Bitcoin BTC/USD are traded at the level of 7021 and continue to move within the framework of the bullish correction. At this point, we should expect a test of the resistance level near the 7120 area. Again, we should expect a rebound and an attempt to continue the fall of the Bitcoin exchange rate with a target below 6525 level. Bitcoin (BTC/USD) technical analysis August 8, 2018 In favor of lower quotations BTC/USD will test the resistance area on the indicator of relative strength index (RSI). The abolition of the Bitcoin growth option will be the fall and breakdown of…
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 ETH/USD are traded at 406 and continue to move within the limits of the decline. At this point, we should expect a test of the resistance level near the area 415. Where again we should expect a rebound and the continued decline in the Ethereum rate with a target below 365. Ethereum (ETH/USD) technical analysis August 8, 2018 In favor of falling quotes ETH/USD will perform a downtrend test on the indicator of relative strength index (RSI). Canceling the variant of the fall of the cryptocurrency will be a strong growth and breakdown of the level of 425, which…
Litecoin LTC/USD are trading at 74.20 and continue to move in a bearish trend. At this point, we should expect an attempt to test the resistance level near the area of 76.00. Where again we should expect a rebound and the continued decline of the Litecoin exchange rate with a target below 65.00. Litecoin (LTC/USD) technical analysis August 8, 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 abolition of the fall option will be a strong growth and breakdown of the area of…
Ripple XRP/USD traded at 0.3987 and continue to move within a bearish trend. At the moment, we should expect an attempt to test the resistance area near the level of 0.4165 and continue the decline of the cryptocurrency in the area below the level of 0.3645. Ripple (XRP/USD) technical analysis August 8, 2018 In favor of falling quotations XRP/USD will perform a downlink test on the indicator of relative strength index (RSI). Canceling the option to reduce the cryptocurrency is a strong growth and breakdown of the upper border of the channel and the closing of quotes above the level…
Bitcoin BTC/USD is trading at 6917. The cryptocurrency trading below the cloud base Ichimoku Kinko Hyo, indicating a bearish trend of Bitcoin. It is expected the area of the signal lines Ichimoku Kinko Hyo test 7200 near the level where we can expect a rebound attempt and continue cryptocurrency Bitcoin fall for the target at the level of 6150. Bitcoin forecast & analysis BTC/USD August 7, 2018 In favor of lowering the quotations of the BTC/USD cryptocurrency, a resistance level test will perform, as well as a test of the upper boundary of the channel. Earlier, a weak signal was…
Ethereum ETH/USD is trading at 402. 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 level 410 is expected, from which one should expect a rebound and an attempt to continue falling ETH/USD with a target below the level of 365. Ethereum forecast & analysis ETH/USD August 7, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area, as well as a test of the upper boundary of the…
Litecoin LTC/USD is trading at 72.77. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. The test area of Ichimoku Kinko Hyo signal lines is expected near the level of 74.00, from which one should expect a rebound and an attempt to continue falling LTC/USD with a target below 65.00. Litecoin forecast & analysis LTC/USD August 7, 2018 An additional signal in favor of reducing the Litecoin cryptocurrency will be a test of the resistance area, as well as a test of the upper boundary of the bearish channel.…
Ripple XRP/USD is trading at 0.4089. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The Ichimoku Kinko Hyo Cloud lower limit test is expected near 0.4165, from which we should expect a rebound and an attempt to continue the fall of the XRP/USD cryptocurrency with the target close to the level of 0.3700. Ripple forecast & analysis XRP/USD August 7, 2018 An additional signal in favor of reducing the cryptocurrency of XRP/USD will be a test of the resistance area. Earlier, a strong signal was received for sell…
Bitcoin Cash BCH/USD is traded at 687. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. The test area of Ichimoku Kinko Hyo signal lines near the level 720 is expected, 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 610. Bitcoin Cash forecast & analysis BCH/USD August 7, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area, as well as a…
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 rate is 1.1535. At this point, we should expect an attempt to test the resistance level near the area of 1.1600, where we can expect an attempt to rebound and continue the decline of the Euro/Dollar with a target below 1.1405. EUR/USD forecast & technical analysis August 7, 2018 In favor of falling quotes EUR/USD will perform a test of a broken trend line on…