Thursday, 26 July 2018

Crypto TS. 26/07/18

Posted by FortFS at 13:29 Labels: Crypto , trading signals

Bitcoin

The situation on the bitcoin market remains stable and technically sound - after the upward momentum and the mini rally, quotes reached $ 8400, the nearest significant resistance, from which the market corrected. It is characteristic that the price pullback was insignificant, the quotes dropped into the zone $ 8145, where the bulls moved for new longs. The whole situation indicates a further continuation of growth, and in this sense, it is expedient to accumulate longs in this zone. The next target of the market is located at $ 9700.

Trade recommendations - longs at current levels

Ethereum

The last three trading sessions the ether market is storming the $ 480 mark. It is characteristic that last week the market already took this zone. However, sharp shorts led the price down to the mark of $ 440. Now bulls need to do all the work again. However, the volume seems to be accumulated and the upward surge will be strong. We use pullbacks to accumulate longs.

Trading recommendations - longs with the current price and with the move lower

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