Crypto Analysis: Ethereum - Bitcoin

in bitcoin •  7 years ago 

Hello to all my crypto

Very big fall of the market during the night, I told you yesterday, the trend is uncertain and the signals are for sale. It did not miss. Nevertheless, the fall was a little abrupt, we should attend a pull back, as yesterday again. The market is not collapsing, it is a phenomenon all that is more normal.

We will see this together in a moment!

Bitcoin

The trend is still very much downward on Bitcoin. We joined the oversold zone on the 4h chart, a pull back is expected especially as the RSI marks a nice upward divergence. Nevertheless, nothing is done yet. For now, sellers dominate the market very widely. In my opinion, we will witness an increase in the day and then a new decline at the beginning of the Asian continent. The day is therefore conducive to Day trading, and the signals are reassuring. Hold on, do not panic, we'll see the end soon.

The plan :

The trend is still very uncertain but we expect a pull back. In addition, we were able to recharge at a good price during the decline. We will take advantage of the pull back to sell some of our assets and replace our BL:

Buy limit: 10200 usdt (10%)

Sell ​​Limit: 11200 (50% of yesterday's buy)

Buy limit: 10500 usdt (5%)

Ethereum

The trend is still sharply downward on Ethereum. Nevertheless, we are very far from our moving averages, so a return to the upside is expected. In addition, we are in oversold zone, I can not see Ethereum ironing under the major resistance at 750 usdt. The probabilities tend rather to favor a return to the rise. We will therefore Holder, in fact, the signals are still bearish, but the first sign of bullish reversal are noticeable. Do not panic, if you sell, quickly buy back, the market could start up again at any time. Mistrust all the same, we have not yet reached the button of our M, a return to 750 is still possible, it would be an excellent entry point.

The plan :

The trend is uncertain on Ethereum, the signals are down, but the rise could occur at any time, so we will hold and place:

Sell ​​limit: 1100 (30%)

Buy limit: 770 (10%)

To conclude on this analysis:

The trend is uncertain on the market. Nevertheless, we have joined the oversold zone on all our Charts, the probabilities lean in favor of a return to the rise in the coming days. The scenario could be the same as the last two days: A pull back in the day and a new drop at night with the arrival of Asian. Hold, do not panic, it's déjà-vu!

Ethereum:

The trend is uncertain on Ethereum, the signals are down, but the rise could occur at any time, so we will hold and place:

Sell ​​limit: 1100 (30%)
Buy limit: 770 (10%)
Bitcoin:

The trend is still very uncertain but we expect a pull back. In addition, we were able to recharge at a good price during the decline. We will take advantage of the pull back to sell some of our assets and replace our BL:

Buy limit: 10200 usdt (10%)
Sell ​​Limit: 11200 (50% of yesterday's buy)
Buy limit: 10500 usdt (5%)

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Awesome work! I`ve re-steemed!
All Steemians should support as much as they can
Thank you for your wonderful work 😊😊

This post has received a 3.13 % upvote from @drotto thanks to: @tighilt.

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