Monfex

Monfex Updated 

Hello, Traders! Monfex is at your service and today we overview BTC/USD. What do you expect from Bitcoin ? At the moment, BTC are under the volume resistance zones. RSI has an clear uptrend, which convinces us to look more towards the bulls. MA100 - our support line and BTC has support price zone ~$ 8,185. The possible formation of the double bottom and the...

Monfex Updated 

Hello, Traders! Monfex is at your service and today we overview BTC/USD . What do you expect from Bitcoin ? At the moment, BTC are in the volume and price resistance zones. RSI with a bearish divergence short-term, but with more bullish divergence and an uptrend, which convinces us to look more towards the bulls. The possible formation of the double bottom...

Monfex Updated 

Monfex is at your service and today we overview ETH/BTC with ETH/USD. What do you expect from Ethereum ? ETH / BTC It has recently touched the support line with a false breakdown of it, but this may be for us as a sign, a warning. RSI is overbought. There is a strong level near 0.0180 and it is as our target for a short on the breakdown support line near ...

Monfex Updated 

Hello, Traders! Monfex is at your service and today we overview ETH/USD . What do you expect from Ethereum ? In the mid-term, there are 3 points of resistance: the middle line of the downward channel along with MA100; price and psychological resistance ~ $ 200 ; volume resistance along with the downward channel resistance line. RSI is...

Monfex Updated 

Hello, Traders! Monfex is at your service and today we overview AAPL. What do you expect from Apple ? Loud presentation, nothing special, no new products, no revolutionary technologies... Stocks simply continue to grow, the artificiality of this growth is very felt. On the chart, we see how a small bullish flag was formed, inside a large ascending channel,...

Monfex

Hello, Traders! Monfex is at your service and today we overview EUR/USD . Recently EUR/USD has broken the support level and it is going to reach the bottom line of the descending channel . The touchs frequency of this line is accelerated and it seems that after third one there will be a good rebound, it will be support with RSI bullish div that we have already...

Monfex

Hello, Traders! Monfex is at your service and today we overview LTC/USD . What do you expect from Litecoin ? LTC dropped well, formed a triangle and can be pulled closer to the nearest resistance, it is the ex-support zone near $ 62 and 50% Fibonacci level near $ 65.3 . But! You need to act only by some breakout of the resistance with crossover MA50...

Monfex

Hello, Traders! Monfex is at your service and today we overview XAU/USD. What do you expect from Gold? The classic pattern Head & Shoulders here. And XAU for now in the resistance zone, it is a pullback testing. So the best time to open short is now. Active Trade Signal by XAU/USD - Sell now near $ 1484,6 - Take profit ~ $ 1448,6 - 1433,6 - 1403 - Stop...

Monfex

Hi, Traders ! Monfex is on the air ! We are going to reveal a hidden opportunity in Dash - the real crypto armchair wizard. Earlier in September, Coinbase announced its listing of cryptocurrency Dash following an exploration period. Take a look at 1W Chart of Dash: * Dash continues within the descending motion, though it has noticeably sped down . * The...

Monfex

Hi, Traders ! Monfex is at your service ! BCH has somewhat followed the falling pattern of its Bigger Brother, though it remains less volatile. * Sharp sell-off caused Bitcoin Cash losing around $90 or 30% in value just within few hours. * On the downside, this huge drop harmed the value of the Crypto itself. * But from the other side, it created very attractive...

Monfex

Hi, Traders ! Monfex is at your service ! Bitcoin is under severe pressure: bears keep pushing on aiming to knock bullish Support area around $7,500 - $8,000 to pieces. From the technical standpoint, it still looks like a protracted correction and it is quite hard to descry the point of market equilibrium, so we need to get additional confirmation before...

Monfex Updated 

Hello, Traders! Monfex is at your service and today we overview BTC Dominance. Turning point? We are located near the resistance line. Will it hold on? Very likely. The market firmly pushed off the resistance line! Short-term, perhaps we will pull up to 70,70 % and there will be a likely rebound in the target zone ~ 66,40 % . MA100 acts like support and...

Monfex Updated 

Hello, Traders! Monfex is at your service and today we overview BTC/USD. Bitcoin short-term TA conclusion: It has a great impulse, and correction in the descending channel . Now BTC is moving in the small triangle that can outcome to the resistance line and MA100 with bounce down from it or breakdown and go to the line below more faster. Share your thoughts,...

Monfex

Hi, Traders ! Monfex is at your service ! What is going on with Bitcoin so far ? * The battle between bulls and bears around $8,000 is not calming down, and the spring really becomes clenched. * The price has temporarily stopped by the middle of 1D descending channel signalling that market participants took a break in order to determine a further direction. *...

Monfex

Hi, Traders ! Look what happened with Ripple during the last days: * Against the widespread fall of main cryptos, Ripple proved to have a strong back. * XRP rolled down to not lower than $0.2150, where acute buyers stepped in and drove it quickly up to $0.2500. * The huge Volume clearly designates the Area of high buying interest. * We think that Ripple is one...

Monfex

Hi, Traders ! Monfex is at your service ! Take a look at our Update on Bitcoin: * The battle between bulls and bears is unfolding around $8,000 level as we predicted. * There is a broad accumulation around $8,000 pointed out on the Chart. It obviously stands out for the preservation of the bullish tendency. * Bears need to put forth tremendous effort to...

Monfex Updated 

Hello, dear Forex-trader ! Monfex provide this analysis special for You ! Simple Technical Analysis here: Short from the resistance lines & levels and you will have profit with some money-risk managment. MACD at intersection with MAs more in some bearish positions. Active Trade Signal - Target zone at 0,10060 - 0,09860 - Stop at 0,10690...

Monfex Updated 

Hey traders, The doldrums are finally over for Bitcoin bulls, and there’s a good reason to believe it’ll stick! There are 3 strong catalysts pushing the leading cryptocurrency into an upward trend. First , Bitcoin demand has risen twice as high as supply on major exchanges, and trade volumes are up 221% month-over-month. Second , there’s good historical...