F1Cryptos

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About F1Cryptos

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    england
  1. Markets Roundup by F1Cryptos

    Ethereum inched higher on Monday, increasing the price of digital currency to more than $850.00 after some key economic releases. The technical bias remains bullish because of a higher high in the recent upside move. Ether Technical Analysis As of this writing, the digital currency is being traded near $851. A hurdle can be noted near $900, a key psychological level ahead of $1065, a key trendline resistance on the daily chart and then $1379, the high of the last major upside move. A break and daily closing above the $1400 level shall trigger renewed buying interest, validating a rally towards the $1440 resistance zone. On the downside, a support may be noted around $567, an immediate horizontal support ahead of $500, the psychological level as well as another key horizontal support area and then $400, another major psychological number. The technical bias shall remain bullish as long as the $567 support area is intact. US Payrolls Report The ADP national employment report showed private sector employment rose by 234,000 jobs in January, beating economists’ expectations for an increase of only 185,000. December’s payrolls count was revised down to 242,000 from 250,000. Manufacturing added 12,000 jobs last month and construction payrolls increased 9,000 despite bitterly cold temperatures in many parts of the country. There were also widespread job gains in the private services sector. The ADP report is jointly produced with Moody’s Analytics. It, however, has a poor record predicting the private payrolls component of the government’ more comprehensive employment report. The Department of Labor will publish January’s employment report on Friday. Trade Idea Considering the overall technical and fundamental outlook, buying the digital currency around current levels appears to be a good strategy in short to medium term.
  2. Markets Roundup by F1Cryptos

    Bitcoin inched higher on Friday, increasing the price of digital currency to more than $9000 after some key economic releases. The technical bias remains bearish because of a lower low in the recent downside move. Bitcoin Technical Analysis As of this writing, the digital currency is being traded near $9986. A hurdle can be noted near $10000, a key psychological level ahead of $11194, 50% fib level on the daily chart and then $19468, the high of the last major upside move. A break and daily closing above the $19468 level shall trigger renewed buying interest, validating a rally towards the $21000 resistance zone. On the downside, a support may be noted around $8159, an immediate horizontal support ahead of $7000, the psychological level as well as another key horizontal support area and then $5559, the low of the last major downside move. The technical bias shall remain bearish as long as the $20000 resistance area is intact. Bitcoin inched higher on Friday, increasing the price of digital currency to more than $9000 after some key economic releases. The technical bias remains bearish because of a lower low in the recent downside move. Bitcoin Technical Analysis As of this writing, the digital currency is being traded near $9986. A hurdle can be noted near $10000, a key psychological level ahead of $11194, 50% fib level on the daily chart and then $19468, the high of the last major upside move. A break and daily closing above the $19468 level shall trigger renewed buying interest, validating a rally towards the $21000 resistance zone. On the downside, a support may be noted around $8159, an immediate horizontal support ahead of $7000, the psychological level as well as another key horizontal support area and then $5559, the low of the last major downside move. The technical bias shall remain bearish as long as the $20000 resistance area is intact. US Payrolls Report The ADP national employment report showed private sector employment rose by 234,000 jobs in January, beating economists’ expectations for an increase of only 185,000. December’s payrolls count was revised down to 242,000 from 250,000. Manufacturing added 12,000 jobs last month and construction payrolls increased 9,000 despite bitterly cold temperatures in many parts of the country. There were also widespread job gains in the private services sector. The ADP report is jointly produced with Moody’s Analytics. It, however, has a poor record predicting the private payrolls component of the government’ more comprehensive employment report. The Department of Labor will publish January’s employment report on Friday. Trade Idea Considering the overall technical and fundamental outlook, buying the digital currency around current levels appears to be a good strategy in short to medium term.
  3. Markets Roundup by F1Cryptos

    Litecoin inched higher on Thursday, increasing the price of digital currency to more than $200 after some key economic releases. The technical bias remains bullish because of a higher high in the recent upside move. Litecoin Technical Analysis As of this writing, the digital currency is being traded near $225. A hurdle can be noted near $250, a key psychological level ahead of $306, 23% fib level on the daily chart and then $369, the high of the last major upside move. A break and daily closing above the $369 level shall trigger renewed buying interest, validating a rally towards the $400 resistance zone. On the downside, a support may be noted around $138, an immediate horizontal support ahead of $100, the psychological level as well as another key horizontal support area and then $57, a major trendline support. The technical bias shall remain bullish as long as the $100 support area is intact. US Payrolls Report The ADP national employment report showed private sector employment rose by 234,000 jobs in January, beating economists’ expectations for an increase of only 185,000. December’s payrolls count was revised down to 242,000 from 250,000. Manufacturing added 12,000 jobs last month and construction payrolls increased 9,000 despite bitterly cold temperatures in many parts of the country. There were also widespread job gains in the private services sector. The ADP report is jointly produced with Moody’s Analytics. It, however, has a poor record predicting the private payrolls component of the government’ more comprehensive employment report. The Department of Labor will publish January’s employment report on Friday. Trade Idea Considering the overall technical and fundamental outlook, buying the digital currency around current levels appears to be a good strategy in short to medium term.
  4. Markets Roundup by F1Cryptos

    Ethereum inched higher on Wednesday, increasing the price of digital currency to more than $850.00 after some key economic releases. The technical bias remains bullish because of a higher high in the recent upside move. Ether Technical Analysis As of this writing, the digital currency is being traded near $853. A hurdle can be noted near $900, a key psychological level ahead of $1065, a key trendline resistance on the daily chart and then $1379, the high of the last major upside move. A break and daily closing above the $1400 level shall trigger renewed buying interest, validating a rally towards the $1440 resistance zone. On the downside, a support may be noted around $567, an immediate horizontal support ahead of $500, the psychological level as well as another key horizontal support area and then $400, another major psychological number. The technical bias shall remain bullish as long as the $567 support area is intact. US Payrolls Report The ADP national employment report showed private sector employment rose by 234,000 jobs in January, beating economists’ expectations for an increase of only 185,000. December’s payrolls count was revised down to 242,000 from 250,000. Manufacturing added 12,000 jobs last month and construction payrolls increased 9,000 despite bitterly cold temperatures in many parts of the country. There were also widespread job gains in the private services sector. The ADP report is jointly produced with Moody’s Analytics. It, however, has a poor record predicting the private payrolls component of the government’ more comprehensive employment report. The Department of Labor will publish January’s employment report on Friday. Trade Idea Considering the overall technical and fundamental outlook, buying the digital currency around current levels appears to be a good strategy in short to medium term.
  5. Markets Roundup by F1Cryptos

    Bitcoin inched lower on Tuesday, decreasing the price of digital currency to less than $8600 after some key economic releases. The technical bias remains bearish because of a lower low in the recent downside move. Bitcoin Technical Analysis As of this writing, the digital currency is being traded near $8562. A hurdle can be noted near $10000, a key psychological level ahead of $11194, 50% fib level on the daily chart and then $19468, the high of the last major upside move. A break and daily closing above the $19468 level shall trigger renewed buying interest, validating a rally towards the $21000 resistance zone. On the downside, a support may be noted around $8159, an immediate horizontal support ahead of $7000, the psychological level as well as another key horizontal support area and then $5559, the low of the last major downside move. The technical bias shall remain bearish as long as the $20000 resistance area is intact. US Payrolls Report The ADP national employment report showed private sector employment rose by 234,000 jobs in January, beating economists’ expectations for an increase of only 185,000. December’s payrolls count was revised down to 242,000 from 250,000. Manufacturing added 12,000 jobs last month and construction payrolls increased 9,000 despite bitterly cold temperatures in many parts of the country. There were also widespread job gains in the private services sector. The ADP report is jointly produced with Moody’s Analytics. It, however, has a poor record predicting the private payrolls component of the government’ more comprehensive employment report. The Department of Labor will publish January’s employment report on Friday. Trade Idea Considering the overall technical and fundamental outlook, buying the digital currency around current levels appears to be a good strategy in short to medium term.
  6. Markets Roundup by F1Cryptos

    Litecoin inched higher on Monday, increasing the price of digital currency to more than $150 after some key economic releases. The technical bias remains bullish because of a higher high in the recent upside move. Ether Technical Analysis As of this writing, the digital currency is being traded near $151. A hurdle can be noted near $200, a key psychological level ahead of $206, 50% fib level on the daily chart and then $369, the high of the last major upside move. A break and daily closing above the $369 level shall trigger renewed buying interest, validating a rally towards the $400 resistance zone. On the downside, a support may be noted around $138, an immediate horizontal support ahead of $100, the psychological level as well as another key horizontal support area and then $57, a major trendline support. The technical bias shall remain bullish as long as the $100 support area is intact. US Payrolls Report The ADP national employment report showed private sector employment rose by 234,000 jobs in January, beating economists’ expectations for an increase of only 185,000. December’s payrolls count was revised down to 242,000 from 250,000. Manufacturing added 12,000 jobs last month and construction payrolls increased 9,000 despite bitterly cold temperatures in many parts of the country. There were also widespread job gains in the private services sector. The ADP report is jointly produced with Moody’s Analytics. It, however, has a poor record predicting the private payrolls component of the government’ more comprehensive employment report. The Department of Labor will publish January’s employment report on Friday. Trade Idea Considering the overall technical and fundamental outlook, buying the digital currency around current levels appears to be a good strategy in short to medium term.
  7. Markets Roundup by F1Cryptos

    Ethereum inched lower on Friday, decreasing the price of digital currency to less than $800.00 after some key economic releases. The technical bias remains bullish because of a higher high in the recent upside move. Ether Technical Analysis As of this writing, the digital currency is being traded near $784. A hurdle can be noted near $800, a key psychological level ahead of $1065, a key trendline resistance on the daily chart and then $1379, the high of the last major upside move. A break and daily closing above the $1400 level shall trigger renewed buying interest, validating a rally towards the $1440 resistance zone. On the downside, a support may be noted around $567, an immediate horizontal support ahead of $500, the psychological level as well as another key horizontal support area and then $400, another major psychological number. The technical bias shall remain bullish as long as the $567 support area is intact. US Payrolls Report The ADP national employment report showed private sector employment rose by 234,000 jobs in January, beating economists’ expectations for an increase of only 185,000. December’s payrolls count was revised down to 242,000 from 250,000. Manufacturing added 12,000 jobs last month and construction payrolls increased 9,000 despite bitterly cold temperatures in many parts of the country. There were also widespread job gains in the private services sector. The ADP report is jointly produced with Moody’s Analytics. It, however, has a poor record predicting the private payrolls component of the government’ more comprehensive employment report. The Department of Labor will publish January’s employment report on Friday. Trade Idea Considering the overall technical and fundamental outlook, buying the digital currency around current levels appears to be a good strategy in short to medium term.