Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of growth. At this point, we should expect an attempt to test the support area near the level of 57.30 and continue the growth of the pair in the area above the level of 58.30. USD/RUB forecast & technical analysis March 20, 2018 In favor of the growth of the pair USD/RUB, an uptrend line test will be performed on the indicator of relative strength index (RSI). Canceling the growth of the pair USD/RUB on Forex will be a fall and breakdown of the level of 56.70…
Author: forex24pro
Litecoin LTC/USD are traded at 153 and continue to move in a bearish trend. At this point, we should expect a test of the support level test near the area of 145. Where again we should expect a rebound and the continued growth of the Litecoin exchange rate with a target above the level of 200, within the beginning of the development of the bullish «Wolfe Wave» model. Litecoin (LTC/USD) technical analysis on March 20, 2018 In favor of LTC/USD quotes growth, a support line test will be performed on the relative strength index (RSI). The abolition of the growth…
Ripple XRP/USD traded at 0.63 and continue to move in a bearish trend. At the moment, we should expect an attempt to test the support area near the level of 0.60 and continue the growth of the cryptocurrency in the area above 0.80. Ripple (XRP/USD) technical analysis on March 20, 2018 In favor of the growth of quotations XRP/USD is the formation of the reversal model «Head and Shoulders», as well as a trend line test on the indicator of relative strength index (RSI). Cancellation of the growth option will be a breakdown of the support level and a close…
Ethereum ETH/USD are traded at 543 and continue to move within a bearish trend. At this point, we should expect a test of the resistance level near the area of 570. Again, we expect a rebound and the continued decline in the Ethereum rate with a target below the level of 350. Ethereum (ETH/USD) technical analysis on March 20, 2018 In favor of falling quotations ETH/USD will test the resistance line on the indicator of relative strength index (RSI), as well as test the upper boundary of the bearish channel. The cancellation of the fall option will result in a…
Bitcoin BTC/USD are traded at 8261 and continue to move in a bearish trend. At this point, we should expect a test of the support area near the 7400 level. Again, we should expect a rebound and an attempt to start Bitcoin growth with a target above the level of 10000, as part of the development of the bullish model «Wolfe Wave». Bitcoin (BTC/USD) technical analysis on March 20, 2018 In favor of the growth of quotations BTC/USD will test the trend line on the indicator of relative strength. Abolishing the growth of Bitcoin decrease will be a strong drop…
Bitcoin BTC/USD completes the trading week near the area of 7359. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Bitcoin. The test area of Ichimoku Kinko Hyo signal lines near 8900 is expected, from which it is expected to attempt a rebound and continue the development of the fall with a target below the 4500 level. Bitcoin (BTC/USD) forecast on March 19 — 23, 2018 An additional signal in favor of the drop will be a test of the upper boundary of the channel, as well as a…
Dash DSH/USD completes trading week near area 323. The cryptocurrency is traded below the lower boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. The test area of Ichimoku Kinko Hyo signal lines near the level 440 is expected, from which one should expect a rebound and continue the development of a bearish trend with a target near the level of 150. Dash (DSH/USD) forecast on March 19 — 23, 2018 An additional signal in favor of the fall of the cryptocurrency will be the test of the upper boundary of the bearish…
Ethereum Classic ETC/USD completes the trading week near the area of 12.22. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. The test area of Ichimoku Kinko Hyo signal lines is expected near the level of 18.00, from which it is expected to attempt a rebound and further fall of quotations with a target near the level of 5.50. Ethereum Classic forecast on March 19 — 23, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance…
Ethereum ETH/USD is closing the trading week near the 468 area. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. The test area of the Ichimoku Kinko Hyo signal lines near the level of 580 is expected, from which it is expected to attempt a rebound and continue the fall of the cryptocurrency with a target at 175. Ethereum (ETH/USD) forecast on March 19 — 23, 2018 An additional signal in favor of the fall of the crypto currency will be a test of the resistance level, as well…
Litecoin LTC/USD completes the trading week near area 129. The cryptocurrency is trading below the lower Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Litecoin. The test area of the Ichimoku Kinko Hyo signal lines near level 160 is expected, from which we should expect a rebound and an attempt to continue falling LTC/USD with a target below level 75. Litecoin (LTC/USD) forecast on March 19 — 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…