Brent crude oil is trading at 65.74 dollars per barrel. Brent oil is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Oil. The test area of the Ichimoku Kinko Hyo signal lines is expected near the level of 66.60, from which one should expect a rebound attempt and continue the development of a bearish trend with a target to falling near the level of 63.70 dollars per barrel. An additional signal in favor of the fall will be a test of the lower boundary of the bearish channel. Analysis &…
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 is trading at 8269. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. Ichimoku Kinko Hyo Cloud near the 8600 level is expected to be tested near the level of 8600, from which we expect a rebound and an attempt to continue falling with the target at 6100. 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 8, 2018 Earlier,…
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…
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,…