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Bitcoin - Ethereum - Ripple - Bitcoin Cash Technical Analysis | 22 February 2018

2018-02-22 07:52 am | Resource: Technical Analysis Section | No Views : 123

Bitcoin - Ethereum - Ripple - Bitcoin Cash Technical Analysis | 22 February 2018 The decline in most of the digital currencies during yesterday's trading as a result of the pressure of sellers on these currencies.

Bitcoin Technical Analysis | 22 February 2018

Bitcoin "BTC" broke the rising trend line on the 60-minute interval as a result of sellers' pressure on the most heavily traded currency traded overnight.
Bitcoin Technical Analysis | 22 February 2018
The currency continued to fall until it approached the support areas of 10 thousand dollars and during yesterday's trading the currency broke the bearish trend line, and the simple moving average 20 pointed neutral.
Momentum Relative Strength 14 Our view is currently neutral as it does not take a clearer direction and the index is trading in a bearish direction
It is expected that, in the case of breaking the strongest electronic currency level of 10056 may target the areas of 9619 while in the case of, penetration of the electronic currency with the largest market value levels of 10688 may target $ 11,360.
Support: 10000 - 9380 - 8303
Resistance: 11508 - 12235 - 13045
Trend: neutral

Ethereum Technical Analysis | 22 February 2018

Ethereum "ETH" achieved the negative head and shoulders target we mentioned during yesterday's report and with the start of trading yesterday, the second largest virtual currency started to bounce back to trade above $ 826.
Ethereum Technical Analysis | 22 February 2018
The electronic currency is still trading in a bearish direction and the 20 SMA is pointing downwards and represents a very important resistance area currently.
MACD with regular settings is currently positive.
It is expected that, if the default digital currency is broken 817.14 may target the 721.54 area on the other side, if a breach of the $ 856 area might target the currency $ 934.50.
Support: 817.14 - 721.54-599.93
Resistance: 871.35 - 906.03 - 998.36
Trend: Down

Ripple Technical Analysis | 22 February 2018

Ripple "XRP" is trading in a downtrend in formation over the 60-minute interval and the coded currency continued to fall during yesterday's trading and with the beginning of today's trading started to recede.
 Ripple Technical Analysis | 22 February 2018
The SMA 20 is still pointing down.
Momentum RSI 14 broke through the bearish trend line during today's trading.
It is expected that, in the event of a break of the default currency of the $ 0.93 level, the currency may target 0.74 while in the case of a breach of 0.98 areas it may target 1.08.
Support: 0.8877 - 0.8161- 0.6304
Resistance: 1.14- 1.42- 1.6040
Trend: Down

Bitcoin Cash Technical Analysis | 22 February 2018

Bitcoin Cash "BCH" broke against the greenback greenback to support $ 1343.88 and the bleeding of the encrypted currency continued until the beginning of trading today.
Bitcoin Cash Technical Analysis | 22 February 2018
 The simple moving average 20 so far is bearish and still represents a resistance zone.
Analysis of the hourly hourly chart indicates a classical negative round top pattern that broke the neckline during yesterday's trading.
Momentum RSI 14 is still trading in a bearish direction in the configuration.
It is expected that, in case of breaking 1259, the currency may target the region 1062.64 while in case of breach of 1343.88 $ may target the currency 1502.
Support: 1194.26 - 758.23 -
Resistance: 1343.88- 1627.74 - 1778.68
Trend: Down

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