Litecoin LTC/USD is trading at 55. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Litecoin. The Ichimoku Kinko Hyo Cloud upper limit test is expected near level 54, from which one should expect a rebound and an attempt at LTC/USD growth with a target above the level of 60. An additional signal in favor of the growth of the cryptocurrency will be a support level test. Litecoin forecast & analysis LTC/USD on October 19, 2017 Earlier, a weak signal was received for sell of Litecoin cryptocurrency, due to crossing 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.
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 downward trend in Ethereum. The test area of the Ichimoku Kinko Hyo signal lines near level 310 is expected, from which we should expect a rebound and a fall attempt with a target at 270. An additional signal in favor of the drop of the cryptocurrency will be the resistance level. Ethereum prediction & analysis ETH/USD on October 19, 2017 Earlier, a weak signal was received for the sell of the Ethereum…
Ethereum Classic ETC/USD is trading at 11.96. 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 10.20. Ethereum Classic prediction & analysis on October 19, 2017 An additional signal in favor of the fall of the cryptocurrency will be a resistance level test. Earlier, we received a weak signal for sell of…
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 is expected to test near the level of 290, from which it is expected to rebound and continue the development of the bearish trend with a target near the level of 255. Dash prediction & analysis DSH/USD on October 19, 2017 Earlier, a weak signal was obtained for sell of Dash cryptocurrency, by crossing signal lines at level 302. Canceling the variant of falling…
Bitcoin BTC/USD is trading at 5252. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend in Bitcoin. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 5475, from which it is expected to attempt a rebound and continue falling with a target below the level of 5100. An additional signal in favor of the drop of the cryptocurrency will be a test of the lower resistance level. Earlier, a weak signal was received for the sell of Bitcoin cryptocurrency due to the crossing of signal lines at 5600. Bitcoin prediction…
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 of the broken channel’s upward channel and continuation of the fall of the pair below the level of 1.1650, within the framework of the beginning of the development of the «Head and Shoulders» reversal model. EUR/USD prediction & technical analysis on October 19, 2017 In favor of falling quotes EUR/USD is the breakdown of the upward trend line on the indicator of relative strength index (RSI). Cancellation of the variant of the fall of quotations of…
Currency pair Pound Dollar GBP/USD demonstrates declines and is currently testing the area of 1.3167. 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 19, 2017 In favor of reducing the pair on Forex is the breakdown of the trend line on the indicator of relative strength index (RSI). The reversal of the fall of the pair will be…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the limits of the decline. At the moment the pair is testing the area of 0.7821, we should expect a rebound attempt and growth above the level of 0.7910 as part of the formation of the bearish wave model of Wolfe. AUD/USD prediction & technical analysis on October 19, 2017 Again, from the level of 0.7910, we should expect a further fall. In favor of reducing the pair, a resistance area test will be performed on the relative strength indicator (RSI). The cancellation of the drop in the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY are traded within the framework of the bullish model «5-0». At this point, we should expect an attempt to rebound and fall into the region of the lower boundary of the channel near the area of 111.15. USD/JPY prediction & technical analysis on October 19, 2017 In favor of the fall of the pair is a test of the resistance level on the indicator of relative strength index (RSI). Whence again it is necessary to expect the continuation of growth in the region above 114.00. The cancellation of the…
Quotes of BRENT crude oil continue to trade as part of the growth. At the moment, you should expect a test level of 58 and continue falling into the area below the level of $ 55 per barrel. In favor of falling quotes and oil prices BRENT will test the resistance area on the indicator of relative strength index (RSI). Brent prediction & technical analysis on October 19, 2017 Expect to accelerate the fall of quotations is with a breakdown of $ 54 per barrel, which indicates the completion of the formation of the reversal model «Double Top». The abolition…