Ethereum ETH/USD are traded at 944 and continue to move in the fall. At this point, we should expect an attempt to test the resistance level near the area of 965. Where again we should expect a rebound and the continued fall of the Ethereum rate with a target below 710. Ethereum forecast & technical analysis February 5, 2018 In favor of falling quotations, ETH/USD will test the resistance line on the relative strength index (RSI), and also the formation of a reversal pattern «Head and Shoulders» on the chart of the indicator. The reversal of the fall option will…
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 are traded at the level of 9200 and continue to move within the bearish trend. At this point, we should expect a test of the resistance area near the level of 9350. Again, we should expect a rebound and an attempt to continue falling Bitcoin with a target below 7000. In favor of falling quotations BTC/USD will test the resistance line on the indicator of relative strength index (RSI), as well as the formation of the reversal model «Head and Shoulders» on the chart of the indicator. Bitcoin forecast & technical analysis February 5, 2018 The abolition of…
Bitcoin BTC/USD is trading at 9190. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. Ichimoku Kinko Hyo signal line area test is near the level of 9250, from which it is expected to rebound and attempt to continue falling with a target at 6500. 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 4, 2018 Earlier, a weak signal was received…
Dash DSH/USD is traded at the level of 604. The cryptocurrency is traded 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 640 level, from which it is expected to rebound and attempt to continue falling with the target at level 385. 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. Dash forecast & analysis DSH/USD on February 4,…
Ethereum Classic ETC/USD is trading at the level of 20.97. 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 near the area of 23.50 is expected, from which it is expected to attempt a rebound and continue falling with the target near the level of 12.70. An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. Ethereum Classic forecast & analysis on February 4, 2018 Earlier, we received a weak…
Ethereum ETH/USD is traded at the level of 955. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in Ethereum. The test area of Ichimoku Kinko Hyo signal lines near the 970 level is expected, from which we should expect a rebound and an attempt to continue falling of the cryptocurrency with a target at 680. 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…
Litecoin LTC/USD is trading at 135. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. Ichimoku Kinko Hyo signal line area test is near the level 145, from which we expect a rebound and an attempt to continue the LTC/USD fall below 70. An additional signal in favor of the drop of the cryptocurrency will be a resistance level test, as well as a test of the upper boundary of the channel. Litecoin forecast & analysis LTC/USD on February 4, 2018 Earlier, we received a weak signal for sell…
Monero XMR/USD is trading at 245. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Monero. Ichimoku Kinko Hyo signal line area test is near the 255 level, from which we expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at level 160. 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 4, 2018 Earlier, a strong…
Ripple XRP/USD is trading at 0.93. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The test area of the 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 0.45. 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. Ripple forecast…
Zcash ZEC/USD is trading at the level of 360. 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 is expected to test near the level 385, from which one should expect a rebound and attempt to continue falling with a target below the level of 250. 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…