FXOpen Broker

10+ years’
experience in FX

VISIT WEBSITE

Trading Accounts

ECN, STP,
Micro, Crypto

START TRADING

Try Free Demo

Practice Forex trading
risk free

OPEN DEMO ACCOUNT

PAMM Technology

Become a Master
or a Follower

JOIN PAMM SERVICE
Page 18 of 18 FirstFirst ... 81415161718
Results 256 to 263 of 263

Thread: Bitcoin Analysis

  1. #256
    Moderator cool user hesham1046's Avatar
    Join Date
    May 2013
    Posts
    10,310
    FXO Shares
    0
    FXO Bonus
    0.006
    Thanks
    1,726
    Thanked 348 Times in 224 Posts

    Default

    Bitcoin price returns to fluctuate around the EMA50, noticing that stochastic shows clear overbought signals, to form negative factor that we are waiting to motivate the price to rebound bearishly and resume the main bearish trend, to keep the bearish bias suggested in the upcoming sessions, waiting to head towards 5100.00 as a next station.



    On the other hand, we should note that breaching 6600.00 will stop the expected decline and lead the price to achieve gains on the intraday and short term basis, to start the positive targets at 8643.35.



    Expected trading range for today is between 5300.00 support and 6600.00 resistance

  2. #257
    Piplet
    Join Date
    May 2018
    Posts
    3
    FXO Shares
    0
    FXO Bonus
    -1.000
    Thanks
    0
    Thanked 1 Time in 1 Post

    Default

    Facebook is reversing its ban on cryptocurrency-related ads, though advertisers will have to be pre-approved...
    Read more: https://www.xmlgold.eu/en/news/artic...rency-ico-ban/

    It can impact cryptocurrency price positively.

  3. #258
    Moderator cool user hesham1046's Avatar
    Join Date
    May 2013
    Posts
    10,310
    FXO Shares
    0
    FXO Bonus
    0.006
    Thanks
    1,726
    Thanked 348 Times in 224 Posts

    Default

    Bitcoin price showed clear positive trading in the previous sessions to move around the bearish channel’s resistance that appears on the chart, showing sideways and tight trading now to move out of the mentioned channel, while stochastic shows clear negative signals now.



    Therefore, we believe that the chances are valid to resume the bearish trend in the upcoming sessions unless breaching 6450.00 level and holding above it, noting that breaking 6039.30 will open the way to head towards 5100.00 as a next main station.



    Expected trading range for today is between 5500.00 support and 6600.00 resistance

  4. #259
    Moderator cool user hesham1046's Avatar
    Join Date
    May 2013
    Posts
    10,310
    FXO Shares
    0
    FXO Bonus
    0.006
    Thanks
    1,726
    Thanked 348 Times in 224 Posts

    Default

    Bitcoin price rallied upwards to breach 6450.00 level and settles above it, which turns the intraday track to rise, to head towards achieve more gains in the upcoming period, targeting visiting 7000.00 followed by 7750.00 levels as next main stations.



    Therefore, the bullish bias will be expected for today unless breaking 6210.00 level and settling below it.



    Expected trading range for today is between 6210.00 support and 7200.00 resistance

  5. #260
    Moderator cool user hesham1046's Avatar
    Join Date
    May 2013
    Posts
    10,310
    FXO Shares
    0
    FXO Bonus
    0.006
    Thanks
    1,726
    Thanked 348 Times in 224 Posts

    Default

    Bitcoin price continues to fluctuate within sideways track, keeping its stability above the EMA50, which keeps our bullish overview valid as it is without any change, supported by stochastic move at the oversold areas now, reminding you that our main targets begin at 7000.00 and extend to 7750.00, while holding above 6400.00 represents key condition to achieve these targets.



    Expected trading range for today is between 6200.00 support and 7200.00 resistance

  6. #261
    Moderator cool user hesham1046's Avatar
    Join Date
    May 2013
    Posts
    10,310
    FXO Shares
    0
    FXO Bonus
    0.006
    Thanks
    1,726
    Thanked 348 Times in 224 Posts

    Default

    Bitcoin continues to bump higher in brief moments of bullish momentum.
    Upwards momentum is being driven at odd intervals since bottoming at 5755.0 in June.
    Failure to break above 6850.0, the last major swing high, will see a resurgence of selling interest.
    BTC/USD Chart, 1-Hour



    Spot rate: 6709.5
    Relative change: 0.03%
    High: 6723.7
    Low: 6689.3

    Trend: Bullish

    Support 1: 6648.0 (S1 daily pivot)
    Support 2: 6510.0 (S2 daily pivot)
    Support 3: 6414.0 (previous week low)

    Resistance 1: 6785.0 (R1 daily pivot)
    Resistance 2: 6839.4 (previous week high)
    Resistance 3: 6918.0 (R3 daily pivot)

  7. The Following User Says Thank You to hesham1046 For This Useful Post:

    penaltev (07-09-2018)

  8. #262
    Super Moderator
    Join Date
    Jun 2017
    Posts
    218
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    17
    Thanked 634 Times in 160 Posts

    Default

    Bitcoin Drops From Highs

    Bitcoin hit a high of $6,806 yesterday, only $34 dollars away from the previous swing high at $6,840 dollars. As noted in our last article, we needed a breakout above this level to end the downtrend. As that didn’t occur, BTC/USD remains in a downtrend on the daily charts.



    Read more...

  9. #263
    Super Moderator
    Join Date
    Jun 2017
    Posts
    218
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    17
    Thanked 634 Times in 160 Posts

    Default

    Possible breakout for Bitcoin

    Bitcoin finally ended the downtrend started back in May of this year. The crypto rallied by 4.5% yesterday. Today we’re gaining more ground with BTC/USD quoted at $6,712 right now. Bitcoin looks set to test the important resistance at $6,840 dollars per coin. A decisive breakout above here would start a new BTC rally.



    Read more...

Page 18 of 18 FirstFirst ... 81415161718

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Disclaimer
2005-2017 © FXOpen All rights reserved. Various trademarks held by their respective owners.

Risk Warning:: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgment as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

FXOpen Markets Limited, a company duly registered in Nevis under the company No. C 42235. FXOpen is a member of The Financial Commission.

FXOpen AU Pty Ltd., a company authorised and regulated by the Australian Securities & Investments Commission (ASIC). AFSL 412871ABN 61 143 678 719.

FXOpen Ltd. a company registered in England and Wales under company number 07273392 and is authorised and regulated by the Financial Conduct Authority (previously, the Financial Services Authority) under FCA firm reference number 579202.

FXOpen does not provide services for United States residents.

Join us