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…
Author: forex24pro
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…
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,…
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…