Thursday, 6 September 2018

Crypto TS

Posted by Olga Gorinina at 14:20

Bitcoin dropped into the $ 6,300 zone, good conditions for longs
A sharp drop in the bitcoin market led quotes to the first support zone around $ 6,700. However, this level also could not resist, the market moved lower and the price could stop only in the $ 6310 zone. Thus, during the last decline, the market returned to the lower border of the sideway channel $ 6780- $ 6000. The market unloaded overbought, and the proximity of $6000 strategic zone creates the conditions for the safe middle-term longs.
Trading recommendations - longs at current levels and around $ 6000
Ethereum has fallen to the year lows
Ether market fell much more than the market of the first crypto currency. Yesterday, the ether price dropped to the zone of 200 for one coin. These are the minimums of September 2017. Despite the strong decline, the market created unique conditions for opening medium-term longs.
Trade recommendations- longs in the current zone

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