country flagالعربية
0

Bitcoin - Ethereum - Ripple - Bitcoin Cash Technical Analysis | 22 July 2019

2019-07-22 08:43 am | Resource: Technical Analysis Section | No Views : 116

Bitcoin - Ethereum - Ripple - Bitcoin Cash Technical Analysis | 22 July 2019 Technical analysis of the most important currencies in the market: Bitcoin, Ethereum, Ripple, and Bitcoin Cash, with recommendations and its expected prices.

Bitcoin "BTC" Technical Analysis | 22 July 2019

Bitcoin (BTC) failed to stabilize above the resistance areas of $ 10699 during yesterday's trading, thus falling to areas of $ 10,300 during yesterday's trading.
The encoded currency rebounded from these areas towards the $ 10,658 it achieved this morning.
Bitcoin "BTC" Technical Analysis | 22 July 2019The digital currency of the Bitcoin (BTC), our neutral view at the moment due to the lack of trading in a specific direction on the hourly interval while the larger trend is still bullish so far without change.
We do not recommend buying or selling at the moment until the encrypted currency takes a clear direction supported by technical indicators.
Index (ADX) indicates weakness of the current bullish trend.
The SMA 20 is neutral as a result of the overlap with the price action.
The index of the moment of the mecd by the default settings, the signal turned to rise during the morning trading without change.

Outlook: 

It is expected that, in the event of a digital currency breakout the $ 11069 areas, Bitcoin (BTC) may target areas of $ 11,746.
While, in the case of the digital currency break of zones of $ 10109, the encrypted currency may target $ 9,410.
Support: 9844-8929-8303
Resistance: 10699- 11508- 12003
Trend: Up

Ethereum "ETH" Technical Analysis | 22 July 2019

The digital currency Ethereum (ETH) during yesterday's trading rebounded from the areas of 205.63 $ and continued to rise until it failed to penetrate areas of $ 225.33 during yesterday morning.
Ethereum "ETH" Technical Analysis | 22 July 2019The digital currency is traded in a bullish trend forming over the 60-minute interval. The trend is weak due to a breach of resistance areas of $ 225.33.
Also, the technical indicators in the position confirms the weakness of the current bullish trend.
The index of ADX is not significant at the moment.
The simple moving average 10 and the slow moving SMA 20 are neutral due to overlapping price action.
And the index of the momentum of the MACD with normal settings and its signal has become bullish during trading yesterday.

Outlook: 

It is expected that, in the case of the digital currency break areas of $ 216.90, Ethereum (ETH) may target the level of $ 198.44.
While, in the case of a digital currency break the area of $ 227.09, Ethereum (ETH) may target the $ 241.70 area.
Support: 218.12- 211.22- 202.71
Resistance: 225.33- 238.22, 246.09
Trend: Up

Ripple "XRP" Technical Analysis | 22 July 2019

The Ripple (XRP) during Saturday morning trading failed to break through the resistance zones of $ 0.3373 as a result of sellers' pressure on it.
Thus falling to break the trend line during the trading yesterday and continued to bleed until the areas of 0.3202 $.
Ripple "XRP" Technical Analysis | 22 July 2019The digital currency break the bullish trend line during yesterday's trading but this break without confirming our view is neutral at the moment on the hourly interval.
The (adx) indicator is neutral at the moment, trading below 20 pips.
The 20 SMA is currently neutral as a result of overlapping with price action.
Momentum RSI 14 is trading in a bullish trend under formation. This trend is weak due to the failure of the 50 point break.

Outlook: 

In the case of the Ripple (XRP) break of level of $ 0.3029, the digital currency may target $ 0.2814.
On the other hand, if Ripple (XRP) break of the $ 0.34 area, digital currency might target $ 0.3787.
Support: 0.3202- 0.3008- .2942
Resistance: 0.3288- 0.3373- 0.35
Trend: neutral

Bitcoin Cash "BCH" Technical Analysis | 22 July 2019

The digital currency Bitcoin Cash (BCH) during yesterday's trading failed to settle above the high of $ 334.04 as a result of weakness of the bulls, and fell to break areas $ 319.47 and continued to fall as far as $ 309.07.
Bitcoin Cash "BCH" Technical Analysis | 22 July 2019The digital currency Bitcoin Cash (BCH) is trading in a downtrend in the configuration on the hourly interval. This trend suffers from weakness due to its inability to settle down areas of $ 319.47.
The ADX indicator is not important at the moment.
The SMA 20 is neutral as a result of the overlap with the price action.
Momentum Relative Strength 14 is trading in a bearish trend in formation, which is looking at this trend from weakness due to the failure of the 30-point break.
By analyzing the technical indicators we see that it confirms the weakness of the current bearish trend.

Outlook: 

It is expected that, in the event of a Bitcoin Cash (BCH) breach of the area of ​$ 322.00, crypto may target the area of ​​$ 351.15.
On the other hand, in the case of a Bitcoin Cash (BCH) break Level of $ 282.40, digital currency may target the level of $ 271.44.
Support: 302.86- 286.44- 271.44
Resistance: 319.47 - 334.04 - 362.37
Trend: neutral

Other analysis

More analysis

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any doubts.TradingPekk.com does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.