Ethereum Classic ETC/USD is trading at the level of 16.96. 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 19.50, 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…
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.
Ethereum ETH/USD is trading at 779. The cryptocurrency is traded 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 cryptocurrency with a target at the level of 520. 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.…
Litecoin LTC/USD is trading at level 130. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Litecoin. Ichimoku Kinko Hyo Cloud near the 140 level is expected to be tested near the level of 140, from which one should expect a rebound and an attempt to continue falling of LTC/USD with a target below the level of 80. An additional signal in favor of the drop of the cryptocurrency will be a resistance level test. Litecoin forecast & analysis LTC/USD on February 9, 2018 Earlier, a strong signal was received…
Monero XMR/USD is trading at the level of 230. The cryptocurrency is traded below the lower boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Monero. Ichimoku Kinko Hyo Cloud near the level 235 is expected to be tested near the level of 235, from which one should expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at 140. 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…
Ripple XRP/USD is trading at the level of 0.72. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The lower limit of Ichimoku Kinko Hyo is expected near the level of 0.80, where we 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 9, 2018 Earlier, a strong signal…
Zcash ZEC/USD is trading at 371. The cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Zcash. Ichimoku Kinko Hyo Cloud is expected to be tested near the 350 level, from which we should expect a rebound and an attempt to continue growth with a target above 475. An additional signal in favor of the growth of the cryptocurrency will be a breakdown of the upper boundary of the bearish channel. Zcash forecast & analysis ZEC/USD on February 9, 2018 Earlier, a weak signal was received for buy of Zcash…
Bitcoin Cash BCH/USD is trading at 1274. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend in Bitcoin Cash. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 1350, from which it is expected to attempt a rebound and continue the fall with a target close to 1000. An additional signal in favor of the drop of the cryptocurrency will be a resistance level test. Bitcoin Cash forecast & analysis on February 9, 2018 Earlier, a weak signal was received for buy of Bitcoin Cash cryptocurrency, due to the…
Litecoin LTC/USD are traded at 143 and continue to move in a bearish trend. At this point, we should expect a test of the resistance level near 160. Again, we should expect a rebound and the continued decline in the Litecoin exchange rate with a target below 80. In favor of the drop in LTC/USD quotations, a resistance line test will be performed on the relative strength index (RSI). Litecoin forecast & technical analysis February 9, 2018 Cancellation of the fall option will be a strong growth and breakdown of the 200 area, which will indicate the breakdown of the…
Ripple XRP/USD are traded at the level of 0.74 and continue to move in the bearish trend. At this point, we should expect an attempt to test the resistance area near the level of 0.85 and continue falling into the area below the level of 0.45. In favor of falling quotations XRP/USD will test the resistance line on the indicator of relative strength index (RSI), as well as test the upper boundary of the bearish channel. Ripple forecast & technical analysis February 9, 2018 The abolition of the decline option will be a breakdown at the level of 0.95, which…
Ethereum ETH/USD are traded at 809 and continue to move in the bearish trend. At this point, we should expect a test of the resistance level near the 950 area. Again, we expect a rebound and the continued decline in the Ethereum rate with a target below the level of 580. In favor of falling quotations, ETH/USD will test the resistance line on the relative strength index (RSI). Ethereum forecast & technical analysis February 9, 2018 Cancellation of the variant of the fall will be a strong growth and breakdown of the level of 970, which will indicate the breakdown…