BTC/USD are trading at 16862 and continue to move as part of the development of a bullish correction and a downward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $325,176,002,479. Moving averages indicate a short-term bearish trend for Bitcoin. Prices have broken through the area between the signal lines down, which indicates pressure from the sellers of Digital Gold and a potential continuation of the decline in the value of the asset already from current levels. As part of the cryptocurrency exchange rate forecast for tomorrow, November 16, 2022, we should…
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 are trading at 1266 and continue to move within the correction and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $155,079,971,657. Moving averages indicate the presence of a short-term bearish trend for Ethereum. Prices have gone down from the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of the coin and a test…
XRP/USD are trading at 0.3813 and continue to move as part of the fall and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $19,506,967,740. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the fall in the XRP rate on the market already from current levels. At the moment, we should expect an attempt to develop a bullish correction of the asset…
LTC/USD are trading at 58.51 and continue to move within the correction and left the bullish channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $4,201,872,858. Moving averages indicate the presence of a short-term bullish trend for Litecoin. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of the digital asset and a test of the resistance…
DOGE/USD are trading at 0.0875 and continue to move as part of the correction and the formation of the “Triangle” model. Moving averages indicate a short-term bearish trend for Dogecoin. Prices are again testing the area between the moving averages, which indicates pressure from sellers of the asset and a potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop a correction in the value of the digital asset and a test of the resistance level near the 0.0945 area. Where can we expect a rebound down again and a continuation of…
SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00000925, they continue to move within the correction and the downward channel. Moving averages indicate the presence of a short-term bearish trend for the coin. Prices are again testing the area with signal lines, which indicates pressure from sellers of the coin and a potential continuation of the fall already from current levels. As part of the SHIB/USD rate forecast, it is worth considering an attempt to develop a bullish correction in the value of a digital asset and a test of the…
Currency pair Euro/Dollar EUR/USD continues to move as part of growth and has left the bullish channel. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the European currency and a potential continuation of the growth of asset quotes already from current levels. At the time of the publication of the forecast, the EUR/USD exchange rate is 1.0139. As part of the Forex forecast for November 15, 2022, we should expect an attempt to develop a price correction and…
Currency pair Pound/Dollar GBP/USD continues to move as part of the development of growth and the formation of the bearish “Wolfe Wave” pattern. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.1748. Moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the currency pair and a potential continuation of the growth of the instrument. At the moment, we should expect an attempt to develop a rise in the price of…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in growth and a bullish channel. Moving averages indicate a short-term uptrend. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and a potential continued growth in the value of the instrument already from current levels. At the time of publication of the forecast, the Australian Dollar exchange rate against the US Dollar is 0.6664. At the moment, we should expect an attempt to develop a bullish correction of the pair and a test of the resistance area…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction after a strong fall and left the bullish channel. At the time of publication of the forecast, the US Dollar to the Japanese Yen is 140.72. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the US Dollar and a potential continuation of the fall in prices already from current levels. As part of the forecast for the Japanese Yen on November…