BTC and ETH technical highlights:
BTC / USD has died in the water for the last few months since the spring sale. This type of pricing behavior does not promise to move forward. The next level of targeted support below 28,600 is the highest value in 2017 in 19666.
ETH / USD has developed a declining wedge that is set to lower it. The year 1420 is important to observe. If it can’t make a wider gear below 1k, it can develop.
In the long run, looking at weekly log charts, both cryptocurrencies will remain on an upward trend even if they experience another violent sale. Something to keep in mind, despite the short term in the near future and how far they are from record heights.
Watch the video above for full details.
BTC / USD daily card
ETH / USD daily card
Resources for Forex traders
Whether you are a new or experienced trader, we have several resources available to help you; indicator for monitoring trader sentiment, quarterly trading forecastsanalytical and educational webinars takes place every day trading instructions which will help you improve your trading results, and especially for those who do new forex.
—Wrote by market analyst Paul Robinson
You can follow Paul on Twitter @PaulRobinsonFX