Monday, 16 July 2018
Crypto TS
Bitcoin displays a positive start of the trading week
The third week in a row, the crypto currency market opens with a growth. We do not forget that the crypto currencies are traded at the weekend. So it is on Sunday's trading that capitalization rised and prices ganed. It is interesting fact that markets start the trading like this third week in a row. Bitcoin strengthened in the $ 6430 zone, which is the former support, and now the level of resistance. The breakthrough of this level will send the price upprt for testing the main resistance - the $ 6770 zone.
Trading recommendations – once breaking through $ 6400 we will go long
Ethereum - support for 430 proved its strength, positive signal
The trading situation on the ether chart has becomes more and more interesting. The second digital currency also positively starts the day. It is important that the support level of $ 430 has not been broken, and this is a very positive signal. The current upward impulse looks promising. Support in the $ 440 area. The strategic resistance is all the same, this is the $ 480 zone.
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