Zcash ZEC/USD is trading at the level of 358. The cryptocurrency is trading above the upper limit of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Zcash. The Ichimoku Kinko Hyo signal line area test is expected near the 330 level, from which we should expect a rebound and an attempt to continue the growth of the crypto currency with a target above the 440 level. Zcash forecast & analysis ZEC/USD May 16, 2018 An additional signal in favor of the growth of the cryptocurrency will be a test of the support level, as…
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.
Monero XMR/USD is trading at the level of 204. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Monero. The test of the lower boundary of Ichimoku Kinko Hyo Cloud near level 210 is expected, from which we should expect a rebound and an attempt to continue the growth of the crypto currency with a target at level 160. Monero forecast & analysis XMR/USD May 16, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the upper boundary…
Ethereum Classic ETC/USD is trading at the level of 18.81. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. Ichimoku Kinko Hyo Cloud is expected to test the lower boundary near the area at 19.00, from which it is expected to attempt a rebound and continue the fall with a target near the level of 14.50. Ethereum Classic forecast & analysis May 16, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance level, as well as…
Dash DSH/USD is trading at 426. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend for Dash. Ichimoku Kinko Hyo Cloud is expected to test near the 430 level, from which it is expected to rebound and try to continue falling Dash with a target below the level of 325. Dash forecast & analysis DSH/USD May 16, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area, as well as the upper boundary of the bearish channel. Earlier, we received a…
Bitcoin BTC/USD is trading at 8525. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. The test of the lower boundary of Ichimoku Kinko Hyo Cloud near the level of 8650 is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at 7600 level. Bitcoin forecast & analysis BTC/USD May 16, 2018 In favor of falling quotations, the cryptocurrency will perform a resistance level, as well as a downtrend test. Earlier, we received a weak signal for…
Ethereum ETH/USD is traded at 717. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. The test of the lower boundary of Ichimoku Kinko Hyo Cloud near the area of 725 is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at the level of 560. Ethereum forecast & analysis ETH/USD May 16, 2018 An additional signal in favor of the growth of the cryptocurrency will be the test of the resistance area, as well as the…
Litecoin LTC/USD is trading at 140. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. Ichimoku Kinko Hyo Cloud is expected to test near the level 145, from which one should expect a rebound and an attempt to continue falling LTC/USD with a target below level 110. Litecoin forecast & analysis LTC/USD May 16, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area. Earlier, a weak signal was received for buy of Litecoin cryptocurrency, due to the crossing…
Ripple XRP/USD is trading at 0.71. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Ichimoku Kinko Hyo Cloud is expected to test near the 0.72 level, from which we expect a rebound and an attempt to continue the fall of the cryptocurrency with a target near the level of 0.55. Ripple forecast & analysis XRP/USD May 16, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance level, as well as a test of the lower boundary of the…
Bitcoin Cash BCH/USD is trading at 1381. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud near the level 1450 is expected to be tested, from which it is expected to attempt a rebound and continue falling of the cryptocurrency with a target below the level of 1000. Bitcoin Cash forecast & analysis BCH/USD May 16, 2018 An additional signal in favor of the fall of the cryptocurrency will be a resistance level test, as well as the formation of the «Head and Shoulders»…
The currency pair Euro Dollar EUR/USD continues to move within the bearish trend. At the moment, we should expect a test of the resistance area near the level of 1.1965, where we can expect an attempt to rebound and continue the fall of the Euro/Dollar with a target below 1.1625 level. EUR/USD forecast & technical analysis May 16, 2018 In favor of falling quotations EUR/USD will test the bearish trend line on the indicator of relative strength index (RSI), as well as the upper channel test. The cancellation of the variant of the Euro/Dollar price decline will result in a…