The good news regarding Bitcoin is that it has stopped falling and is gradually moving higher.
After many small range weeks, the BCH/USD pair is looking to move up.
Contrary to our assumption, if the cryptocurrency turns down from $239, it might extend its stay in the range for a few more weeks.
Traders can buy on a weekly close above $0.051468 and keep a stop loss of $0.0350.Opposite to our expectations, if the digital currency turns down from the current levels, it will extend it stay in the range for a few more weeks.
The bulls are attempting to push prices above the resistance of the range.
The trend will turn negative if the bears sink the digital currency below the range.
Two new Monero trading pairs were added by top global exchange Binance.
The bulls are attempting to carry the XMR/USD pair above the resistance of the range at $60.1470 and the 20-week EMA at $62.50.
The long-term target is $150.Traders can buy on a close above $62.5 and keep a stop loss of $38, which is just below the bottom of the range.
The trend will turn negative on a breakdown of the current range.
Top 5 Crypto Performers Overview: Stellar, Bitcoin Cash, Cardano, Dash, Monero
에 게시 됨 Mar 17, 2019
by Cointele | 에 게시 됨 Coinage
Coinage
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