Thursday, 23 August 2018

Crypto TS. 23/08/18

Posted by Anonymous at 12:49 Labels: Crypto , trading signals

Bitcoin dropped below $ 6500 support

During yesterday's trading session, buyers lost all their achievements when Bitcoin quotes fell below the support $ 6500. It is characteristic that this mark could not provide any support to the market, despite the fact that this zone was a strong resistance for a long time. Thus, the market returned to the position of the beginning of the week, when bitcoin was trading within a narrow range under the $ 6500 mark. The market found support in the $ 6,245 area and is traded in the $ 6400 zone in early European trading. How the events will develop further is not clear, the situation is not certain. In the zone 6000-6240 there is a demand zone. In case of a market decline in this area we can think about opening longs. In the medium term, we expect the quotes to remain within the side channel 6000-6800.

Trading recommendations - out of the market

Ethereum is traded around balance mark $275

Ether also dropped into the lower zone of the sideway medium-term channel $250-$300. The market continues to trade around the middle level of this channel $275. If the market falls to the lower zone ($250), we can think of opening long positions. The midle-term prospect of the market is the trading within the channel 250-300.

Trading recommendations - purchases in zone 25

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