empty
 
 
23.07.2019 06:16 AM
Control zones for Bitcoin on 07/23/19

Today, the pair is trading within the medium-term accumulation zone. This allows you to keep sales open at the beginning of the month. The level of $13,000 for bitcoin is now the determining resistance. Due to the fact that the instrument is traded on the Chicago Stock Exchange, the influence of futures contracts on the formation of medium-term impulses is noticeable. The priority direction of trade for the current week is the reduction.

This image is no longer relevant

The second-day bitcoin is trading below the balance mark, which indicates the preponderance of market sellers. The approximate target of the fall is the level of $9800.

For the resumption of growth will require the absorption of yesterday's fall and a break above the balance point. This will allow the instrument to return to the month of June, beyond which the current movement takes place. A pattern has not yet been formed to open purchases, so sales retention is the main plan for the first half of the week.

This image is no longer relevant

Samanta Kruder,
Analytical expert of InstaForex
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback