Bitcoin BTC/USD is trading at 9827. Cryptocurrency continues to move within a downtrend. At the moment, we expect Bitcoin correction to the resistance area at 10250. Further, the rebound and the continuation of the BTC/USD fall below 9000. A strong test for the drop of the cryptocurrency will be the test of level 80 on the Stochastic indicator. Bitcoin (BTC/USD) forecast on February 24, 2018 The cancellation of the Bitcoin drop option will be a breakdown of the upper moving average level and a close above 10600, which will indicate the continued growth of the cryptocurrency and the likely change…
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 9770. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend for Bitcoin. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 10400 level, from which one should expect a rebound and an attempt to continue falling with the target at 8250. An additional signal in favor of the drop will be a resistance level test. Bitcoin forecast & analysis BTC/USD on February 23, 2018 Earlier, a weak signal was received for the sell of Bitcoin cryptocurrency, due to the crossing of signal lines at the level…
Dash DSH/USD is trading at the level of 571. The cryptocurrency is traded below the lower boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. The Ichimoku Kinko Hyo signal line area test is expected near the 625 level, from which it is expected to rebound and attempt to continue falling with a target at level 460. Dash forecast & analysis DSH/USD on February 23, 2018 An additional signal in favor of the drop is the resistance level test. Earlier, a weak signal was received for sell of Dash cryptocurrency, due to the…
Ethereum Classic ETC/USD is traded at the level of 28.09. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in the Ethereum Classic. The Ichimoku Kinko Hyo Cloud upper test is expected near the area at 31.00, from where it will be expected to attempt a rebound and continue falling with a target near the level of 19.60. An additional signal in favor of the fall is the resistance level test. Ethereum Classic forecast & analysis on February 23, 2018 Earlier, a weak signal was received for sell of the Ethereum…
Ethereum ETH/USD is traded at the level of 790. The cryptocurrency is trading 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 near the 845 level, from which one should expect a rebound and an attempt to continue falling of the cryptocurrency with a target at 655. An additional signal in favor of the drop of the cryptocurrency will be a resistance level test. Ethereum forecast & analysis ETH/USD on February 23, 2018 Earlier, a weak signal was received for the…
Litecoin LTC/USD is trading at 181. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Litecoin. Ichimoku Kinko Hyo signal line area test near the 200 level is expected, from which one should expect a rebound and an attempt to continue falling of LTC/USD with a target below the level of 125. An additional signal in favor of the drop of the cryptocurrency will be a test of the resistance level, as well as a test of the lower boundary of the bullish channel. Litecoin forecast & analysis LTC/USD on…
Monero XMR/USD is traded at the level of 268. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend on the Monero. Ichimoku Kinko Hyo Cloud near the level 285 is expected to be tested near the level of 285, whence we should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at the level of 220. An additional signal in favor of the fall will be the test of the lower bound of the «Triangle» model. Monero forecast & analysis XMR/USD on February 23,…
Ripple XRP/USD is trading at 0.86. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The test area of Ichimoku Kinko Hyo signal lines near the level of 0.95 is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target close to 0.65. An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. Ripple forecast & analysis XRP/USD on February 23, 2018 Earlier, we received a weak signal for sell of…
Zcash ZEC/USD is trading at 365. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Zcash. Ichimoku Kinko Hyo signal line area test is near the 395 level, from which it is expected to rebound and attempt to continue falling with a target below the level of 300. An additional signal in favor of the drop of the cryptocurrency will be a test of the support level. Zcash forecast & analysis ZEC/USD on February 23, 2018 Earlier, a weak signal was received for sell of Zcash cryptocurrency, due to the…
Bitcoin Cash BCH/USD is trading at 1200. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. Ichimoku Kinko Hyo signal line area test is near the level of 1300, from which it is expected to attempt a rebound and continue falling with a target below 950. An additional signal in favor of the drop of the cryptocurrency will be a resistance level test. Bitcoin Cash forecast & analysis on February 23, 2018 Earlier, a weak signal was received for sell of the Bitcoin Cash cryptocurrency, due to the…