Tuesday, 17 July 2018

Crypto TS,17/07/18

Posted by Anonymous at 15:39 Labels: Crypto , trading signals

Bitcoin once again approached the strategic resistance at $ 6,700, the rally ahead

Positive sentiment remains on the bitcoin market, as today the price of the first digital currency once again has approached the strategic resistance $ 6,700. This zone does not allow the market move higher since June 11 and represents a strong resistance. Well this might be a positive factor for the bulls, once this level is broken, the mark will turn into strong support, which will attract even more buyers. This is the third approach of the market to storm this level in the last six weeks. We can only wait for the development of events; a rapid break through this level with a high probability will attract additional volume to the market and may start the medium-term uptrend that is long awaited by the crypto community.

Trading recommendations- longs once $ 6 700 broken

The ethereum has formed a reversal double bottom pattern, waiting for a impulse in the $ 526 zone

After yesterday's strong growth, today the ether has slightly adjusted. However, it trades close to the strategic resistance $ 480. The situation is identical to the picture on the bitcoin chart-the market retain a positive sentiment from the beginning of the week, but instead of the reversal figure "head and shoulders" a reversal pattern "double bottom" was formed. Well, in case of its implementation, we can expect the pair to grow up to $ 526 per coin.

Trading recommendations - buy when passing resistance $ 480

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