Friday, 9 November 2018
Crypto TS
Bitcoin demonstrates increased trading activity
The current week is distinguished by increased trading activity in this market, taking into account the three-week prior consolidation, when quotes traded within the 200-dollar range. On Wednesday, bitcoin showed a positive trading session and gained some ground. Quotes came close to the zone of important resistance - the area around $ 6,500. $ 6,500 zone is a strong resistance area, overcoming this area will open the way for further growth up to the $ 6,700 strategic resistance zone. Market support is located in the $ 6300 zone.
Trading recommendations - longs in area $ 6400- $ 6350 area
Ethereum - strengthened to the zone of three week maximum
On Wednesday, ether marked a four-week maximum in the $ 220 area. This is a peak of market volatility and market activity for the month. Market support is located in the $ 210 zone.
Trading recommendations - longs in $ 203 area
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I don't much about bitcoin and Crypto currency but and also many people didn't much about the bitcoin and other currencies just investing on them don't know the basics of trading how this market is running which is the main areas to cover when investing i am also taking information from different places and wanted to do my assignment for me online and after completing share my information for the peoples.
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