Bitcoin BTC/USD is trading at 16235. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend in Bitcoin. A support level test is expected near the 16000 area, from which one should expect a rebound and an attempt to continue growth with the target near 19650. An additional signal in favor of the growth of the cryptocurrency will be a test of the lower border of the bullish channel. Bitcoin forecast & analysis BTC/USD on December 22, 2017 Earlier, a weak signal was received for the sell of Bitcoin cryptocurrency, due to the crossing of signal…
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 traded at the level of 3218. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Bitcoin Cash. Ichimoku Kinko Hyo signal line area test is expected near the level of 2850, from which it is expected to attempt a rebound and continue growth with the target close to 4300. Bitcoin Cash forecast & analysis on December 22, 2017 Earlier, a strong signal was received for buy of Bitcoin Cash cryptocurrency due to the crossing of signal lines at 1850 level. The cancellation of…
Bitcoin BTC/USD are traded at 16004 and continue to move within the framework of a bearish correction. At this point, we should expect an attempt to test the lower boundary of the channel near the 16000 area. Again, we expect a rebound and the continued growth of the Bitcoin rate with a target above 19750. Bitcoin BTC/USD forecast on December 22, 2017 In favor of the growth of the BTC/USD quotes, a support line test will be performed on the relative strength index (RSI). Cancellation of the variant of growth will be a drop and breakdown of the area of…
Ethereum ETH/USD traded at 784 and continue to move within the rising channel. At this point, we should expect a downgrade attempt and a support level test near the 750 area. Again, we should expect a rebound and the continued growth of the Ethereum rate with a target above the level of 890. In favor of the growth of the ETH/USD quotes, a support line test will be performed on the relative strength index (RSI). Ethereum ETH/USD forecast on December 22, 2017 Cancellation of the growth option will be the breakdown of the support area and the closure below 670,…
Litecoin LTC/USD traded at 293 and continue to move within the correction. At the moment, we should expect an attempt to lower and test the lower limit of the «Triangle» model near the 280 level. Again, we should expect a rebound and the continued growth of the Litecoin exchange rate with a target above 355. Litecoin LTC/USD forecast on December 22, 2017 In favor of the LTC/USD quotes growth, a support line test will be performed on the relative strength index (RSI). The cancellation of the variant of growth will be the breakdown of the area 240, which will indicate…
Ripple XRP/USD traded at 0.9106 and continue to move within the growth. At the moment, we should expect an attempt to lower and test the upper limit of the «Triangle» model near the level of 0.8150. Where again we should expect a rebound and the continued growth of the Ripple rate with a target above the level of 1.0760. Ripple XRP/USD forecast on December 22, 2017 In favor of the growth of quotations XRP/USD will break the resistance line on the indicator of relative strength index (RSI). Cancellation of the variant of growth will be a breakdown of the area…
Bitcoin Cash BCH/USD are traded at the level of 3238 and continue to move within the framework of growth. At this point, we should expect an attempt to reduce and test the level of support near the area of 2900. Again, we should expect a rebound and the continued growth of the Bitcoin Cash rate with a target above 4250. Bitcoin Cash BCH/USD forecast on December 22, 2017 In favor of the growth of the BCH/USD quotations, a support line test will be performed on the relative strength index (RSI). The cancellation of the variant of growth will be the…
The currency pair Euro Dollar EUR/USD continues to move within the framework of growth. At this point, we should expect an attempt to test the level of 1.1870 and the beginning of the fall of the euro/dollar with a target below 1.1710. EUR/USD forecast & technical analysis on December 21, 2017 In favor of falling quotes EUR/USD will test the resistance line on the indicator of relative strength, as well as the formation of the descending model of «Wolfe Wave». By canceling the variant of the Euro/Dollar price drop, the breakdown will be level 1.1895, which will indicate the breakdown…
Currency pair Pound Dollar GBP/USD continues to move in the bearish channel. At the moment, we should expect the test of the level of 1.3440 and the continuation of the fall of the pair in the area below the level of 1.3245. In favor of the fall of the pair on Forex will test the resistance line on the indicator of relative strength index (RSI). GBP/USD forecast & technical analysis on December 21, 2017 The abolition of the variant of the Pound/Dollar decrease will be a strong growth and breakdown at the level of 1.3510, which will indicate the outflow…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the framework of the formation of the bullish «5-0» model. At this point, we should expect an attempt to rebound and fall of quotations in the area below the level of 0.7560. AUD/USD forecast & technical analysis on December 21, 2017 In favor of the fall of the pair AUD/USD is the formation of the reversal model «Failure Swing» on the indicator of relative strength index (RSI). The cancellation of the drop in the Australian Dollar quotations will result in a strong growth and breakdown at the level…