Zcash ZEC/USD is trading at the level of 357. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Zcash. Ichimoku Kinko Hyo signal line area test is near the 370 level, from which one should expect a rebound and attempt to continue falling with a target below the level of 270. Zcash forecast & analysis ZEC/USD on February 1, 2018 An additional signal in favor of the drop will be a resistance level test. Earlier, a strong signal was received for sell of Zcash cryptocurrency, due to the crossing…
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 Cash BCH/USD is trading at 1485. 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 1550 level, from which it is expected to attempt a rebound and continue falling with the target near 1100. An additional signal in favor of the fall will be the test of the lower bound of the «Triangle» model. Bitcoin Cash forecast & analysis on February 1, 2018 Earlier, a strong signal was received for the sell of Bitcoin Cash cryptocurrency, due…
NEO NEO/USD is trading at the level of 139.59. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in NEO. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 135.00, from which one should expect a rebound and an attempt to continue growth with the target near 170.00. NEO forecast & analysis NEO/USD on February 1, 2018 Earlier, we received a weak signal for sell of NEO cryptocurrency, due to the crossing of signal lines at the level of 150.00. Cancellation of the growth option for…
NEM XEM/USD is trading at the level of 0.75. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in NEM. The test area of the Ichimoku Kinko Hyo signal lines near the 0.80 level is expected, from which we should expect a rebound and an attempt to continue the fall with a target near 0.57. NEM forecast & analysis XEM/USD on February 1, 2018 An additional signal in favor of the fall is the resistance level test. Earlier, a medium strength signal was received for sell of NEM cryptocurrency, due to…
Bitcoin BTC/USD are traded at the level of 9970 and continue to move in the fall. At this point, we should expect a test of the broken «Triangle» pattern near the 10400 level. Again, we expect a rebound and an attempt to continue Bitcoin with a target below 8450. Bitcoin forecast & technical analysis February 1, 2018 In favor of the growth of BTC/USD quotes, a trend line test will be performed on the relative strength index (RSI). The abolition of the Bitcoin reduction option will be a strong growth and a breakdown of the area of 11500, which will…
Ethereum ETH/USD are traded at 1057 and continue to move within the bullish channel. At this point, we should expect an attempt to test the level of 1150. Again, we expect a rebound and the continued decline in the Ethereum rate with a target below 800. In favor of the drop in ETH/USD quotations, a trend line test will be performed on the relative strength index (RSI), as well as the formation of a reversal model «Head and Shoulders». Ethereum forecast & technical analysis February 1, 2018 The cancellation of the fall option will result in strong growth and a…
Ripple XRP/USD are traded at the level of 1.07 and continue to move within the bearish trend. At this point, we should expect an attempt to test the upper border of the channel near the area of 1.15 and continue falling to the area below 0.80. In favor of falling quotations XRP/USD will test the resistance line on the indicator of relative strength index (RSI). Ripple forecast & technical analysis February 1, 2018 The abolition of the reduction option will be a breakdown at level 1.40, which will indicate the breakdown of the upper boundary of the bearish channel and…
Litecoin LTC/USD are traded at level 150 and continue to move within a bearish correction. At this point, we should expect a test of the level of 160. Again, we expect a rebound and the continued decline in the Litecoin exchange rate with a target below 1115. Litecoin forecast & technical analysis February 1, 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 area 180, which will indicate the outflow of quotes…
Brent crude oil is trading at 68.66 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. Ichimoku Kinko Hyo Cloud is expected to test near the level of 69.65, 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 67.00 dollars per barrel. Analysis & forecast Brent Oil on February 1, 2018 Earlier, a weak signal was received for the sell of Brent Oil, due to the crossing of…
GOLD is trading at 1336. XAU/USD is trading above the upper boundary of the Cloud Ichimoku Kinko Hyo, indicating the presence of a bullish trend in GOLD. Ichimoku Kinko Hyo Cloud is expected to test near the 1335 level, from which it is expected to rebound and continue the development of the upward trend in Gold for the target of growth near the level of 1355. Earlier, we received a weak signal for the sell of GOLD, due to tossing of the signal lines at 1348 level. GOLD prices forecast XAU/USD on February 1, 2018 Canceling the growth of GOLD…