Zcash ZEC/USD is trading at 224. Cryptocurrency is trading below the lower bound of the Ichimoku Kinko Hyo Indicator Cloud, indicating a bearish trend for Zcash. Ichimoku Kinko Hyo Cloud is expected to test near the level of 230, from which one should expect a rebound and an attempt to further fall below the level of 185. Zcash prediction & analysis ZEC/USD on October 20, 2017 Earlier, a strong signal was received for sell of Zcash cryptocurrency, by crossing the signal lines at 234. Canceling the variant of Zcash there will be a breakdown of the upper boundary of the…
Author: forex24pro
Ripple XRP/USD is trading at 0.2032. 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 0.2220 is expected, from which it is expected to rebound and drop the cryptocurrency with the target close to 0.1750. Ripple prediction & analysis XRP/USD on October 20, 2017 An additional signal in favor of the fall is the resistance level test. Earlier, we received a weak signal for sell of Ripple cryptocurrency, due to the crossing of signal lines at the…
Monero XMR/USD is trading at level 89. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Monero. Ichimoku Kinko Hyo Cloud is expected to test near the level 90, from which it is expected to rebound and continue falling of the cryptocurrency with the target near the level of 80. Monero prediction & analysis XMR/USD on October 20, 2017 An additional signal in favor of the drop will be a resistance level test. Earlier, we received a weak signal for sell of Monero cryptocurrency, due to the crossing of signal lines…
Litecoin LTC/USD is traded at the level of 60. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Litecoin. Ichimoku Kinko Hyo Cloud near the level 59 is expected to be tested near the level of 59, from which one should expect a rebound and an attempt of LTC/USD growth with a goal above the level of 70. Litecoin forecast & analysis LTC/USD on October 20, 2017 Earlier, a weak signal was received for sell of Litecoin cryptocurrency, due to crossing of signal lines at level 62. Cancellation of the growth…
Ethereum ETH/USD is traded at the level of 296. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in Ethereum. The test of the lower boundary of Ichimoku Kinko Hyo Cloud near the 310 level is expected, from which one should expect a rebound and a fall attempt with a target at the level of 280. An additional signal in favor of the fall of the cryptocurrency will come out of the resistance level. Ethereum prediction & analysis ETH/USD on October 20, 2017 Earlier, a weak signal was…
Ethereum Classic ETC/USD is trading at the level of 11.14. 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 is expected near the level of 11.45, from which it is expected to attempt a rebound and further fall with a target near the level of 9.90. An additional signal in favor of the fall of the cryptocurrency will come from the upper channel test. Ethereum Classic prediction & analysis on October 20, 2017 Earlier, we received a weak…
Dash DSH/USD is traded at level 280. Cryptocurrency is traded at the bottom of the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend for Dash. Ichimoku Kinko Hyo Cloud near the level 295 is expected to be tested near the level, from which one should expect a rebound and the continuation of the development of the bearish trend with a target near the level of 265. An additional signal in favor of the drop of the cryptocurrency will come from the upper channel test. Dash prediction & analysis DSH/USD on October 20, 2017…
Bitcoin BTC/USD is trading at 5706. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Bitcoin. Ichimoku Kinko Hyo Cloud near the 5480 level is expected to be tested near the level of 5480, from which it is expected to attempt a rebound and continue growth with a target above the level of 6350. Bitcoin prediction & analysis BTC/USD on October 20, 2017 An additional signal in favor of the growth of the cryptocurrency is the formation of the «Head and Shoulders» reversal model. Earlier, a weak signal was received for…
The currency pair Euro Dollar EUR/USD continues to move within the framework of a bearish correction. At the moment, we should expect a test level of 1.1820, where again we should expect a rebound and a fall of the pair in the area below the level of 1.1640. EUR/USD prediction & technical analysis on October 20, 2017 In favor of the EUR/USD quotes growth, the «Head and Shoulders» reversal pattern appears on the relative strength indicator (RSI). Cancellation of the variant of growth of quotations of the euro dollar for Forex will be a drop and breakdown at the level…
Currency pair Pound Dollar GBP/USD continues to test the support area near the level of 1.3180. It is expected to rebound and the pair Pound Dollar rise above 1.3310 as part of the completion of the «Head and Shoulders» reversal pattern. In the vicinity of 1.3310, we should again expect a further decline with a potential target at 1.2890. GBP/USD prediction & technical analysis on October 20, 2017 In favor of reducing the pair on Forex, a trend line test will be performed on the indicator of relative strength index (RSI). The reversal of the fall of the pair will…