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Showing posts from June, 2020
ETHUSD $250.00 KEY RESISTANCE ETHEREUM NEXT PRICE LEVEL Ethereum has bounced back towards the $240.00 resistance level after the cryptocurrency found strong dip-buying interest from the $220.00 level on Monday. A breakout above $250.00 resistance level could provoke a medium-term rally in the ETHUSD pair towards the $300.00 area. A breakout above the $9,800 for the BTCUSD pair should also encourage a rally in the ETHUSD pair. SO PLZ CAREFULLY TRADE The ETHUSD pair is only bullish while trading above the $230.00 level, key resistance is found at the $250.00 & the $275.00 levels. If the ETHUSD pair trades below the $230.00, sellers may test the $225.00 and $220.00 support levels.
Bitcoin price level Bitcoin has rallied towards the $9,600 resistance area, following the announcement that the Federal Reserve will start buying individual corporate bonds. A bullish reversal pattern with around $600.00 of upside potential has been created during the recovery from the $8,900 level. Traders should note that the bullish pattern will be activated if bulls rally price through the $9,600 level. The BTCUSD pair is only bullish while trading above the $9,400 level, key resistance is found at the $9,600 and the $10,100 levels. If the BTCUSD pair trades below the $9,400 level, sellers may test the $9,300 and $9,200 support levels. Best wishes to  all Twitter.com/sreedhushah Instagram.com/sreedhu_shah
BTCUSD RECOVERY ??  Btc market price Analysis Bitcoin has started to quickly recover above the $9,000 level after briefly dropping towards the $8,900 support level earlier today. Negative risk sentiment in the commodity and equity markets appeared to weigh on the price of the BTCUSD pair early today. Bulls need to break above the $9,450 resistance zone to encourage a major upside push towards the $9,780 resistance level. The BTCUSD pair is only bullish while trading above the $9,300 level, key resistance is found at the $9,450 and the $9,780 levels. If the BTCUSD pair trades below the $9,300 level, sellers may test the $8,900 and $8,700 support levels. Twitter.com/sreedhushah Instagram.com/sreedhu_shah
JUN 9, 2020 BTCUSD PREPARING TO MOVE Bitcoin appears to be preparing for a large directional move as the number one cryptocurrency trades within an increasingly narrow price range. Medium-term bulls may be preparing to attack towards the $10,500 resistance level again this week. Technical analysis highlights that a breakout under the $9,200 level could see the BTCUSD pair testing towards the $8,700 support area. The BTCUSD pair is only bullish while trading above the $9,200 level, key resistance is found at the $10,100 and the $10,500 levels. If the BTCUSD pair trades below the $9,200 level, sellers may test the $9,000 and $8,700 support levels. Twitter.com/sreedhushah Instagram.com/sreedhu_shah
BTCUSD WATCHING $10,000 Next price level?? Bitcoin has started to move to the upside again after finding more dip-buying interest around the $9,500 support area yesterday. If BTCUSD bulls can close the week above the $10,000 resistance level then the cryptocurrency could surge higher next week. Overall, medium-term bulls could rally the BTCUSD pair towards the $11,600 and finally the $14,000 resistance level. The BTCUSD pair is only bullish while trading above the $9,200 level, key resistance is found at the $10,000 and the $11,100 levels. If the BTCUSD pair trades below the $9,200 level, sellers may test the $9,000 and $8,700 support levels. Twitter.com/sreedhushah