In a weekend in which the market was almost immobile and a new bloody bath was foreseen, due to the fears of Binance in the European Union, the bulls have surprised us and have taken an important role.
Now it shows us some impressive 4-hour candles in currencies such as bitcoin, Ethereum and especially ICP.
Everything points to a significant recovery in altcoins, starting with Ethereum, which has had an outstanding performance in recent hours.
Let's see what it will be like for the rest of the day, with my new analysis for Cryptocurrency.
Bitcoin, on the 4H chart, has undergone a major change.
Bulls have taken control of BTC and is currently in a major resistance zone at $ 35,000, an area that between June 11 and 21 was a good support.
The bulls to break that resistance will go for the EMA of 200 periods, at $ 37,600.
Otherwise, the bears will fetch the $ 33,600 again.
Ethereum, on the 4H chart, presents a breckout to the bearish channel that it had been bringing.
The bulls have broken the bearish channel quite strongly and Everything indicates that they are going for the level of $ 2,200 which is the next resistance.
Of not achieving it, bears will look to push ETH below $ 1,950.
Classes and trading signals FREE!
If you want to learn to trade and trade as an expert in the process, we invite you to our VIP group where we offer classes and totally free trading signals.
To join you just have to follow a few simple steps:
- Sign up for StormGain with this link. With it you can get a bonus of 25 USDT tradable, with the first deposit of $ 110, by placing the code BONUS25 during registration.
- Send your account ID to the telegram of @MendozasWork. The ID is a number starting with 38xxx.
- Deposit $ 110 into your StormGain account and submit proof of your deposit to MendozasWork.
- Receive the income to our VIP group and start generating income with our free signals.
One of the advantages of our VIP group, in addition to the classes and free trading signals, is that you will have registered on Stormgain, an exchange where you can profit from each movement, rise or fall, of Bitcoin, Ethereum, XRP, Litecoin , Dash, Zcash, Monero and many other cryptocurrencies.
And this is a leveraged exchange that is revolutionizing the world of cryptocurrencies, due to its high level of leverage, ease of use and its innovative system for mining BTC in the cloud. In addition to being the official partner of the Newcastle team in the Premier League.
The best thing is that StormGain is offering 25 USDT to its new users.
This exchange has become a favorite of traders in recent years, thanks to its friendly interface, which makes trading with leverage (up to x200) very easy, even for the most novice traders.
Remember, if you follow all the steps you can enter our platform SignalsCryptocurrencies, which has already been generating great profits for its users.
They just need to follow the steps above and submit proof of deposit, along with your userid at StormGain, to the telegram of @MendozasWork.
Promotional code: BONUS25
For more information go to the group of Telegram from StormGain: https://t.me/StormgainLATAM
Analysis by analyst César Quintero for Cryptocurrency
Make sure you don't miss any important news related to Cryptocurrencies! Follow our news feed the way you prefer; via Twitter, Facebook, Telegram, RSS, or email (scroll down to the bottom of this page to subscribe). Bitcoin never sleeps. Either U.S.
Disclaimer: This press release is for informational purposes only, the information does not constitute investment advice or an offer to invest. The opinions expressed in this article are those of the author and do not necessarily represent the views of Cryptocurrency, and should not be attributed to Cryptocurrency.
Do you use Telegram? Join the best Telegram trading community to receive Exclusive Signals to Buy and Sell cryptocurrencies, access to our Free Courses, discussions and project analysis! // www.criptomonedaseico.com