Monero XMR/USD finalizes the trading week near the area of 96. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend for Monero. Will test the area of the signal lines Ichimoku Kinko Hyo indicator near the region 75, where we can expect a rebound and continued development bullish trend with the target level near 115.
Monero weekly forecast on August 28 — September 1, 2017
Previously received a weak signal for buying cryptocurrency Monero, due to the crossing of the signal lines at the level of 42. Cancellation option growth Quotes Monero will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations below area 55, which indicates a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations XMR/USD stands with a breakdown of the local maximum level with a close above the level of 100.
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