Tuesday, 7 August 2018

Crypto TS

Posted by Anonymous at 16:06 Labels: ,

Bitcoin fell into the zone of the first real support - $ 6700- $ 6800 zone
The situation in the bitcoin market takes a decisive character. Yesterday, bitcoin market fell into the strategic support zone, it's the zone $6750-$6780. We repeatedly wrote that this is the first real support zone for the bitcoin market after its recent mini rally. From here it would be expedient to open longs with short stops under the support of $ 6700. In general, now on this level depends the development of the medium-term situation for this market. If the level does not keep the market higher, we will see a decline in quotes to the local minimum zone of $ 6,070 and then $ 5,760.
Trading recommendations - longs in the $ 6700- $ 6800 area
Ethereum is held above support $ 390
The ether market fell into the support zone $ 390- $ 395 and is traded above this level for three days. It seems that the market is moving to consolidation in the $ 390- $ 420 zone. A positive moment for the market is that the ether does not intend to go below $ 390. The opening of long positions in this zone is a controversial issue. It is worth waiting for how events will develop.
Trade recommendations- out of the market

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