Friday, 3 August 2018
Crypto TS
Bitcoin
The pressure on the bitcoin market is increasing. Yesterday, зкшсу pushed the mark $ 7390 (38.2% Fibonacci) and designated a new weekly low in the $ 7250 zone. Somewhere in this zone there is another local support, but we already mentioned that the strategic support is located in the $ 6800 zone. The further development of events is difficult to predict, it is obvious that the market is under pressure. However, at the same time, we do not see the total superiority of sellers.
Trading recommendations - out of the market
Ethereum
Yesterday, ether dropped into the strategic minimum zone, area $ 380 zone. The last time the market has touched this zone was in June 2018. It is characteristic that the bulls activated their actions immediately after touching this zone. We can consider this level of support as an opportunity to open long positions with short stints. However, we need to keep in mind that the general situation on the market is negative.
Trading recommendations - out of the market
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