Bitcoin BTC/USD are traded at 6879 and continue to move in bearish trend. At this point, we should expect a test of the resistance level near the area of 7300. Again, we should expect a rebound and an attempt to continue falling Bitcoin with a target below the level of 5700. Bitcoin (BTC/USD) technical analysis April 8, 2018 In favor of falling quotes BTC/USD will test the trend line on the indicator of relative strength index (RSI). The cancellation of the Bitcoin drop option will result in a strong growth and a breakdown of the area of 7700, which will…
Author: forex24pro
Bitcoin BTC/USD is trading at 6578. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. Ichimoku Kinko Hyo Cloud near the area of 6800 is expected, from which we should expect a rebound and an attempt to continue falling with the target at the level of 5700. Bitcoin forecast & analysis BTC/USD April 7, 2018 In favor of falling quotations of the cryptocurrency will test the lower border of the bullish channel. Earlier, a strong signal was received for sell of Bitcoin cryptocurrency, due to the crossing of signal…
Dash DSH/USD is trading at 281. The cryptocurrency is traded below the lower Ichimoku Kinko Hyo Cloud, indicating a bearish trend for Dash. Ichimoku Kinko Hyo’s lower bound is expected near the level 300, from which it is expected to rebound and try to continue falling Dash with a target at 230 level. Dash forecast & analysis DSH/USD April 7, 2018 An additional signal in favor of the drop will be a resistance level test, and a test of the lower boundary of the bullish channel. Earlier, a strong signal was received for sell of Dash cryptocurrency, due to crossing…
Ethereum Classic ETC/USD is trading at 13.06. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Ethereum Classic. A test of the lower boundary of the Ichimoku Kinko Hyo Cloud is expected near the area of 13.80, from which it is expected to attempt a rebound and continue falling with the target near the level of 11.00. Ethereum Classic forecast & analysis April 7, 2018 An additional signal in favor of the fall will be the test of the upper boundary of the bearish channel. Earlier, a strong signal…
Ethereum ETH/USD is traded at the level of 364. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in Ethereum. Ichimoku Kinko Hyo Cloud is expected to test the lower boundary near area 380, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at level 300. Ethereum forecast & analysis ETH/USD April 7, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the lower border of the channel.…
Litecoin LTC/USD is trading at level 113. 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 120, from which it is expected to rebound and try to continue falling LTC/USD with a target below level 90. Litecoin forecast & analysis LTC/USD April 7, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the lower border of the channel. Earlier, a medium strength signal was obtained for sell of Litecoin cryptocurrency,…
Monero XMR/USD is trading at level 157. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Monero. The test of the lower boundary of Ichimoku Kinko Hyo Cloud near the level 165 is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at level 135. Monero forecast & analysis XMR/USD April 7, 2018 An additional signal in favor of the fall of the cryptocurrency will be the test of the upper boundary of the bearish channel. Earlier, a…
Ripple XRP/USD is trading at 0.45. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. A test of the lower Ichimoku Kinko Hyo near the level of 0.47 is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target close to 0.35. Ripple forecast & analysis XRP/USD April 7, 2018 An additional signal in favor of the fall of the cryptocurrency will be the test of the upper boundary of the bearish channel. Earlier, a medium strength signal…
Zcash ZEC/USD is trading at 144. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Zcash. Ichimoku Kinko Hyo Cloud is expected to test near the level 155, from which we should expect a rebound and an attempt to continue growth with a target below level 115. Zcash forecast & analysis ZEC/USD April 7, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the lower border of the channel. Earlier, a strong signal was received for sell of the Zcash cryptocurrency, due…
Bitcoin Cash BCH/USD is traded at the level of 601. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud is expected to test near the 670 level, from which it is expected to attempt a rebound and continue falling with a target below the level of 500. Bitcoin Cash forecast & analysis BCH/USD April 7, 2018 An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. Earlier, a strong signal was received for sell of the Bitcoin…