Zcash ZEC/USD is trading at the level of 260. 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 of 305, from which one should expect a rebound and attempt to continue falling with the target below level 215. 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 February 6,…
Author: forex24pro
Bitcoin Cash BCH/USD is trading at 911. 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 1050 level, from which it is expected to attempt a rebound and continue the fall with the target near 580. 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 6, 2018 Earlier, a strong signal…
NEO NEO/USD is trading at the level of 82.03. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in NEO. The test area of the Ichimoku Kinko Hyo signal lines near the level of 100.00 is expected, from which one should expect a rebound and an attempt to continue falling with a target near 60.00. 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…
Bitcoin BTC/USD is completing the trading week near the area of 7852. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. The Ichimoku Kinko Hyo signal line area test is expected to test near 8800, from which it is expected to attempt a rebound and continue the development of the bearish trend with a target below the level of 5500. An additional signal in favor of the fall will be the test of the upper boundary of the bearish channel. Bitcoin (BTC/USD) weekly forecast February 5 — 9, 2018…
Dash DSH/USD completes trading week near area 493. 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 level 630 is expected, from which one should expect a rebound and the continuation of bearish trend development with the target near the level of 280. An additional signal in favor of the drop of the cryptocurrency will be a resistance level test. Dash (DSH/USD) weekly forecast February 5 — 9, 2018 Earlier, we received a weak signal for…
Ethereum Classic ETC/USD completes the trading week near the area of 16.81. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. Ichimoku Kinko Hyo signal line area test is near the level of 18.50, from which it is expected to attempt a rebound and further fall with a target near the level of 9.45. Earlier, we received a weak signal for sell of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the level of 31.30. Ethereum Classic forecast February 5 —…
Ethereum ETH/USD is closing the trading week near the area of 797. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Ethereum. The Ichimoku Kinko Hyo cloud is expected to test near the 840 level, from which it is expected to attempt a rebound and continue the fall of the cryptocurrency with a target at 550. An additional signal in favor of the drop of the cryptocurrency will be a test of the resistance level, as well as the formation of the «Head and Shoulders» reversal model. Ethereum (ETH/USD)…
Litecoin LTC/USD completes trading week near area 130. The cryptocurrency is trading below the lower boundary of Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. Ichimoku Kinko Hyo signal line area test near level 145 is expected, from which we should expect a rebound and an attempt to continue falling LTC/USD for a level below 55. An additional signal in favor of the drop of the cryptocurrency will be the test of the upper boundary of the bearish channel. Litecoin (LTC/USD) weekly forecast February 5 — 9, 2018 Earlier, a medium strength signal was received for sell of…
Monero XMR/USD completes trading week near area 201. The cryptocurrency is traded below the lower bound of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Monero. Ichimoku Kinko Hyo signal line area test is near the 245 level, from which it is expected to rebound and continue the development of growth to fall near the level of 145. Monero (XMR/USD) weekly forecast February 5 — 9, 2018 Earlier, a weak signal was received for sell of Monero cryptocurrency, due to crossing of signal lines at 345 level. Cancellation of the option of falling quotations Monero…
Ripple XRP/USD is closing the trading week near the 0.76 area. 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 near the level of 0.35. An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. Ripple (XRP/USD) weekly forecast February 5 — 9, 2018 Earlier, we…