Pay attention to the behavior of the curve the total market capitalization of crypto-currencies – Wednesday, June 13, consolidating in a small range. However, the overall tendency of decrease may 2018 is not interrupted and does not change. That is, the current suspension of the fall, yet strong buyer, considered as a preparation for a new round of sales.
Since the beginning of the trading day leading ten cryptocurrencies mostly in the black, but a slight optimism with a maximum growth of less than 1%. The drawdown on some of the assets does not exceed 1%.
Purchase $7000-7034 is only possible if the price can hold above $6600.
For today trading opportunity may appear when breaking down the uptrend line from June 13. A break-down of $493 will cause sales to $463.
Use for making trading decisions $10,7000. A break up can be a reason to buy the asset for $11,0049. Hang down (and the strong sales) will be an occasion of short positions to the support of $10,2000.
Working today and tomorrow on the rebound from the level of $193,60. Bidding higher can be the reason to buy the asset for $207,40 (the probability of scenario 30%). If the price will go under the trend line from June 13 – sale for $174-180.
Since we do not expect high volatility today and tomorrow, but also permitted the option of reducing the value of the cryptocurrency as a priority – I propose to work on the key levels that have been formed on the market in recent days. For example, the achievement of resistance $of 127.95 and hang down will cause sales to $122,16. If the price will go sharply higher $of 127.95, the upside target lies at $132,20. In the fall of quotes below the level of $122,16 goal down to $116,20.
Maria Salnikova, an independent currency strategist, especially for CoinSpot
My channel for traders with trading signals in real time: http://clc.la/mariacoinspot
The review reflects the subjective position of the analyst Coinspot subject to personal trading style. Trading operations with cryptocurrency are increased risks due to the nature of the market. The editorial Board does not bear ответствbенности for your trading decisions and recommends trading only to those funds, the loss of which will not be critical.