GOLD is trading at 1338. XAU/USD is trading below the lower boundary of the Cloud Ichimoku Kinko Hyo, indicating a bearish trend in GOLD. Ichimoku Kinko Hyo signal line area test near the 1340 level is expected, from which it is expected to rebound and continue the development of a bearish trend in GOLD with a target to falling near the level of 1315. In favor of the fall, the formation of the «Head and Shoulders» reversal pattern is in the making. GOLD prices forecast XAU/USD on February 6, 2018 Previously, a strong signal was received for the sell of…
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 6984. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. Ichimoku Kinko Hyo signal line area test near the 7900 level is expected, from which it is expected to rebound and attempt to continue falling with the target at the level of 5100. 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 6, 2018 Earlier, a weak…
Dash DSH/USD is trading at 434. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Dash. Ichimoku Kinko Hyo signal line area test is near the level 490, from which it is expected to rebound and attempt to continue falling with the target at level 300. An additional signal in favor of the fall will be the test of the upper boundary of the bearish channel. Dash forecast & analysis DSH/USD on February 6, 2018 Earlier, a strong signal was received for sell of Dash cryptocurrency, due to the crossing…
Ethereum Classic ETC/USD is trading at 13.65. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. The test area of Ichimoku Kinko Hyo signal lines near the area of 15.50 is expected, from which it is expected to attempt a rebound and continue falling with the target near the level of 6.50. An additional signal in favor of the fall of the cryptocurrency will be the test of the upper boundary of the bearish channel. Ethereum Classic forecast & analysis on February 6, 2018 Earlier, we…
Ethereum ETH/USD is traded at 687. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. Ichimoku Kinko Hyo signal line area test is near the 800 level, from which we expect a rebound and an attempt to continue the fall of the crypto currency with a target at 490. 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. Ethereum forecast & analysis ETH/USD on February 6,…
Litecoin LTC/USD is trading at level 112. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. Ichimoku Kinko Hyo Cloud near the level 125 is expected to be tested near the level of 125, from which we should expect a rebound and an attempt to continue the decline of LTC/USD with a target below 70. An additional signal in favor of the drop of the cryptocurrency will be a resistance level test. Litecoin forecast & analysis LTC/USD on February 6, 2018 Earlier, a weak signal was received for buy…
Monero XMR/USD is trading at the level of 171. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Monero. Ichimoku Kinko Hyo signal line area test is near the 200 level, from which we expect a rebound and an attempt to continue the fall of the cryptocurrency with a target at level 100. 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 6, 2018 Earlier,…
Ripple XRP/USD is trading at 0.66. 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 0.70 is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target close to 0.35. 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 6, 2018 Earlier, a strong…
Zcash ZEC/USD is trading at the level of 260. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Zcash. Ichimoku Kinko Hyo signal line area test is near the level of 305, from which one should expect a rebound and attempt to continue falling with the target below level 215. 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 & analysis ZEC/USD on February 6,…
Bitcoin Cash BCH/USD is trading at 911. 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 1050 level, from which it is expected to attempt a rebound and continue the fall with the target near 580. An additional signal in favor of the drop of the cryptocurrency will be the test of the upper boundary of the channel, as well as the resistance level test. Bitcoin Cash forecast & analysis on February 6, 2018 Earlier, a strong signal…