Longs need stops below 53400

Bitcoin dipped to 55900, holding simply above assist at 53600/500. Watch this degree on weak point once more in the present day.

Ripple we’re lengthy at robust assist at 10800/10700. Longs want stops under 10300.

Ethereum we’re lengthy at 3500/3450.

Every day evaluation

Bitcoin hit the following goal of 55300/500 & 57000 as we search for 58500 & maybe so far as resistance at 59400/600 in to the top of the week.

Draw back is predicted to be restricted with assist at 53600/500. Longs want stops under 53400. Robust assist at 50900/800. Longs want stops under 49500.

Ripple has paused at minor resistance at 12000/12100 to check robust assist at 10800/10700. Longs want stops under 10300. A break under right here targets 9700/9600.

Our longs at at 10800/10700 goal minor resistance at 12000/12100. A break above the excessive for the bounce at 12290 this week targets 12970/12980. Above 13000 search for 13400/500.

Ethereum holding first assist at 3500/3450 targets 3550/3600 & 3700. On additional good points search for 3830/50 earlier than a retest of the September excessive at 4000/4030.

Outlook constructive so long as we maintain first assist at 3500/3450. A break under 3350 nevertheless dangers a slide to robust assist at 3170/3150. Attempt longs with stops under 3100. 

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