Litecoin LTC/USD are traded at the level of 55.41 and continue to move within a bearish trend. At this point, we should expect a test of resistance level near the area of 57.00. Where again we should expect a rebound and the continued decline of the Litecoin exchange rate with a target below the level of 45.00. Litecoin (LTC/USD) technical analysis August 16, 2018 In favor of the decline in LTC/USD quotations, a trend line test will be performed on the indicator of relative strength index (RSI). The cancellation of the fall option will result in a strong growth and…
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.
Ripple XRP/USD traded at 0.2707 and continue to move within the bearish. At the moment, we should expect an attempt to test the resistance area near the level of 0.2800 and continue the decline of the cryptocurrency in the area below the level of 0.1650. Ripple (XRP/USD) technical analysis August 16, 2018 In favor of falling quotations XRP/USD will test the trend line on the indicator of relative strength index (RSI). The cancellation of the option to reduce the cryptocurrency will be a strong growth and the closing of quotations above the level of 0.3100, which will indicate a breakdown…
Bitcoin BTC/USD is trading at 6037. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. As part of the forecast of the digital currency exchange rate, Ichimoku Kinko Hyo signal line area test is expected near the level of 6150, from which one should expect a rebound and an attempt to continue the fall of Bitcoin cryptocurrency with a target at 5080. Bitcoin forecast & analysis BTC/USD August 15, 2018 In favor of lowering the quotations of the BTC/USD cryptocurrency, a resistance level test will perform, as well as…
Ethereum ETH/USD is trading at 255. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. The test area of Ichimoku Kinko Hyo signal lines near the 280 level is expected, from which one should expect a rebound and an attempt to continue falling ETH/USD with a target below the level of 185. Ethereum forecast & analysis ETH/USD August 15, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the upper border of the bearish channel, as well as a rebound from…
Litecoin LTC/USD is trading at the level of 50.99. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. As part of the forecast for the digital currency, the Ichimoku Kinko Hyo signal line area test is expected near the 53.00 level, from which one should expect a rebound and an attempt to continue falling LTC/USD with a target below 40.00. Litecoin forecast & analysis LTC/USD August 15, 2018 An additional signal in favor of lowering the Litecoin cryptocurrency will come from a rebound from the upper boundary of the…
Ripple XRP/USD is trading at the level of 0.2478. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. As part of the forecast of the digital currency exchange rate, Ichimoku Kinko Hyo signal line area test is expected near the level of 0.2550, where we expect a rebound and an attempt to continue the fall of the XRP/USD cryptocurrency with the target near the level of 0.1850. Ripple forecast & analysis XRP/USD August 15, 2018 An additional signal in favor of reducing the XRP/USD cryptocurrency will be the test…
Bitcoin Cash BCH/USD is trading at 478. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. As part of the forecast for the digital currency, the Ichimoku Kinko Hyo signal line area test is expected near the 515 level, from which it is expected to attempt a rebound and continue the fall of the BCH/USD cryptocurrency with a target below the level of 360. Bitcoin Cash forecast & analysis BCH/USD August 15, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test…
Currency pair Euro Dollar EUR/USD continues to move within the limits of the decline and the beginning of the «Triangle» model. At the time of publication of the forecast, the Euro to the US Dollar exchange rate is 1.1393. At the moment, we should expect an attempt to test the upper boundary of the bearish channel near the area of 1.1445, where we can expect an attempt to rebound and continue the decline of the Euro/Dollar with a target below 1.1245. EUR/USD forecast & technical analysis August 15, 2018 In favor of falling quotations EUR/USD will test the bearish trend…
Currency pair Pound/Dollar GBP/USD continues to move in the bearish channel. At the time of publication of the forecast, the rate of the British Pound to the US Dollar is 1.2771. At this point, we should expect an attempt to test the resistance area near the level of 1.2825, where again we should expect a rebound and a continued decrease in the British Pound versus the US Dollar. The goal of the fall of the GBP/USD pair is the area below the level of 1.2500. GBP/USD forecast & technical analysis August 15, 2018 In favor of reducing the pair on…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the limits of the decline. At the time of publication of the forecast, the rate of the Australian Dollar against the US Dollar is 0.7254. At the moment, we should expect an attempt to test the resistance area near the level of 0.7295 and continue falling quotations in the area below the level of 0.7190. AUD/USD forecast & technical analysis August 15, 2018 In favor of the fall of the pair AUD/USD will perform a test of the broken trend line on the indicator of relative strength index…