BTC/EUR. R Trader
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Thread: BTC/EUR. R Trader

  1. #1

    BTC/EUR. R Trader


    Bitcoin is a decentralized digital currency created by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009. It does not rely on a central server to process transactions or store funds.
    There are a maximum of 2,099,999,997,690,000 Bitcoin elements (called Satoshis, the unit has been named in collective homage to the original creator), which are currently most commonly measured in units of 100,000,000 known as BTC. There will only ever be 21 million Bitcoin (BTC) to ever be created.

    This instrument is available for trading on the platform R trader. You can start trading with as few as 10 USD on your trading account.

  2. #2
    Join Date
    Jul 2018
    Once BTC EUR broke below the psychological support at 3300, the price has continued to plummet into the lower support at 3110 that is still a very huge fall because around 190 point was lost, the Bollinger band indicator is still giving a clear bearish momentum, I am highly optimistic that the next destination will be 3000 but before that, a retracement to 3250 might happen. We are bearish here.

  3. #3
    The price of BTC is presently 3157.60 EUR.

    The price stays near the bottom of the local corridor, which is 3060 EUR. The price goes down during yesterday and today, i.e. during this weekend, but a longer-term thus is thus far absent. The price is below the 23.6 retracement level. 4-hours stochastic (5,3,3), according to the chart hereby attached, suggests that the downtrend is about to finish, as both lines are at 20%.

    According to the technical situation, it would be great to buy BTC at a cheap price, e.g. buy limit at $3060, but it may be impossible during the upcoming week. It is more likely to buy limit at $3120.


  4. #4
    Join Date
    Jul 2018
    BTC EUR went to 3110 before it bounced off heavily and climbed up. Currently it is trading at 3165.50 which is a a bullish continuous sign because the moment it can climb above 3200 that means the reign of the bears is temporarily over, for now we keep observing it's reaction above the upper band of the bollinger indicator, 3180 is also another resistance to watch out for while it climbs upwards.

  5. #5

    The current rate is 3560 EUR in the BTC-EUR pair. The uptrend has finished and now the side motion is underway.

    The 800-hours moving average is at 3221 EUR. Assuming that the uptrend does not evolve anymore, I would hypothesize a price decrease towards the 3400 EUR- 3200 EUR zones. However, before putting sell-orders, it is important to make sure the bearish signal is consistent and reliable (it is not yet).

  6. #6
    The current price in the BTC-EUR instrument is $3468. The rate of BTC decreased during Sunday and now the price is drawing retracement, see the chart below with indicators therein.

    The present value of a price is significantly larger than the simple moving average with a period of 800 hours, which is 3240 EUR. The 4-hours stochastic indicator (5,3,3) reflects that the price moves upwards right now.

    Since the ongoing retracement is a natural result of the previous price fall, it is possible to buy BTC now and set the TP at about 3600 EUR.

  7. #7
    The current price of BTC is 3474 EUR. After the fall on the weekend, the movement of the instrument stopped. Now the trend is absent in this pair, while the last 4-hours bar is strongly bullish.

    The price is above moving average (simple, 800 hours period), which is 3260 EUR. The stochastic (553; 4 hours) does not fall anymore. Therefore, the uptrend is more probable. Consider buying at 3 380 EUR, which is seen as a strong reliable support zone in the attached chart.

  8. #8
    BTC-EUR index price 3.435.10 still moving very tight range after free fall from top 3.775.20 to to the price resist to go further upwards and high sellers pressure on BTC-EUR,early morning daily candle start with bearish movement towards the downwards according to Bollinger bands price will fall again but batter to wait for a clear direction..

    Possible Direction ( Bearish )

  9. #9
    The current rate in the BTC-EUR instrument is 3354 EUR. The trend is somewhat bearish, but not as bearish as in BTC-USD.

    The price is in the neutral zone, see the attached chart with the 800-hours simple moving average curve attached. The price is slightly above the curve. The stochastic indicator (5,3,3, 4 hours) reflects that the downtrend finishes soon.

    It is possible to consider purchase at the closest resistance. E.g. buy limit 3260 EUR.

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