April 20, 2024

Do not rush to buy bitcoin, buy better ether :)

Good afternoon dear friends!

Today, as usual, I have prepared several forecasts for you. Let'sconsider with you the situation with such trading instruments as EURUSD, USDJPY, BTCUSD and ETHUSD.

EURUSD

</strong>Well, let's start with EURUSD!

As we can see, EURUSD will soon come to prettya strong resistance zone, at about 1.1, which is formed by an inclined resistance line and a resistance level of 1.0995. Plus, the trend remains falling.

Therefore, I predict that the price, having reached the resistance zone indicated above, will eventually go down, approximately to the support level of 1.09

Do not rush to buy bitcoin, buy better ether :)

USDJPY

</strong>USDJPY is now moving towards a strong resistance line at 107.8. This is a fairly strong line, from which I have already predicted a fall 2 times.

Therefore, if the price reaches it, then I think you can safely open the shorts with the aim of supporting level 107.

Do not rush to buy bitcoin, buy better ether :)

BTCUSD

</strong>

As you can see, BTCUSD broke through the resistance line and went up.

I predict that the price will eventually reach the resistance zone of 8750 - 8880. After that, I expect BTCUSD to begin to fall, approximately to the support level of 8240

Do not rush to buy bitcoin, buy better ether :)

ETHUSD

</strong>And finally, a small forecast for ETHUSD.

As you can see, the price has broken through the former resistance level of 190, which is now support.

But I predict that in the end the price will return tohim. And having already reached this support zone (support level + inclined support line), ETHUSD will begin to rise up, approximately to the resistance level 202

Do not rush to buy bitcoin, buy better ether :)

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And for today, dear friends, that’s it!

Good trading and profit to all!