Bookmark This Site
Bitcoin (BTC)
7283.12 USD
Ethereum (ETH)
146.42 USD
Ripple (XRP)
0.22313 USD
BitcoinCash (BCH)
208.54 USD
EOS (EOS)
2.62 USD
Litecoin (LTC)
44.7 USD
NEO (NEO)
8.6 USD

Bitcoin And Ethereum Ascending Triangle on Both Biggers

HomeAnalysis — Bitcoin And Ethereum Ascending Triangle on Both Biggers

BTC/USD

TECHNICAL ANALYSIS 21 FEBRUARY 2019

Mena’hem Sultan :

https://www.tradingview.com/x/Vj7icpcW/

 

Bitcoin prices moved higher on Wednesday. The digital gold (BTC) came very close to $4,000, but the critical resistance (4000$) remains unconquered.

At the time of writing, BTC/USD is changing hands at $3,918, mostly unchanged  in recent 24 hours and gaining 10% in the past 4 days. The rally marked the fifth consecutive day of growth for the digital asset.

Following the Technical analysis on the 4h graph (see above), BTC is still very bullish and should break the resistance of 4000$ to target the 5000$ zone .

As shown on the graph BTC is forming an ascending triangle, same for a lot of big coins at the moment .

The rsi is showing some bullish divergence.

MARKET IS BULLISH

https://www.tradingview.com/x/KsAWEaei/

 

The resistances : 4000$ – 4200$ – 4500$.

The supports : 3800$ – 3650$ – 3500$

 

The resistance should be broken.

 

Entry long : above 4000$

 

————————————————————————————————————————————————

 

ETH/USD

TECHNICAL ANALYSIS 21 FEBRUARY 2019

Mena’hem Sultan :

https://www.tradingview.com/x/N8OVG1KH/

 

Ethereum prices moved high recently and has recovered by 45%.

There’s a big resistance from 150$ to 160$.

At the time of writing ETH is sitting at 143.5$, in a range with 140$ as a support and 150$ as a resistance.

Till now ETH followed the T A completely.

Very bullish now.

zone to watch : resistance :

150$

160$

Pattern : ascending triangle (bullish).

 

buy the breakout of it.

יחי אדוננו מורנו ורבינו מלך המשיח לעולם ועד

BTCSMARTCONSULTING@GMAIL.COM
MM Sultan
+33 6 52 46 02 52