country flagالعربية
0
0

Bitcoin - Ethereum - Ripple - Bitcoin Cash Technical Analysis | 29 July 2019

2019-07-29 08:12 am | Resource: Technical Analysis Section | No Views : 52

Bitcoin - Ethereum - Ripple - Bitcoin Cash Technical Analysis | 29 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 | 29 July 2019

Bitcoin (BTC) during yesterday's trading failed to stabilize above the areas of 9844 $ as a result of weakness of bulls and therefore fell to break the trend line in the evening because of the pressure of sellers.
 The initial digital currency continued to plummet until it hit the $ 9136 area it made this morning.
Bitcoin "BTC" Technical Analysis | 29 July 2019
The digital currency of the Bitcoin (BTC) is our neutral view now due to non-trading through a specific direction on the hourly interval.
The indicator (ADX) indicated by neutral is currently the result of interference with price action.
The SMA 20 is neutral at the moment.
The momentum indicator of MACD with the default setting is bullish at the moment and has been confirmed by breaching the $ 9543 zones.

Outlook:  

It is expected that, in the event of a digital currency breakout the $ 9679 zones, Bitcoin (BTC) may target areas of $ 10101.
On the other hand, in the case of Bitcoin (BTC) break zones of $ 9329, the encrypted currency may target $ 9,139.
Support: 8929-8303-7500
Resistance: 9844-10699-11508
Trend: neutral

Ethereum "ETH" Technical Analysis | 29 July 2019

The digital currency Ethereum (ETH) during Saturday morning trading fell from the areas of 222.69 $ due to weakness of bulls, therefore fell to break $ 218.12 and then broke the areas of 211.22 $.
Ethereum "ETH" Technical Analysis | 29 July 2019The digital currency is trading in a bullish trend forming over the hourly interval. This trend is weakened by the failure of the breach of the resistance areas of $ 211.22.
The index (ADX) has failed to breach the resistance areas of $ 211.22 to turn the signal into a bearish one.
The SMA 10 and SMA 20 are currently bullish and were confirmed by $ 21060 zones.
And the index of the momentum of the MACD with the normal settings signal is currently rising.

Outlook:  

It is expected that, in the case of  Ethereum (ETH) break regions of $ 201.34, the digital currency may target $ 193.96.
On the other hand, in the event of a digital currency break the area of $ 213.79, Ethereum (ETH) may target the $ 221.29 area.
Support: 202.71, 193.96, 175.00
Resistance: 211.22, 218.12, 225.33
Trend: Down

Ripple "XRP" Technical Analysis | 29 July 2019 

The digital currency of the Ripple (XRP) during last Saturday's trading failed to breach areas resistance to 0.3202 $ due to weakness of bulls, therefore fell to break the trend line and continued to decline to areas of $ 0.30.
Ripple "XRP" Technical Analysis | 29 July 2019 The Ripple (XRP) is our neutral view on the hourly interval due to the lack of confirmation of the broken bullish trend line and also the result of non-trading through a specific direction.
The (adx) indicator I mentioned is not important at this time.
The SMA 20 is currently neutral as a result of non-trading through a specific trend.
Momentum Relative Strength 14 Our view is neutral at the moment due to lack of trading through a specific direction.

Outlook:  

In the case of a Ripple (XRP) break of the $ 0.3069 area, the digital currency may target the $ 0.2983 area.
On the other hand, in the case of a Ripple (XRP) break of the $ 0.3003 area, the encrypted currency might target $ 0.3224.
Support: 0.3008- .2942- .2814
Resistance: 0.3202 -0.3288- 0.3373
Trend: Up

Bitcoin Cash "BCH" Technical Analysis | 29 July 2019

Bitcoin Cash (BCH) last Saturday failed to break through $ 319.47 due to weaker demand, and fell to $ 287.50 during morning trading.
Bitcoin Cash "BCH" Technical Analysis | 29 July 2019The digital currency of the Bitcoin Cash (BCH) is trading in a sideways direction due to trading between a classic symmetrical triangle on the 60 minute interval. We do not recommend buying or selling at this time until a specific direction is taken supported by the technical indicators.
The ADX indicator is currently bearish.
The SMA 20 is currently bullish and is a very important support area.
Momentum Relative Strength 14 is trading in a bullish direction in formation. This trend supports trading above 50 points.
Through the chart we conclude that, the technical indicators are not taking a specific direction which confirms our neutral view.

Outlook:  

It is expected that, in the event of a digital currency breach the area of 313.30, Bitcoin Cash (BCH) may target the currency area of ​​$ 320.00.
On the other hand, in the case of Bitcoin Cash (BCH) break level of $ 298.70, digital currency may target the $ 284.20 area.
Support: 302.86- 286.44- 271.44
Resistance: 319.47 - 334.04 - 362.37
Trend: Sideway

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.