Trading Analysis: On an intraday, view long above 1,837 till the near of 1,875 in the grey marked OB.
Alternatively users could short below 1,836.2 with TP 1,819, 1,814 and 1,810. Presently the market seems pretty bullish in momentum on intraday.
Trading Analysis: For the best intraday long positions above 133.2 with targets 134.7 and 135.8.
Alternatively, look for shorts only after 133.0 with targets 132.5 and 131.9
Moreover on Longer TF and positional traders, the short is still valid from the previous days.
Trading Analysis: As per the longer TF, the price was rejected from the Grey OB. So positional traders can stay and look for more down momentum for profits.
For the intraday, the long positions in the yellow marked area started from 115.23 to 115.69 with targets 118.32 and 119.21 respectively
Alternatively, users can look for shorts below 115.00 with a target of 113.8; after breaking the marked trendline and yellow Support area, look towards 110 respectively.
Disclaimer: Crypto products are unregulated and could be highly volatile. Please be aware of the risks before investing.
DIFX shall not be responsible for any loss arising from any investment based on any recommendation, forecast or other information herein contained. The contents of this publication should not be construed as an express or implied promise, guarantee, or implication by DIFX that the forecast information will eventuate, that clients will profit from the strategies herein or that losses in connection therewith can or will be limited. Trades in accordance with the recommendations in an analysis, especially leveraged investments such as foreign exchange trading and investment in derivatives, can be very speculative and may result in losses in particular if the conditions or assumptions used for the forecast or mentioned in the analysis do not eventuate as anticipated and the forecast is not realized.