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  • Writer's pictureShivkumar

13th Feb Crypto Technical & Market Watch

(By Shivkumar)

 

1) BTC/USD

Bitcoin trading above at $10,360.89 and if successful can rally to $11,500.If there are no correction than it can also retest lifetime high of at $13,973.50.Bearish below $ 9520 and further can sink below $9,097.15. Traders can retain the stop loss on the remaining buy positions at $8,900. The stops can be trailed higher after the price sustains above $10,360.89.

2) ETH/USD

Ether has broken the level at $235.70 and bulls are going strong. The next level to watch out for is $289.221 and above it $318.238.Bearish from the current level, and breakout of $ 235.Traders can trail the stop-loss on the remaining buy positions to $210.


3) XRP/USD

XRP is positively rallying and the next level to watch out for is $0.31503.If it breaks these level next level a target objective of $0.45538.Bearish below $0.31503 and the most recent low of $0.26362. Therefore, the stops on the buy positions can be trailed to $0.26.


4) BCH/USD

Bitcoin Cash has rallied up move. It can break the psychological resistance at $500 and target $522.Bears can defend the $500 to $522 range.Break below $ 522 will be the sign of bearish.

Disclosure: The author holds no cryptocurrency at the time of writing.

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FOREX - CRYPTOCURRENCY

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