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CWG and Trading Central launched The Analyst Views is the world’s only financial market research solution offering the unique and invaluable combination of senior analyst expertise and automated algorithms. Our proprietary pattern recognition is constantly monitoring the market to offer you trading plans based on award-winning methodologies.

Bitcoin Cash / EuroBitcoin Cash / Euro

20211017 21:48

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Bitcoin Cash / Euro intraday: the downside prevails as long as 535.70 is resistance

Our pivot point is at 535.70.

Our preference: the downside prevails as long as 535.70 is resistance.

Alternative scenario: above 535.70, look for 551.90 and 561.60.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 528 and 533.70).

Supports and resistances:

561.60 **

551.90 *

535.70 **

529.30

521.80 last

501.90

492.30 **

482.70 *

473.10 **

Bitcoin / EuroBitcoin / Euro

20211017 21:49

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Bitcoin / Euro intraday: the downside prevails as long as 53140 is resistance

Our pivot point stands at 53140.

Our preference: the downside prevails as long as 53140 is resistance.

Alternative scenario: the upside breakout of 53140, would call for 54413 and 55170.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 52306 and 52303).

Supports and resistances:

55170 **

54413 *

53140 **

52640

52025 last

50493

49738 **

48982 *

48226 **

Bitcoin Cash / DollarBitcoin Cash / Dollar

20211017 21:49

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Bitcoin Cash / Dollar intraday: the downside prevails as long as 623.10 is resistance

Our pivot point is at 623.10.

Our preference: the downside prevails as long as 623.10 is resistance.

Alternative scenario: the upside breakout of 623.10, would call for 642.20 and 653.60.

Comment: the RSI is below 30. It could either mean that the pair is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 614.90 and 621.20).

Supports and resistances:

653.60 **

642.20 *

623.10 **

615.50

606.97 last

583.50

572.10 **

560.70 *

549.30 **

Bitcoin / YenBitcoin / Yen

20211017 21:49

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Bitcoin / Yen intraday: the downside prevails as long as 7084300 is resistance

Our pivot point stands at 7084300.

Our preference: the downside prevails as long as 7084300 is resistance.

Alternative scenario: the upside breakout of 7084300, would call for 7254200 and 7355400.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 6941272 and 6971999).

Supports and resistances:

7355400 **

7254200 *

7084300 **

7017600

6904900 last

6699600

6599200 **

6498800 *

6398400 **

Bitcoin / South Korean wonBitcoin / South Korean won

20211017 21:50

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Bitcoin / South Korean won intraday: under pressure below 76235200

Our pivot point stands at 76235200.

Our preference: under pressure below 76235200.

Alternative scenario: the upside breakout of 76235200, would call for 77785800 and 78708800.

Comment: the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 74788833 and 74975180).

Supports and resistances:

78708800 **

77785800 *

76235200 **

75626000

74581755 last

72704700

71787500 **

70870400 *

69953300 **


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