Technical analysis of the market from crypto-currency broker AMARKET, partner internal PEORO.
Bitcoin
Weekend Bitcoin (bitcone) has become a fixed time for a long-awaited increase. BTC / USD pair managed to recover from $ 6424 from April Executive Executive.
It is important to remember that the customers have not only taken initiative, but have successfully used the changes in the technical picture. In particular, the graph shows that beside bulls - left fast and long moving averages under price, MACD above zero, as well as upward line trickle.
Giving up the above, trying your luck, sitting in the sale, now highly risky. We recommend that you fix the results of previous shorts that bring a great result and part of seeing how local businessmen behave around local X $ XX. Next, we will use the strategy for breakdown. We consolidate this resistance above - we will buy. An alternative scenario is the breakdown of $ 7380 support and opening new sales.
Hooliganism
Dash (dash / USD) has not reached the specified target before $ 6 less than $ 250. By 12: Actually perspective that rebounded against a $ 200 / DSH / USD $ 296 GMT on Monday, I have almost disappeared expecting a significant milestone approach. All kriptornok develops positive dynamics, and, apparently, will have the initiative for bulls for some time.
In Bitcoin, such as the technical picture of the dash, the upward movement indicates a high probability of going on. It helps by the lower price of the EMXEXX, as well as the confidence of the MACD histogram, which continues to be made in positive areas.
Buyers have a serious barrier ahead - a jubilee resistance of $ 300 On whether the bulls price high tension operates, DSH / Dollar will depend more on the possibility that we now recommend to put BuyLimit at the shortest and $ 350 in the nearest $ 305 target.
Thaar
In recent times, the demand for air from the investors (ETH / USD) has hit many weeks high. We have not seen such speculative growth for more than a month. Only pair of USD / USD for the last couple added more than 7%, apparently retaining the spirit to achieve new heights.
Given the changed technical picture, it is time to correct the goal. We recommend waiting for corrections in the $ 400 area, which means open up long positions with a target of $ 450. High probability of a short-term rollback is indicated by overrides by RSI and MACD. We believe, before going higher, the bull likes to unload the adjacent position.