| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

FxWirePro- Woodies Pivot(Major)

FxWirePro: GBP/NZD edges higher but bearish outlook persists

BitMine Goes Nuclear on Ethereum: Snaps Up 23,773 ETH in Days, Now Holds 3.7 Million ETH (Over 3% of Entire Supply

Woori Bank Puts Bitcoin on the Board: Korea’s Big Banks Embrace Digital Assets

NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70

FxWirePro- Major European Indices

FxWirePro- Top Trending Coins (CoinGecko)

FxWirePro- Top trending Coins (CoinGecko)

FxWirePro- Woodies Pivot(Major)

FxWirePro: USD/CAD outlook weaker on renewed downside pressure

Bitcoin Defies Gravity Above $93K Despite Missing Retail FOMO – ETF Inflows Return & Whales Accumulate: Buy the Dip to $100K

AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85

FxWirePro: USD/ZAR outlook weaker on renewed downside pressure

FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed

Bitcoin Bounces Hard: $87,592 Hit as Bulls Defend $80K – Next Stop $100K If $92K Breaks

Bitcoin’s $732B Mega-Cycle: The Institutional Maturation Supercycle Has Arrived

FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level

©Econometrics LLC . All Rights Reserved.

FxWirePro : BTC/EUR faces strong resistance around 426, good to buy at dips

Monday, January 11, 2016 7:02 AM UTC

Pattern Formed - Cup and handle

BTC/EUR has made a high of 426 and declined from that level. It is currently trading around 405.
Short term trend is bullish as long as support 370 holds
On the higher side minor resistance is around 426 and break above targets 441/455.
The pair's minor support is around 400 and break below targets 370/350.

It is good to buy at dips around 395-400 with SL around 370 for the TP of 441/455

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Cuba Reaffirms Anti-Drug Cooperation as Tensions Rise in the Caribbean

Amazon Italy Pays €180M in Compensation as Delivery Staff Probe Ends

Drones Spotted Near Zelenskiy’s Flight Path in Ireland Trigger Security Alert

Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification

FxWirePro: USD/CAD downside pressure builds, key support level in focus

FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed

FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

China’s Expanding Maritime Military Presence Alarms Taiwan and Japan

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

FxWirePro : BTC/EUR faces strong resistance around 426, good to buy at dips

Editor's Picks

Welcome to EconoTimes