ANALYSIS of CRYPTOCURRENCY PAIRS of BTC/USD, ETH/USD, XRP/USD ON 13.04.2018

in #ua7 years ago

001497.png In our yesterday's prognosis we talked that if to break through the level of resistance the cost of удасться sliding middle EMA55, then the Re-test of level of 78.6% фибоначи (7104.00 USD) is fully credible. However yesterday events got the development yet more. 78.6% фибо business did not make off a Re-test. A price broke through this level of resistance grew, while did not attain a maximum on a mark 8069.00 USD.

The recoil of price, that met support in area of prices 7600.00 USD, followed further. From purchases proceeded here, but much in less volumes, that resulted in the height of course to 8000.00 USD.

Now a price on Bitcoin tries to be consolidated before a next impulse, in a district 7800.00usd - 7700.00usd. All question consists of what an impulse will be bovine or bear.

Many analysts draw conclusion, that a bear scenario remains actual still.

It becomes firmly established that if borders of corridor of descending trend, on daily тайм-фрэйме, to conduct through extreme points, as shown on a picture,below, then it is possible to see that the chart of cost of BTC, by a yesterday's bovine impulse, tests the high bound of corridor before a next decline.001498.png If more attentively to understand reasons of yesterday's bovine impulse, then it is possible to draw conclusion, that he was not such "unforeseeable". Let us look at the latest news in that talked about attention to the cryptocurrency investments from the side of large financial funds of George Сороса and family of Рокфеллеров. Going of such large инвест-фондов into a market always results in the splashes of волатильности course.

By another conformity to law, explaining the crossflow of monetary resources from a fund market in cryptocurrency, a theory can become about correlation between these markets. According to our calculations of coefficient of correlation of dynamics of cryptocurrency market and fund market of the USA, strong reverse dependence was set on certain temporal intervals. Calculations of coefficient correlation with Russian идексами of fund market was not conducted, but it is possible to conduct an analogy, that such reverse dependence exists. The panic of investors, caused by approvals, provoked the crossflow of part of facilities in moremore reliable instruments of investing, including in cryptocurrency.001499.png We supposed yesterday, that a bovine primer not хватит to break through strong enough level of resistance on a mark 445.00 USD for ether. But a "primer" was enough, even in an order to test a psychological level 500.00 USD and to set a maximum on a mark 502.00 USD. Naturally, that after so stormy height a price will be rolled aside to the level of support 480.00 USD and will try to be consolidated in expectant of next impulse. The sign of this impulse will depend on Bitcoin - cryptocurrency leader.

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Let's see if volume can pull us through the bear channels

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