Monero XMR/USD is trading at 217. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Monero. The Ichimoku Kinko Hyo Cloud lower limit test is expected near level 230, from which we expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at level 120. An additional signal in favor of the drop will be a resistance level test, as well as a test of the upper boundary of the bearish channel. Monero forecast & analysis XMR/USD on February 8, 2018 Earlier, a strong…
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.
Ripple XRP/USD is trading at the level of 0.78. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The Ichimoku Kinko Hyo lower limit test is expected near the 0.72 level, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target close to 0.45. An additional signal in favor of the fall of the cryptocurrency will be the test of the upper boundary of the bearish channel. Ripple forecast & analysis XRP/USD on February 8, 2018 Earlier, a strong…
Zcash ZEC/USD is trading at 349. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Zcash. Ichimoku Kinko Hyo Cloud near the 355 level is expected to be tested near the 355 level, from which one should expect a rebound and an attempt to continue the fall with a target below the level of 220. 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 upper boundary of the bearish channel. Zcash forecast…
Bitcoin Cash BCH/USD is trading at the level of 1010. The cryptocurrency is trading 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 1100 level, from which it is expected to attempt a rebound and continue the fall with a target close to 600. An additional signal in favor of the drop of the cryptocurrency will be the test of the upper boundary of the bearish channel, as well as the resistance level test. Bitcoin Cash forecast & analysis on February 8,…
NEO NEO/USD is trading at the level of 113.99. 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 level of 120.00, from which one should expect a rebound and attempt to continue falling with the target near 80.00. An additional signal in favor of the fall of the cryptocurrency will be a test of the upper boundary of the channel, as well as a test of the resistance level. NEO forecast & analysis NEO/USD on February 8, 2018 Earlier,…
Litecoin LTC/USD are traded at 131 and continue to move in a bearish trend. At this point, we should expect a test of the resistance level near 145. Where again we should expect a rebound and the continued decline in the Litecoin exchange rate with a target below 85. In favor of the drop in LTC/USD quotations, a resistance area test will be performed on the relative strength index (RSI). Litecoin forecast & technical analysis February 8, 2018 The cancellation of the fall option will be a strong growth and breakdown of the 175 area, which will indicate the breakdown…
Ripple XRP/USD are traded at the level of 0.73 and continue to move in a downward trend. At the moment, we should expect an attempt to test the resistance area near the level of 0.75 and continue falling to the area below the level of 0.45. In favor of falling quotations XRP/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. Ripple forecast & technical analysis February 8, 2018 Cancellation of the reduction option will be a breakdown at the level of 0.85, which will…
Ethereum ETH/USD are traded at 759 and continue to move in a bearish trend. At this point, we should expect a test of the resistance level near the area of 780. Again, we should expect a rebound and the continued decline in the Ethereum rate with a target below 450. Ethereum forecast & technical analysis February 8, 2018 In favor of falling quotations, ETH/USD will test the resistance line on the relative strength index (RSI), as well as the upper boundary test down channel. The reversal of the fall option will be a strong growth and a breakdown of the…
Bitcoin BTC/USD are traded at the level of 7634 and continue to move within the bearish trend. At this point, we should expect an attempt to test the upper boundary of the descending channel near the level of 7650. Again, we should expect a rebound and an attempt to continue falling Bitcoin with a target below 4900. In favor of falling quotes BTC/USD will test the resistance line on the indicator of relative strength index (RSI). Bitcoin forecast & technical analysis February 8, 2018 The abolition of the Bitcoin reduction option will be a strong growth and breakdown of the…
Currency pair Australian Dollar US Dollar AUD/USD is trading at 0.7884. The pair continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the pair Australian Dollar/US Dollar. Ichimoku Kinko Hyo signal line area test is expected near the 0.7920 level, from which it is expected to attempt a rebound and further development of the bearish trend with a target to falling near the level of 0.7790. Australian Dollar forecast AUD/USD on February 8, 2018 An additional signal in favor of the fall of the pair is the resistance level test. Earlier,…