Tuesday, 31 July 2018

Crypto TS,31/07/18

Posted by FortFS at 13:06 Labels: ,


Bitcoin
There is a certain quietness in the bitcoin market. Quotes rested in the $ 8200- $ 8400 area, which is the main resistance zone after the recent mini-rally of the market. At the same time, all local pullbacks are bought out by bulls, which try to keep quotes above $ 8000. The sideway channel was formed with limits $ 8400- $ 7770. Perhaps the market will spend some time in this zone. Our recommendations – longs on pullbacks down to the support zone $ 7770.
Ethereum
In the ether market, the operational situation deteriorated somewhat. Bulls failed to break above $ 480 for five weeks and also did not hold positions in the $ 450 zone. When going down below $ 440, it is worth considering selling with a target in the $ 420 zone

https://www.fortfs.com

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