Throughout 2019, we observed a deep correction, which is already coming to an end, which means it's time to consider purchases. On BTC, we observed an impulse from the end of March to the end of June, a similar picture was on ETH, as a correlating tool. In BTC, the impulse ended at 13346, which is the level of 0.618 in Fibo. After that, the correction of this impulse went and now we stopped at about 0.618 and are near the level of 0.786, which passes around 5800. I allow punctures to the level of 0.786 and lower up to 5000. You can open purchases now. The minimum zone where it is possible to fix part of the profit 13350-16100 in the medium term, which is the levels of 0.618 / 0.786. Rationally stop can be set at 4230, which is a fairly strong level. According to the Ethereum growth targets of 1100 and 900, a part of the profit should be recorded at these levels, the rest is a hold. Stop can be set at the psychological mark of 50, 47-49. Area for purchase is 80-200. According to Binance Coin, I also have high hopes, to open purchases in the zone 12-16, stop set at 8. Expected target 50.
Attached graphics below to make it more clear. Also, subscribe to our NOMO Trade channel in a telegram to receive more analytics and trading recommendations.
Graph on #BITCOIN www.tradingview.com/x/zRJYyuSl/ / (Dynamic idea)
Graph on #ETH https://www.tradingview.com/x/hn0QyPRD/ / (Dynamic idea)
Graph on #BNB https://www.tradingview.com/x/i8beIIuO/ / (Dynamic idea)