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Ethereum price completes a positive pattern – Analysis - 18-07-2018
Ethereum price confirmed breaching 496.00 level after holding above it, to complete forming a double bottom pattern that has positive targets that reach 609.65 level mainly.
Therefore, the bullish trend will be expected in the upcoming period supported by moving above the EMA50, taking into consideration that breaking 496.00 followed by 465.00 levels will stop the expected rise and put the price within the main bearish track again.
Expected trading range for today is between 465.00 support and 570.00 resistance
Expected trend for today: Bullish
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Bitcoin price achieves strong gains – Analysis - 18-07-2018
Bitcoin price continues its strong bullish rally after confirming the completion of the double bottom pattern that its signs appear on the chart, as it moves around 7500$ barrier now, reminding you that the full target of the mentioned pattern is located at 7950.00.
MoreUSDCHF resumes rising – Analysis - 18-07-2018
The USDCHF pair bounced upwards clearly yesterday to move around 1.0000 barrier now, which supports the continuation of our bullish overview on the intraday and short term basis, waiting to breach 1.0055 level to confirm extending the bullish wave towards 1.0170 that represents our next main target.
MoreNZDUSD awaits the confirmation – Analysis - 18-07-2018
The NZDUSD pair bounced bearishly after testing 0.6827 level, to settle around 0.6774 level again, and as we mentioned in our last reports, these levels represent the next trend keys, as the price needs to breach one of them to detect its next destination clearly, which keeps our neutrality valid until now.
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