Bitcoin (BTC), Ethereum (ETH), Monero (XMR), Ripple (XRP), Cardano (ADA), Stellar (XLM), EOS, Bitcoin SV (BCHSV), Tron (TRX), Litecoin (LTC)
BTC/USD
[IMG]file:///C:/Users/user/AppData/Local/Temp/msohtmlclip1/01/clip_image001.gif[/IMG]
Dominant trend: Bearish
Supply zone: $6400, $7200, $8000
Demand zone: $2500, $2000, $1500
The market remains under the control of the bears on the long-term outlook. Having achieved the predicted target last week at $3377 on 7th December and a further drop to $3277 in the demand area, the bears seems to have a brief rest. Exhaustion at the demand area denoted by wicks coupled with hammer signalled the bulls gradual return.
BTC/USD was up at $3800 on 8th December, but a further upward movement was rejected around the 10-EMA. The cryptocurrency provides a down-trending market scenario with the formation of lower highs and lower lows.
With the price below the two EMAs that are fanned apart which suggest strength in the context of the trend and in this case the downtrend, BTCUSD may be set for a new lower low as the bears’ pressure becomes much stronger.
ETH/USD
[IMG]file:///C:/Users/user/AppData/Local/Temp/msohtmlclip1/01/clip_image002.gif[/IMG]
Dominant trend: Bearish
Supply zones: $200, $220, $240
Demand zones: $50, $40, $30
The bears’ pressure was sustained in the past week as Ethereum went further down to $83.00 in the demand area on 7th December closing the week lower than the previous at $111.52. Rejection to further downward price movement was obvious as the bulls return this was signalled by the two hammers formation a strong indication of trend reversal.
$102.50 in the supply area was retested as the new week began on 9th December.
This flag formed by the bullish pressure was necessary for the market correction before the downtrend continuation. With the price below the EMAs an indication of strong bears pressure, $53.93 the 261.8 fib level in the demand area may be tested in days ahead
For more signals: https://www.cryptocomparer.com/news/...december-10th/
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26-12-2018, 05:20 AM #1
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Weekly trading signals for major cryptos - DECEMBER 10th
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26-12-2018, 09:09 AM #2
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The forex market provides plenty of opportunity for investors. I am making a huge amount of money with my broker FXPremax. This broker made my trading more easier. From start of my trading this broker helping me in every way to make my trades simply easy with many unimaginable services. They are very fast in solving any trading issues. They offer web-based and mobile based trading platforms and available leverage.
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19-01-2019, 12:02 PM #3
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There are lot of aspects to trading that you must nail down. Planning, tracking, implementing, monitoring, gathering information, testing etc. When I started trading with Bprimes, there was no pressure to succeed. I was trading because I enjoyed it. It was something I liked doing and I had fun with it. Still I am enjoying my trading because I do not always concentrate to making money here. This is the reason I am doing good in forex.
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