Technical analysis for both Bitquin, Atherom, Bitquin Cash, Reebel, and Fergie These analyzes reflect the current market and identify points of sale and buying 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 a Day Frame.
After the hard week of the Betquin, it dropped from $ 19400 to $ 10,400 and the red candle closed at $ 14221. All prices are based on a dayframe moving up to the resistance line 19800, and the MACD indicator shows the beginning of the price increase with the lower red candlesticks. There is also news on the 28th and the new hard fork for the Segwit2X Betcone. Should prices break through the support line of $ 14171 with the lower bullish trend line, prices will move to a new support line of $ 9900.
2. ETH / BTC:
Technical Analysis: A week frame agreed with Frem Day.
The MACD indicator shows the beginning of the completion of the red bottom candlesticks and the start of the breach of the blue line. The orange line expresses indications of the start of the price increase. The price is now heading to the resistance line 0.058 BTC and then if it is broken with two green candlesticks the price will move to the new resistance line of 0.077 BTC.
- Buy over the resistance line (it becomes a support line after breaching) at 0.065 BTC.
3-KFH / BTC:
Technical Analysis: A week frame is agreed with a day frame, 4 hours, and 30 minutes.
Beginning of the week from 25/12/2017 to 1/1/2018, a red candle has emerged and is considered a correction candle for the price. As prices are going down to several levels from the beginning of 0.0175 to 0.0163 and if the price continues to decline we will go to levels lower than 0.093 to 0.085. There is a strong support line at 0.0175 if it does not breach the support line we will see huge highs and record new highs.
4. 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 the privacy of transactions within the network. It allows encryption of the conversion process and no one can track the flow of the currency on the distribution book.
Technical Analysis: Week Frame:
After the sharp rise two weeks ago, specifically on 11/12/2018 where the profit rate reached more than 3000%, prices started from 0.00000042 to 0.00001825, the correction process started with red wax and will end on 1/1/2018.
Technical Analysis: Frame 4 hours
The 1490 support line has been breached with a red candlestick and the price is heading towards the support line 1135, and the MACD confirms technical analysis. If you want prices to rise from the support line 1135 the prices will go to resistance line 1490 and then to 1820. If the support line breached the 1135 will move prices to the new support line 692. On 1/1/2018 is the day of the interval in determining the price of the currency, Because the red candle will end at 1 week, and the announced update will start on 31/12/2017.
4. BRL / XRP:
After the sharp drop in prices from the support line 7000 until it reached the new support line 6470, the 8% loss is now the price is moving between the lines of support and resistance 6730 to 6470, if the resistance line is breached 6700 prices will target the resistance line 7000.
Technical Analysis: On a 4 hour frame
Prices are moving sideways between the 7700 resistance line and the 6580 support line and prices are likely to fluctuate sideways for a period, if the 6580 support line is breached, prices will move to a new support line 5270 and then 4300. The MACD indicator shows a slow rise in prices Incidentally.