{"id":135341,"date":"2018-10-12T08:55:54","date_gmt":"2018-10-12T12:55:54","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=135341"},"modified":"2018-10-12T06:37:39","modified_gmt":"2018-10-12T10:37:39","slug":"fibonacci-retracements-analysis-12-10-2018-bitcoin-ethereum","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/10\/fibonacci-retracements-analysis-12-10-2018-bitcoin-ethereum\/","title":{"rendered":"Fibonacci Retracements Analysis 12.10.2018 (BITCOIN, ETHEREUM)"},"content":{"rendered":"
October 12, 2018<\/div>
\r\n<\/div><\/div>

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 completing the descending impulse, BTCUSD is testing the low. If the instrument breaks it, the price may fall to reach the post-correctional extension area between the retracements of 138.2% and 161.8% at 5834.00 and 5664.00 respectively. The resistance level is at 6822.00.<\/p>\n

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

In the H1 chart, the pair is being corrected upwards and heading towards the retracements of 38.2%, 50.0%, and 61.8% at 6266.26, 6321.02, and 6374.00 respectively. If the price breaks the low at 6091.10, the instrument will continue trading downwards.<\/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, ETHUSD has broken the consolidation range in the form of the\u00a0Triangle<\/em>\u00a0pattern to the downside. The short-term target is the low at 166.85. If the instrument breaks this level, the price may continue falling towards the post-correctional extension area between the retracements of 138.2% and 161.8% at 134.20 and 113.30 respectively. The resistance level is at 254.14.<\/p>

\r\n
\r\n

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

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

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

In the H1 chart, the pair is being corrected and heading towards the retracements 38.2%, 50.0%, and 61.8% at 200.16, 204.65, and 209.35 respectively. If the price breaks the low at 184.38, the instrument will continue falling.<\/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 completing the descending impulse, BTCUSD is testing the low. If the instrument breaks it, the price may fall to reach the post-correctional extension area between the retracements of 138.2% and 161.8% at 5834.00 and 5664.00 respectively. The resistance […]<\/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-135341","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/135341","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=135341"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/135341\/revisions"}],"predecessor-version":[{"id":135343,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/135341\/revisions\/135343"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=135341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=135341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=135341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}