Ethereum ETH/USD is traded at 837. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Ethereum. Ichimoku Kinko Hyo Cloud near the 850 level is expected to be tested near the level of 850, where we expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at 760. An additional signal in favor of the drop of the cryptocurrency will be a test of the «Neckline» of the reversal «Head and Shoulders» model. Ethereum forecast & analysis ETH/USD on March 5, 2018 Earlier, a medium strength signal…
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.
Litecoin LTC/USD is trading at the level of 195. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. Ichimoku Kinko Hyo Cloud near the 200 level is expected to be tested near the 200 level, from which one should expect a rebound and an attempt to continue the LTC/USD fall with the goal below the level of 165. An additional signal in favor of the drop of the cryptocurrency will be the upper bound of the «Triangle» model. Litecoin forecast & analysis LTC/USD on March 5, 2018 Earlier, weak…
Monero XMR/USD is trading at 339. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Monero. The Ichimoku Kinko Hyo signal line area test is expected near the 320 level, from which one should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at 390. An additional signal in favor of the growth of the cryptocurrency will be a test of the lower border of the channel and a test of the support level. Monero forecast & analysis XMR/USD on March 5, 2018…
Ripple XRP/USD is trading at 0.89. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. Ichimoku Kinko Hyo Cloud lower limit test is expected near 0.90, where we expect a rebound and an attempt to continue falling of the cryptocurrency with the target close to 0.75. An additional signal in favor of the fall of the cryptocurrency will be the upper bound of the «Triangle» model. Ripple forecast & analysis XRP/USD on March 5, 2018 Earlier, a strong signal was received for sell of Ripple cryptocurrency, due to the…
Zcash ZEC/USD is trading at the level of 362. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Zcash. Ichimoku Kinko Hyo Cloud near the level 370 is expected to be tested near the level of 370, from which one should expect a rebound and attempt to continue the fall with a target below the level of 305. An additional signal in favor of the drop of the cryptocurrency will come from the upper bound of the «Triangle» model. Zcash forecast & analysis ZEC/USD on March 5, 2018 Earlier,…
Bitcoin Cash BCH/USD is traded at the level of 1244. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in Bitcoin Cash. It is expected to test the resistance area near the level of 1300, from which it is expected to attempt a rebound and continue falling with a target below the level of 1000. An additional signal in favor of the drop of the cryptocurrency will be a resistance level test. Bitcoin Cash forecast & analysis on March 5, 2018 Earlier, a weak signal was received for buy of Bitcoin…
NEO NEO/USD is trading at 124.10. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in NEO. Ichimoku Kinko Hyo Cloud is expected to test near the 127.00 level, from which it is expected to rebound and attempt to continue falling with the target near the level of 100.00. An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. Earlier, we received a weak signal for sell of NEO cryptocurrency, due to the crossing of signal lines at 130.00. NEO forecast & analysis NEO/USD…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.2317 and continues to move within the bullish channel. At the moment, we should expect an attempt to test the support area near the level of 1.2150 and continue growth in the area above 1.2790. EUR/USD weekly forecast on March 5 — 9, 2018 In favor of the EUR/USD growth, the test line will be supported on the indicator of relative strength index (RSI). The cancellation of the growth of the pair’s quotations in the current trading week will be a drop and breakdown at the level…
Quotes of BRENT crude oil close the trading week near the area of $ 64.25 per barrel. It is worth waiting for an attempt to test the resistance area near the level of 65.50 and the continuation of the fall of oil in the area below $ 57.50 per barrel. An additional signal in favor of falling oil quotes will be a test of the resistance line on the indicator of relative strength index (RSI). BRENT crude oil forecast on March 5 — 9, 2018 The cancellation of the variant of falling quotes and prices for BRENT oil in the…
Currency pair Pound Dollar GBP/USD closes the trading week near the area of 1.3768. The pair continues to move within the bullish channel. At this point, we should expect an attempt to test the support area near the level of 1.3650 and continue the growth of quotations in the area above the level of 1.4750. GBP/USD weekly forecast on March 5 — 9, 2018 In favor of the growth of the British Pound, a trend line test will be performed on the relative strength index (RSI), as well as a test of the lower boundary of the bullish channel. Cancellation…