Monero XMR/USD completes trading week near area 91. Cryptocurrency is traded lower bottom Cloud Ichimoku Kinko Hyo, which indicates the presence of a bearish trend for Monero. Expected test lower limit Ichimoku Kinko Hyo indicator Clouds near the level 92, where we can expect rebound and continued development of bearish trends for the target near the level drop 135.
Monero weekly forecast on October 9 — 13, 2017
An additional signal in favor of growth perform uplink test lower limit. Previously, weak signal was obtained for buy cryptocurrency Monero, due to the crossing of the signal lines at 95. Cancellation option Monero quotations will fall breakdown upper limit Clouds Ichimoku Kinko Hyo with closing quotation above field 105 that points to shift bearish trend in favor bullish trend. Expect the acceleration of the fall in quotations XMR/USD stands with the breakdown of the lower bound of the «Triangle» model and the closing below the level of 85.
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