Zcash ZEC/USD is closing the trading week near the area of 299. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Zcash. It is expected to test the area of the signal lines near the 360 level, from which it is expected to rebound and continue the development of a bearish trend in the cryptocurrency with the target near the level of 200. An additional signal in favor of the drop of the cryptocurrency will be a resistance level test. Zcash (ZEC/USD) weekly forecast February 5 — 9, 2018 Earlier,…
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 Cash BCH/USD is completing the trading week near the area of 1062. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Bitcoin Cash. In the current trading week, the Ichimoku Kinko Hyo signal line area is expected to test near 1350, from which it is expected to attempt a rebound and continue to develop a bearish trend with a target below the level of 500. Bitcoin Cash weekly forecast February 5 — 9, 2018 Earlier, a medium strength signal was obtained for sell of Bitcoin Cash cryptocurrency, by…
Litecoin LTC/USD are traded at 132 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 of the Litecoin with a target below 80. Litecoin forecast & technical analysis February 6, 2018 In favor of the drop in LTC/USD quotations, a resistance line test will be performed on the relative strength index (RSI). The abolition of the fall option will be a strong growth and breakdown of the 175 area, which will indicate the breakdown of the…
Ripple XRP/USD are traded at the level of 0.77 and continue to move in a bearish trend. At this point, we should expect an attempt to test the resistance area near the 0.90 level and continue falling to the area below the level of 0.40. Ripple forecast & technical analysis February 6, 2018 In favor of falling quotations XRP/USD will test the resistance line on the indicator of relative strength index (RSI). The abolition of the reduction option will be breakdown at the level of 1.20, which will indicate the breakdown of the resistance area and the continued growth of…
Ethereum ETH/USD are traded at 795 and continue to move within the fall. At this point, we should expect a test of the resistance level near the area of 860. Again, we should expect a rebound and the continuation of the fall of the Ethereum rate with a target below 600. Ethereum forecast & technical analysis February 6, 2018 In favor of falling quotations, ETH/USD will test the resistance line on the indicator of relative strength. The abolition of the fall option will be a strong growth and breakdown of the level of 950, which will indicate a breakdown of…
Bitcoin BTC/USD are traded at 7872 and continue to move in a bearish trend. At this point, we should expect an attempt to test the upper boundary of the bearish channel near the level of 8350. Again, we should expect a rebound and an attempt to continue falling Bitcoin with a target below 6100. In favor of falling quotations, BTC/USD will test the resistance line on the indicator of relative strength index (RSI). Bitcoin forecast & technical analysis February 6, 2018 The abolition of the Bitcoin reduction option will be a strong growth and breakdown of the area 9850, which…
Bitcoin BTC/USD is trading at 8567. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. Ichimoku Kinko Hyo signal line area test near the 9050 level is expected, from which it is expected to rebound and attempt to continue falling with a target at 6800. An additional signal in favor of the drop will be a test of the resistance level, as well as a test of the upper boundary of the bearish channel. Bitcoin forecast & analysis BTC/USD on February 5, 2018 Earlier, a weak signal was received…
Dash DSH/USD is trading at the level of 547. 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 near the 600 level is expected, from which it is expected to rebound and attempt to continue falling with a target at 340. 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. Dash forecast & analysis DSH/USD on February 5, 2018 Earlier,…
Ethereum Classic ETC/USD is trading at 18.49. 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 the Ichimoku Kinko Hyo signal lines is expected near the area of 20.00, from which it is expected to attempt a rebound and continue falling with the target near the level of 10.50. An additional signal in favor of the fall 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…
Ethereum ETH/USD is trading at 861. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Ethereum. Ichimoku Kinko Hyo signal line area test is near the 900 level, from which we expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at 640. 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 forecast & analysis ETH/USD on February 5, 2018…