{"id":153633,"date":"2019-08-16T09:15:56","date_gmt":"2019-08-16T13:15:56","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=153633"},"modified":"2019-08-16T05:50:28","modified_gmt":"2019-08-16T09:50:28","slug":"fibonacci-retracements-analysis-16-08-2019-bitcoin-ethereum","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/08\/fibonacci-retracements-analysis-16-08-2019-bitcoin-ethereum\/","title":{"rendered":"Fibonacci Retracements Analysis 16.08.2019 (BITCOIN, ETHEREUM)"},"content":{"rendered":"
August 16, 2019<\/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 daily chart, after testing 23.6% fibo at 11350.00, BTCUSD failed to continue this rising impulse and started a new descending wave towards 50.0% and 61.8% fibo at 8600.00 and 7350.00 respectively.<\/p>\n

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

In the H4 chart, the pair is about to complete the short-term pullback, which may be followed by a new descending impulse to reach 50.0% fibo at 8600.00. The resistance is at 11350.00.<\/p>\n

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

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

As we can see in the daily chart, after testing 50.0% and 61.8% fibo, ETHUSD started forming a new descending impulse; the target is 76.0% fibo at 163.20. At the same time, there is a convergence, which may indicate a possible pullback. The resistance is 50.0% fibo at 231.50.<\/p>

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<\/div>\n

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

In the H4 chart, the instrument is quickly falling and getting closer to 76.0% fibo at 163.20.<\/p>\n

\"ETHUSD\"<\/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 daily chart, after testing 23.6% fibo at 11350.00, BTCUSD failed to continue this rising impulse and started a new descending wave towards 50.0% and 61.8% fibo at 8600.00 and 7350.00 respectively. In the H4 chart, the pair is about to complete […]<\/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-153633","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/153633","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=153633"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/153633\/revisions"}],"predecessor-version":[{"id":153635,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/153633\/revisions\/153635"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=153633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=153633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=153633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}