Thursday, 2 August 2018
Crypto TS, 02/08/18
Bitcoin
Over the last trading session, the situation on the market of the first crypto currency has not changed much. Bitcoin found support in the $ 7,390 zone, this is the area where Fibonacci 38.2% expansion level comes in and it is a kind of a strong support. After that, the quotes rose to $ 7700, which seems to be a new resistance. Let's see how the events will develop further.
Trading recommendations-carefull longs in the $ 7390 area
Ethereum
Yesterday ether marked a new local minimum in the zone $ 400. After that, corrective impulses followed and the market recovered to the $ 418- $ 420 zone. Let's see if the bulls can push the market lower the psychological level of $ 400 for one coin, or the bulls will seize the initiative back.
Trade recommendations- out of the market
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