Technical analysis for Bitquin, Bitquin Cash, Ethereum, Litcoin, and Ferg. These analyzes reflect the current market and determine the points of sale and purchase on different time frames.
Disclaimer: The trade is at your own risk. The accompanying analysis reflects the current market trend and the Arab Bit site is not responsible for any loss you cause.
1. BTC / USDT:
Technical Analysis: Analysis on the week
Notice here clearly that the prices from the beginning of 6000
It started to rise significantly and did not stop until it reached more than 19,000
The correction process has begun.
With the decline in speed now we have a bad scenario, prices will go down to large levels
We now have three levels of landing
I: 11000
Second: 9000
Third: 6000
There are news on 23 and 28 updated and your new BTC is possible to help the price rise again
2 - Betcuin Cash / Betcuene "BCH / BTC":
Technical Analysis: Analysis on a single day frame
The currencies took the same approach, and here we have to confirm that we benefit from both the ups and downs, this stage is waiting until the price reaches the area, which we expect to reach it
There are two strong zones tested more than once before
First resistance line 0.23
Where prices have been falling and the support line has been tested three times earlier
Second support line at 0.073
And tested two times earlier, now the price is heading down to the support line 0.073
This will take days, and here we confirm waiting is the best at this stage
3. ETHERIUM / USD "BTC / ETH":
Technical Analysis: Analysis on 1 day (Agreed with 1 week).
The beginning of high prices and the trend to high levels
Here, in the case of the market, we see a continuous decline in the BTC price
We have to be more careful
The price is now heading to the resistance line 0.058
And then if the resistance line breached 0.058 with two green candles on the 1 day frame
Here is a buying area and the price will move to the new resistance line 0.077
4- LTC / BTC:
Technical Analysis: Analysis on 1 day term
Depending on the direction of the market and the sharp fall of the BTC, prices are heading down for all currencies
There are strong support lines that have been tested several times
We have a strong support line at 0.01
The price rose twice and did not fall, and in the case of break (price) of the support line 0.01
Prices have moved to the new support line 0.005, and here the price rally has started to reach a high of 0.02
We now have a strong resistance line that has been tested several times and prices have fallen
Where it was tested four times earlier (line 0.017)
Now move the price direction to the support line 0.015
If breached, we will move to 0.01 which is a strong support line. We expect prices to rise, and if breached, we will move to 0.005
5. BTC / XVG:
The news with the technical analysis through which we can visualize the functioning of the currency
** 31 December 2017**
An important update is the launch of a new protocol that allows users to choose from not being selected. It allows encryption of the conversion process and no one can track the flow of the currency on the proxy book of the plucchin technology. This explains the large entry increase in the market value of the currency
Technical Analysis: Analysis on a 4-hour frame
We have three lines of support and accommodation
The 885 line has been tested and the price is heading down to the 680 support line
In the case of a break, the price will turn to 420
Technical Analysis: Analysis on 1 day term
After the large rise of the currency from 0.00000042 to 0.00001000
Now the process of correction and profit taking has started ... here is selling what was bought and keeping a part, where the investor expects to raise prices again
Here we recommend selling 50% of the bought from low levels and keeping the rest until the date of 1-1-2018.