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Market data is provided by Hitbetic Exchange.
In December last year, for a bitcoin, former economist with International Monetary Fund (IMF) Mark Dav, Tweeted Who covered their position. However, Dao also said that he has not opened a position for a long time and is not interested in doing so.
Former Goldman Sachs partner and CryptuCurrencees, the founder of the commercial bank of Galaxy Digital, another prominent businessman, Mike Navegretz, hopes that the leading digital currency will be $ 3,000. They anticipate the consolidation between $ 3,000 and $ 6,000 in the near future.
Some cryptuctority hedge funds, which were loaded onto the car without proper risk management steps, are being discontinued. However, others like Morgan Creek Digital – are becoming more aggressive in managing their capital at lower prices.
Another cryptuctoration business institutional company, Genesis Global, expects and expects to increase its employee strength by 2019. Similarly, the exchange of cryptocurrences in the United States, Connebess, has doubled the number of its employees since June.
It shows that those who use skills wisely benefit from the fall and expect a bright future from now on.
BTC / USD
BitCoin is currently one-fold. He left EMA for 20 days for the first time since November 14. This shows the purchase of aggressive bulls and short coverage. Wednesday is the third day to withdraw. Generally, during a strong downward trend, the rebound retreat disappears within three days.
If bulls support BTC / USD, then it can reach the top counter resistance of $ 4,500. We expect some resistance on these levels, because short-term businessmen will favor profit and aggressive bears will once again establish a short position.
The main trend is still lower. However, the 20-day EMA and RSI flattening in the neutral region shows that the short-term trend is changing. Returning to Downas will make a good impression whether a fund will be established or if it is just a recovery of flexibility.
The important level for the above observation is $ 4,500 and $ 5000. At the lower level, a break of $ 3,236.09 will resume the downward trend. Investors can retain positions. We'll have to wait to start a new uptrend before adding the status
XRP / USD
The recovery at Ripple has surpassed the 20-day EMA and faces resistance to higher resistance of $ 0.4. 50-day SMA is also close, so we expect a small withdrawal or integration at this level.
If the bulls measure a 50-day SMA, the increase can be increased to $ 0.5 by the downline resistance line. $ 0.6 USD will work as a major constraint for $ 0.62. Short-term traders can maintain a partial benefit at this level and may track stops at the remaining high places.
On the contrary, if the XRP / USD pair decreases by $ 0.4, then it can be improved to $ 0.33108. Both are moving average flattening and RSI has gone into a positive region, which suggests change in attitude. In the next 3 to 4 days we will have a better idea.
ETH / USD
Atherium has increased over 102.5 US dollars and over 20 days of EMA resistance. By doing this, the previous integration has been re-entered.
The EA / USD pair can now extend to a maximum price of $ 130. $ 130 – $ 136.12 will act as a strong resistance. Short-term traders can maintain a partial benefit at this level and track stops in the highest remaining position.
If the bulls fail to maintain momentum and the digital currency is improved without reaching our desired objective, then we expect strong support of $ 102.2. If this level becomes bankrupt, it is possible that the minimum value will be re-verified.
EOS / USD
EOS easily climbs on 20-day EMAs and targets reaching 38.2 percent of Fibonacci Retracement of $ 3.0510. This can act as a small resistance.
However, the 20-day EMA is flattened and RSI has grown closer to the positive area. This shows that short-term tendency is changing. Up to $ 3.0510, withdrawals can be increased to $ 3.5147.
If the EOS / USD pair falls below one of the previous levels, it can find support near $ 2.1733. The downward trend will start again below $ 1.55.
XLM / USD
On 8 December 2008, you reached the top of the highest resistance of $ 0.1327050. If the bulls will save the level again, we can see a small improvement or integration.
If the bulls climb up to 0,13427050 dollars, then a return of $ 1,184 is possible. There is a 20-day EMA flattening, which shows that the short-term trend is changing.
However, the pair XLM / USDA has performed poorly because it has not crossed the 20-day EMA and its RSI is still in the negative territory. Therefore, we do not offer any trade in this. If we look for a reliable buy structure we will review our perspective.
BCH / USD
As expected, bitcoin cache has increased significantly from the minimum of $ 72.39. This improves oversized levels in the RSI.
The price has reached 20 days EMA, which can act as a strong resistance. We expect small withdrawals from this level. On degradation, US $ 100 can act as the first backing.
However, if the bulls buy and climb on the 20-day EMA, the recovery can be US $ 205. BHC / USD pair has a history of vertical rallies, so the traders who pass by the lower side should keep the partial position open with a point of loss reduction which can be dragged to take advantage of any additional benefit. If the price drops below $ 72.39, our bullish scenario will be invalid.
LTC / USD
Light cocoon surpasses the 29,349 US dollar and 20-day EMA superior resistance. The withdrawal can now be made $ 36,428. Over 50 days of decline, SMA is above this level. Therefore, we expect to act as a major obstacle for these bulls.
The 20-day EMA has become flat and RSI has reached a positive area. This suggests that short-term tendency is changing. After such a long recession phase, we expect the LTC / USD pair to complete the background structure before starting a new uptrend.
There are few days of action in range range possible. So short-term businessmen should reserve the benefits in regular intervals. If the bear drops to a virtual currency below $ 23.090, our assumption will be invalid.
BSV / USD
Betocon SV is again in the range of $ 80,352- $ 123,98. Currently, prices face resistance in the downward trend line.
When the BSV / USD pair stays together, it can reach the highest level at $ 123.98. If the price falls below current levels and falls below $ 80,352, our bullish outlook will be canceled.
In such case, Bear will try to squeeze the Vertical Currency below $ 65,031 USD. Due to the short history of operations, operators must register profits at regular intervals and it is necessary to move the stops in the remaining position to protect your capital.
TRX / USD
TRON has shown its good performance among the major cryptocurrences. His withdrawal has surpassed the 50-day SMA and is withdrawing significant support for $ 0.0183.
Merchants with long-term status at lower levels can maintain a partial benefit at this level because we expect a strong resistance of $ 0.0183. The current level of reforms can be supported by 20-day EMA and $ 0.01339050.
On the other hand, if the TRX / USD pair increases above $ 0.0183 and that can be $ 0.02815521 in the medium term. The 20-day EMA and positive region suggest a possible change in the RSI trend.
ADA / USDA
Cardano has risen above the 20-day EMA and has entered the range behind USS 45516 at $ 0.033065. 20-day EMA is flattening and RSI is closer to neutral zones. This suggests a short-term potential integration.
If the ADA / USDA pair leaves US $ 0.045516, it will face resistance to 50 days of SMA. Above this level, recovery can reach up to $ 0.060105.
However, if the bear moves back to the bottom of the series, then it is possible that at least $ 0.02,737 will be verified again. Downtrend will resume if this level becomes bankrupt. Traders should quickly stop their position if the virtual currency does not remove the resistance.
Market data is provided by Hitbetic Exchange. Graphics for analysis are provided by the trading view.