{"id":134966,"date":"2018-10-05T09:38:39","date_gmt":"2018-10-05T13:38:39","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=134966"},"modified":"2018-10-05T06:40:56","modified_gmt":"2018-10-05T10:40:56","slug":"fibonacci-retracements-analysis-05-10-2018-bitcoin-ethereum","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/10\/fibonacci-retracements-analysis-05-10-2018-bitcoin-ethereum\/","title":{"rendered":"Fibonacci Retracements Analysis 05.10.2018 (BITCOIN, ETHEREUM)"},"content":{"rendered":"
October 5, 2018<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

BTCUSD, \u201cBitcoin vs US Dollar\u201d<\/strong><\/p>\n

As we can see in the H4 chart, after reaching the retracement of 50.0%, BTCUSD has started consolidating in the form of the\u00a0Triangle<\/em>\u00a0pattern. If the instrument breaks this pattern to the upside, the price may grow to reach the retracements of 61.8% and 76.0% at 6911.00 and 7093.00 respectively; if to the downside \u2013 trade downwards to test the low at 6102.20.<\/p>\n

\"BTCUSD1\"
\n\"Risk<\/p>\n

In the H1 chart, the pair is trading between the support and resistance levels at 6411.10 and 6755.65 respectively.<\/p>\n

\"BTCUSD2\"
\n\"Risk<\/p>\n

 <\/p>\n

ETHUSD, \u201cEthereum vs. US Dollar\u201d<\/strong><\/p>\n

As we can see in the H4 chart, after reaching the retracement of 23.6%, ETHUSD started consolidating in the form of the\u00a0Triangle<\/em>\u00a0pattern and has already reached the retracement of 50.0%. If the instrument breaks this pattern to the downside, the price may continue falling towards the next downside targets, which may be the retracements of 61.8% and 76.0% at 200.45 and 187.75 respectively; if to the upside \u2013 trade upwards to break the high at 254.14 and then the retracement of 38.2% at 300.00.<\/p>

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Free Reports:<\/p><\/div>\r\n

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\"ETHUSD1\"
\n\"Risk<\/p>\n

In the H1 chart, the pair is trading between the resistance and support levels at 233.70 and 210.60 respectively.<\/p>\n

\"ETHUSD2\"
\n\"Risk<\/p>\n

Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Attention!<\/strong>
\nForecasts presented in this section only reflect the author\u2019s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.<\/p>\n","protected":false},"excerpt":{"rendered":"

Article By RoboForex.com BTCUSD, \u201cBitcoin vs US Dollar\u201d As we can see in the H4 chart, after reaching the retracement of 50.0%, BTCUSD has started consolidating in the form of the\u00a0Triangle\u00a0pattern. If the instrument breaks this pattern to the upside, the price may grow to reach the retracements of 61.8% and 76.0% at 6911.00 and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-134966","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/134966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=134966"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/134966\/revisions"}],"predecessor-version":[{"id":134968,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/134966\/revisions\/134968"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=134966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=134966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=134966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}