Dash DSH/USD is trading at 430 level. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. Ichimoku Kinko Hyo signal line area test is near the 495 level, from which it is expected to rebound and attempt to continue falling with a target at level 260. An additional signal in favor of the drop will be the test of the upper boundary of the downlink, as well as the resistance level test. Dash forecast & analysis DSH/USD on February 7, 2018 Earlier, a strong 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.
Ethereum Classic ETC/USD is trading at 13.79. 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 area of 16.45, from which it is expected to attempt a rebound and continue falling with the target near the level of 7.80. 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. Ethereum Classic forecast…
Ethereum ETH/USD is traded at 693. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. Ichimoku Kinko Hyo signal line area test near the 800 level is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at level 425. 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. Ethereum forecast & analysis ETH/USD on…
Litecoin LTC/USD is trading at the level of 114. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. Ichimoku Kinko Hyo Cloud near the level 120 is expected to be tested near the level of 120, from which one should expect a rebound and an attempt to continue falling of LTC/USD with a target below the level of 65. An additional signal in favor of the drop of the cryptocurrency will be a resistance level test. Litecoin forecast & analysis LTC/USD on February 7, 2018 Earlier, a strong signal…
Monero XMR/USD is trading at the level of 169. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Monero. Ichimoku Kinko Hyo signal line area test is near the 200 level, from which we expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at level 100. 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 7, 2018 Earlier,…
Ripple XRP/USD is trading at 0.67. 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 0.72 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. An additional signal in favor of the fall of the cryptocurrency will be the test of the upper boundary of the descending channel. Ripple forecast & analysis XRP/USD on February 7, 2018 Earlier, a strong…
Zcash ZEC/USD is trading at the level of 301. The cryptocurrency is trading 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 level 315, from which we expect a rebound and an attempt to continue the fall with a goal below the level of 190. 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 & analysis ZEC/USD on…
Bitcoin Cash BCH/USD is trading at 886. 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 1000, from which it is expected to attempt a rebound and continue the fall for a target near 550. An additional signal in favor of the drop of the cryptocurrency will be the test of the upper boundary of the channel, as well as the resistance level test. Bitcoin Cash forecast & analysis on February 7, 2018 Earlier, a strong…
NEM XEM/USD is trading at 0.47. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in NEM. The test area of Ichimoku Kinko Hyo signal lines near the 0.50 level is expected, from which it is expected to rebound and attempt to continue falling with the target close to 0.20. An additional signal in favor of the fall is the resistance level test. NEM forecast & analysis XEM/USD on February 7, 2018 Earlier, a medium strength signal was received for sell of NEM cryptocurrency, due to the crossing of signal lines…
Litecoin LTC/USD are traded at level 100 and continue to move within a bearish trend. At this point, we should expect a test of the resistance level near 125. Again, we should expect a rebound and the continued decline in the Litecoin exchange rate with a target below 55. In favor of the drop in LTC/USD quotations, a resistance line test will be performed on the relative strength index (RSI). Litecoin forecast & technical analysis February 7, 2018 The abolition of the fall option will be a strong growth and breakdown of the 165 area, which will indicate the breakdown…