Bitcoin BTC/USD re traded at the level of 8232 and continue to move within the framework of the formation of the bullish «5-0» model. At the moment, we should expect a test of the support level near the area of 7300. Again, we should expect a rebound and an attempt to continue the growth of the Bitcoin exchange rate with a target above the level of 10400 as part of the model’s development. Bitcoin (BTC/USD) technical analysis May 24, 2018 In favor of the growth of quotations BTC/USD will perform a test of the support line on the indicator 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.
Bitcoin BTC/USD is trading at 8238. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. Ichimoku Kinko Hyo Cloud is expected to test near the level of 8350, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at the level of 7500. Bitcoin forecast & analysis BTC/USD May 23, 2018 In favor of falling quotations of the cryptocurrency, the resistance areas will appear, as well as the upper bound of the «Triangle» model. Earlier, a weak signal was…
Ethereum ETH/USD is traded at 682. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. Ichimoku Kinko Hyo Cloud cloud test is expected near the area of 695, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at the level of 600. Ethereum forecast & analysis ETH/USD May 23, 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 LTC/USD is trading at the level of 132. The cryptocurrency is trading below the lower boundary of Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Litecoin. The Ichimoku Kinko Hyo Cloud lower limit test is expected near level 135, from which it is expected to rebound and attempt to continue falling LTC/USD with a target below level 115. Litecoin forecast & analysis LTC/USD May 23, 2018 An additional signal in favor of the fall of the cryptocurrency will be the resistance area test, as well as the upper bound of the «Triangle» model. Earlier, a strong signal…
Ripple XRP/USD is trading at 0.66. The cryptocurrency trading below the cloud base Ichimoku Kinko Hyo, indicating a bearish trend of Ripple. Ichimoku Kinko Hyo Cloud is expected to test near the 0.68 level, from which we expect a rebound and an attempt to continue the fall of the cryptocurrency with the target near the level of 0.55. Ripple forecast & analysis XRP/USD May 23, 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 upper boundary of the bearish channel. Earlier, a…
Bitcoin Cash BCH/USD is trading at 1174. 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 1200 level is expected to be tested near the level of 1200, from which it is expected to attempt a rebound and continue falling of the cryptocurrency with a target below the level of 900. Bitcoin Cash forecast & analysis BCH/USD May 23, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area, as well as…
The currency pair Euro Dollar EUR/USD continues to move within the bearish trend. At the moment, we should expect a test of the upper border of the channel near the level of 1.1870, where we can expect an attempt to rebound and continue the fall of the Euro Dollar with a target below 1.1620. EUR/USD forecast & technical analysis May 23, 2018 In favor of falling quotations EUR/USD will test the bearish trendline on the indicator of relative strength index (RSI). The cancellation of the variant of the Euro/Dollar price decline will result in a strong growth and breakdown at…
Currency pair Pound Dollar GBP/USD continues to move within a bearish trend. At this point, we should expect an attempt to test the resistance level near the area of 1.3555, where again we should expect a rebound and the continuation of the fall of the British Pound against the US Dollar. The target of the fall of the pair GBP/USD is the area below the level of 1.3170. GBP/USD forecast & technical analysis May 23, 2018 In favor of the fall of the pair on Forex will test the resistance line on the indicator of relative strength index (RSI). Cancellation…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the framework of a bullish correction. At the moment, we should expect an attempt to test the resistance area near the level of 0.7620 and the continuation of falling quotations in the area below the level of 0.7345 as part of the start-up of the bearish model of the Wolff Wave. AUD/USD forecast & technical analysis May 23, 2018 In favor of the fall of the pair AUD/USD, a breakdown of the trend line will appear on the indicator of relative strength index (RSI). The cancellation of the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the limits of growth. At this point, we should expect an attempt to test the bottom of the channel near the level of 110.65 and continue the growth of the pair in the area above the level of 112.80. USD/JPY forecast & technical analysis May 23, 2018 In favor of the growth of the pair USD/JPY, a bullish test on the relative strength index (RSI) will perform, as well as a support level test. The cancellation of the growth variant of the Dollar/Yen pair will…