Price analysis for Bitquin, Bitquin Cash, Ethereum, Leitquin, and Ferg: December 22steemCreated with Sketch.

in bch-btc •  7 years ago 

Technical analysis for Bitquin, Bitquin Cash, Ethereum, Litcoin, and Ferg. These analyzes reflect the current market and determine the points of sale and purchase on different time frames.

Disclaimer: The trade is at your own risk. The accompanying analysis reflects the current market trend and the Arab Bit site is not responsible for any loss you cause.

1. BTC / USDT:

Technical Analysis: Analysis on the week

Notice here clearly that the prices from the beginning of 6000

It started to rise significantly and did not stop until it reached more than 19,000

The correction process has begun.

With the decline in speed now we have a bad scenario, prices will go down to large levels

We now have three levels of landing

I: 11000

Second: 9000

Third: 6000

There are news on 23 and 28 updated and your new BTC is possible to help the price rise again

2 - Betcuin Cash / Betcuene "BCH / BTC":

Technical Analysis: Analysis on a single day frame

The currencies took the same approach, and here we have to confirm that we benefit from both the ups and downs, this stage is waiting until the price reaches the area, which we expect to reach it

There are two strong zones tested more than once before

First resistance line 0.23

Where prices have been falling and the support line has been tested three times earlier

Second support line at 0.073

And tested two times earlier, now the price is heading down to the support line 0.073

This will take days, and here we confirm waiting is the best at this stage

3. ETHERIUM / USD "BTC / ETH":

Technical Analysis: Analysis on 1 day (Agreed with 1 week).

The beginning of high prices and the trend to high levels

Here, in the case of the market, we see a continuous decline in the BTC price

We have to be more careful

The price is now heading to the resistance line 0.058

And then if the resistance line breached 0.058 with two green candles on the 1 day frame

Here is a buying area and the price will move to the new resistance line 0.077

4- LTC / BTC:

Technical Analysis: Analysis on 1 day term

Depending on the direction of the market and the sharp fall of the BTC, prices are heading down for all currencies

There are strong support lines that have been tested several times

We have a strong support line at 0.01
The price rose twice and did not fall, and in the case of break (price) of the support line 0.01

Prices have moved to the new support line 0.005, and here the price rally has started to reach a high of 0.02

We now have a strong resistance line that has been tested several times and prices have fallen
Where it was tested four times earlier (line 0.017)

Now move the price direction to the support line 0.015
If breached, we will move to 0.01 which is a strong support line. We expect prices to rise, and if breached, we will move to 0.005

5. BTC / XVG:

The news with the technical analysis through which we can visualize the functioning of the currency

** 31 December 2017**

An important update is the launch of a new protocol that allows users to choose from not being selected. It allows encryption of the conversion process and no one can track the flow of the currency on the proxy book of the plucchin technology. This explains the large entry increase in the market value of the currency

Technical Analysis: Analysis on a 4-hour frame
We have three lines of support and accommodation

The 885 line has been tested and the price is heading down to the 680 support line

In the case of a break, the price will turn to 420

Technical Analysis: Analysis on 1 day term
After the large rise of the currency from 0.00000042 to 0.00001000

Now the process of correction and profit taking has started ... here is selling what was bought and keeping a part, where the investor expects to raise prices again

Here we recommend selling 50% of the bought from low levels and keeping the rest until the date of 1-1-2018.

If you have any questions you can put it in a comment and you will be answered within 24 hours.

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