THE PAIR IS FOLLOWING A CLEAR DOWNTREND FROM PREVIOUS DAYS AND WEEKS. ITS STABILIZING AT THE SUPPORT 0.84059. AFTER THIS SHORT PULLBACK WE EXPECT FOR THE PAIR TO CONTINUE IN THE PREVIOUS DOWNTREND .
In the monthly and weekly timeframes the pair is in a obvious downtrend. In the the short term after reaching the value 104.424 it found a strong bottom and retraced around the value 106. We plan to wait for the price to enter the Buy Zone and more specifically to get to 106.6 to enter the trade. -Feel free to put a like , follow or comment.
WHEN ANARCHY IS AROUND THE CORNER THE COIN OF THE ANARCHY RISES. THERE ARE THREE REASONS WHY BITCOIN IS DOING BETTER AGAINST REAL, RUPE AND YUAN THAN AGAINST THE US DOLLAR. FIRST OF ALL IS THE BLACK ECONOMY THAT IS STRIVING IN THIS COUNTRIES AND BITCOIN IS A WELL KNOWN ASSET THAT IS LIKED BY THE ILLEGAL ENTITIES THAT USE MONEY LAUNDRY SCHEMES. SECOND IS THE...
SENTIMENT REALLY BULLISH, THEY ARE HUNTING YOUR STOPS BITSTAMP:BTCUSD