to move in the ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $9 045 532 269. At the moment, we can expect an attempt to test the lower limit of the bullish channel near the area of 495. Where again can we expect a rebound and continued growth of the Bitcoin Cash rate with the goal above the 625 level. Bitcoin Cash forecast & technical analysis October 5, 2018 In favor of the growth of BCH/USD quotes, a test of the trend line on the…
Currency pair Euro Dollar EUR/USD continues to move as part of the decline. At the time of the publication of the forecast, the euro/dollar rate is 1.1492. At the moment, we should expect an attempt to test the upper limit of the bearish channel near the area of 1.1565, where we should expect a rebound and the continuation of the fall of the Euro/Dollar with a potential target below 1.1315. EUR/USD forecast Euro Dollar October 5, 2018 In favor of reducing the EUR/USD quotes, a test of the trend line on the relative strength index (RSI), as well as a…
Currency pair Pound/Dollar GBP/USD continues to move as part of a decline. At the time of the publication of the forecast, the pound to dollar rate is 1.2969. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.3045, from which we should again expect a rebound and a continued decline of the British Pound against the US Dollar. The target of the fall of the currency pair GBP/USD, in the framework of the GBP/USD forecast Pound Dollar October 5, 2018, is the area at 1.2735. GBP/USD forecast Pound Dollar October…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of a strong fall. At the time of the publication of the forecast, the Australian Dollar to US dollar rate is 0.7075. At the moment, we should expect an attempt to test the resistance area near the level of 0.7145 and continue the fall of quotations to the area below the level of 0.6975. AUD/USD forecast Australian Dollar October 5, 2018 A test of the resistance area on the relative strength index (RSI), as well as a rebound from the upper limit of the downward channel,…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move in the ascending channel. At the time of the publication of the forecast, the exchange rate of the US dollar to the Japanese Yen is 114.32. At the moment, we should expect an attempt to test the lower boundary of the channel near the level of 113.65 and continued growth of the USD/JPY pair to the area above the level of 115.65. USD/JPY forecast Japanese Yen October 5, 2018 A test of the support line on the relative strength index (RSI), as well as a rebound…