{"id":163816,"date":"2020-01-24T09:15:26","date_gmt":"2020-01-24T14:15:26","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=163816"},"modified":"2020-01-24T07:45:43","modified_gmt":"2020-01-24T12:45:43","slug":"fibonacci-retracements-analysis-24-01-2020-bitcoin-ethereum","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/01\/fibonacci-retracements-analysis-24-01-2020-bitcoin-ethereum\/","title":{"rendered":"Fibonacci Retracements Analysis 24.01.2020 (BITCOIN, ETHEREUM)"},"content":{"rendered":"
January 24, 2020<\/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, the divergence made BTCUSD complete the correctional uptrend close to 38.2% fibo at 9262.00. At the moment, the pair is forming a pullback towards 23.6% fibo. After finishing the pullback, the instrument is expected to start a new rising impulse towards 50.0% fibo at 10142.00.<\/p>\n

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

The H1 chart shows more detailed structure of the current descending correction. The pair is trading towards 38.2% fibo at 8133.60 and may later reach 50.0% fibo at 7808.00. At the same time, there is a convergence on MACD. The resistance is the local high at 9183.20.<\/p>\n

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

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

As we can see in the daily chart, the correctional uptrend has reached 23.6% fibo. Possibly, ETHUSD may start a short-term pullback and then form a new rising wave towards 38.2% and 50.0% at 210.75 and 239.65 respectively. the support is the low at 116.06.<\/p>

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<\/div>\n

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

The H4 chart shows more detailed structure of the current descending correction. The pair is moving very close to 38.2% fibo at 154.90 and may continue falling towards 50.0% fibo at 147.50. The resistance is the high at 178.99.<\/p>\n

\"ETHEREUM\"<\/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, the divergence made BTCUSD complete the correctional uptrend close to 38.2% fibo at 9262.00. At the moment, the pair is forming a pullback towards 23.6% fibo. After finishing the pullback, the instrument is expected to start a new rising […]<\/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-163816","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/163816","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=163816"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/163816\/revisions"}],"predecessor-version":[{"id":163818,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/163816\/revisions\/163818"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=163816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=163816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=163816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}