empty
 
 
30.05.2019 07:20 AM
Technical analysis of ETH/USD for 30.05.2019

Crypto Industry News:

Another global corporation: AT & T, decided to accept payments in cryptocurrencies. Customers can pay bills using BitPay, which offers two main cryptocurrencies: Bitcoin and Bitcoin Cash.

AT & T is one of the largest telecommunications companies in the world. The company is listed on the NYSE Stock Exchange. AT & T was founded on March 3, 1885,to create a nationwide telephone network.

AT & T has been the world's largest telephone services provider and the largest cable television network for some time. In his laboratories (Bell Labs), among others, Unix operating system, programming languages: C, C ++ and AWK, as well as an transistor. Eleven employees of this corporation received the Nobel Prize.

Acceptance of cryptocurrencies by such a large company as AT & T with many years of tradition is a clear sign that the need for cryptocurrency adoption has recently grown significantly.

Technical Market Overview:

The ETH/USD pair has broken out of the consolidation and made another higher high at the level of $285 at the time of writing the article. According to the Elliott Wave point of view, this is the wave (5) to the upside and the target is seen at the level of $304. The level of $263.42 is now the key short-term technical support for bulls and any breakout below this support will indicate the top is in place.

Weekly Pivot Points:

WR3 - $321.20

WR2 - $292.77

WR1 - $283.99

Weekly Pivot - $254.33

WS1 - $241.65

WS2 - $213.82

WS3 - $203.55

Trading Recommendations:

The best trading strategy in the current market conditions is to buy the local pull-back as wave 4 is in progress in anticipation of the wave 5 to the upside. On the other hand, any violation of the level of $226.17 will accelerate the sell-off towards the next technical support at the level of $212.12.

This image is no longer relevant

Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $1000 más!
    ¡En Abril, sorteamos $1000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 100% de bonificación
    Su oportunidad única de obtener un bono del 100 % en su depósito
    OBTENER BONO
  • 55% de bonificación
    Solicite un bono del 55% en cada depósito
    OBTENER BONO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback