Dash DSH/USD is trading at 536. The cryptocurrency is trading below the lower boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. Ichimoku Kinko Hyo’s lower bound is expected near the level of 565, from which we expect a rebound and an attempt to continue the fall with a target at 320. An additional signal in favor of the fall will be a test of the upper boundary of the bearish channel, as well as a resistance level test. Dash forecast & analysis DSH/USD on February 8, 2018 Earlier, a strong signal was…
Author: forex24pro
Ethereum Classic ETC/USD is trading at the level of 16.76. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. The Ichimoku Kinko Hyo lower border test is expected near the area of 18.50, from which it is expected to attempt a rebound and continue falling with the target near the level of 9.50. 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…
Ethereum ETH/USD is trading at 819. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. Ichimoku Kinko Hyo Cloud near the 840 level is expected to be tested near the level of 840, from which we expect a rebound and an attempt to continue the fall of the crypto currency with a target at the level of 520. Ethereum forecast & analysis ETH/USD on February 8, 2018 An additional signal in favor of the drop of the cryptocurrency will be a test of the resistance level, as well as…
Litecoin LTC/USD is trading at level 147. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Litecoin. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 150 level, from which one should expect a rebound and an attempt to continue falling LTC/USD with a target below 95. Litecoin forecast & analysis LTC/USD on February 8, 2018 An additional signal in favor of the drop of the cryptocurrency will be a resistance level test. Earlier, a strong signal was received for sell of Litecoin cryptocurrency, due to the…
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…
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…