empty
 
 
Você está prestes a sair
www.instaforex.eu >
de um site operado pela
INSTANT TRADING EU LTD
Abrir Conta

30.07.201908:05 Forex Analysis & Reviews: Technical analysis of BTC/USD for 30/07/2019:

Essas informações são fornecidas a clientes profissionais e de varejo como parte da comunicação de marketing. Elas não contêm e não devem ser interpretadas como consultoria, recomendação de investimento ou uma oferta ou solicitação para se envolver em qualquer transação ou estratégia em instrumentos financeiros. O desempenho passado não é uma garantia ou previsão de desempenho futuro. A Instant Trading EU Ltd. não se responsabiliza pela exatidão ou integridade das informações fornecidas, ou por qualquer perda decorrente de qualquer investimento com base em análises, previsões ou outras informações fornecidas por um funcionário da Empresa, ou de outra forma. O termo de responsabilidade completo está disponível aqui.

Crypto Industry News:

The Iranian government allowed the extraction of cryptocurrency by treating mining as an industrial activity.

The decision was made this weekend, during the Sunday session of the Cabinet under the leadership of Iranian President Hassan Rouhani. Now that the cryptocurrency mining has been officially approved, entities involved in the operation will need to obtain a license from the Iranian Ministry of Industry, Mine and Trade, as noted in the report.

Financial media say that many experts interpret this move as the first step towards legalizing crypts in Iran, noting the potential use of the asset class to offset the paralyzing impact of US sanctions on the country.

Reportedly, the government's decision emphasized that the use of cryptocurrencies in domestic transactions remains prohibited, and those involved in the industry should be responsible for the risk without any guarantees from the government or the local banking sector.

Subsidized electricity rates - currently in the amount of half a cent per kilowatt - in Iran allegedly even prompted miners from mining centers, such as China, to relocate to the country.

The Iranian Electricity Industry Syndicate recently revealed its intention to raise electricity prices to 7 cents per kilowatt for miners. Officials were still debating how to deal with the growing popularity of operations in the country, and one government minister noted that Iran has become a heaven for miners.

Technical Market Overview:

The BTC/USD pair has been trading inside of the narrow trading range between the levels of $9,305 - $9,661 for quite some time now. There is no indication of a possible breakout higher, but only a sustained breakout above the trendline might be the clue from the market that the wave C is completed and now it is a time for another impulsive rally. The next technical resistance is seen at the level of $10,166.

Weekly Pivot Points:

WR3 - $11,468

WR2 - $11,040

WR1 - $10,062

Weekly Pivot - $9,661

WS1 - $8,704

WS2 - $8,287

WS3 - $7,289

Trading recommendations:

The best strategy in the current market conditions is to trade with the larger timeframe trend, which is still up. All the shorter timeframe moves are being treated as a correction inside of the uptrend. The larger degree WXY correction might have been completed and the market might be ready for another impulsive wave up.

Exchange Rates 30.07.2019 analysis

Sebastian Seliga
Analytical expert of InstaForex
© 2007-2024

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.



Agora você está saindo do www.instaforex.eu, um site operado pela INSTANT TRADING EU LTD
Não pode falar agora?
Faça sua pergunta no chat.

Turn "Do Not Track" off