Ethereum Ignites: Fusaka Upgrade Unleashes 9× Scalability as ETH Holds Strong Above $3,100 – Bull Run Reloaded 
Bitcoin Defies Gravity Above $93K Despite Missing Retail FOMO – ETF Inflows Return & Whales Accumulate: Buy the Dip to $100K 
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support 
Bitcoin Smashes $93K as Institutions Pile In – $100K Next? 
Bitcoin Reserves Hit 5-Year Low as $2.15B Exits Exchanges – Bulls Quietly Loading the Spring Below $100K 
FxWirePro- Major Crypto levels and bias summary 
ETHUSD Finds Its Footing: Buy the Dip for a Potential Surge Toward $3600 
FxWirePro- Major Crypto levels and bias summary 
BTC/EUR is seen trading upwards on Wednesday. The pair breaks minor resistance around 649 and jumped till 666 levels (COINBASE). It is currently trading around 660 at the time of writing.
Ichimoku analysis of daily chart shows:
Tenkan-Sen level: 642.50
Kijun-Sen level: 621.37
Trend reversal level - (100 day MA) – 556.78
Long-term trend remains to be bullish. In the daily chart, BTC/EUR trades slightly above 61.8% retracement and jump till 673/683.
Major resistance is around 673 (161.8% retracement of 625 and 655) and any violation above will take the pair till 683.11 (88.6% retracement of 715 and 434.58)/700. Short-term support is seen at 642 (daily Tenken-Sen) and any break below targets 624.45 (21- day MA)/610.
- News
- Economy
- Central Banks
- Investing
- Research
- Roundups
- Digital Currency
- Insights
- Technical Analysis
- Technology
- Business
- Law
- Health
- Nature
- Fintech
- Science
- Topic
- Opinions
- ©Econometrics LLC . All Rights Reserved.
BTC/EUR trades slightly above 61.8% fibo, jump till 700 likely
Wednesday, November 9, 2016 6:32 AM UTC
Editor's Picks
- Market Data
Most Popular
