empty
 
 
it
Supporto
Apertura rapida di un conto
Piattaforma di trading
Ricaricare / Prelevare

10.02.202112:44 Forex Analysis & Reviews: Fractal analysis of Bitcoin and Ethereum for February 10, 2021

Forecast for February 10:

Analytical overview of cryptocurrencies on H1 chart:

Exchange Rates 10.02.2021 analysis

As for Bitcoin, key support levels on the H1 chart are 54,128, 51803, 49,641, 48,614, 45,957, 44,308, and 42,582. The price has been moving in the uptrend since February 7. If the price breaks through the 48,614 – 49,641 range, the uptrend will extend. In this case, the target is seen at 51,803. The price is expected to consolidate closer to this level. At the same time, if the price reaches 54,128, it will possibly pull back.

A short-term downward movement is expected in the 45,957 - 44,308 corridor. A breakout at 44,308 will lead to a deeper correction. The target is seen at 42,582, which is also the key upward support level.

The main trend is the upward trend that started on January 31, the local trend that started on February 7.

Trading recommendations:

Buy: 49,641; Take Profit: 51,803

Buy: 51,805; Take Profit: 54,128

Sell: 45,957; Take Profit: 44,310

Sell: 44,306; Take Profit: 42,582

Exchange Rates 10.02.2021 analysis

Meanwhile, key support levels for Ethereum on the H1 chart are 2051, 2002, 1891, 1851, 1715, 1672, 1604, and 1488. The price started its upward trend on February 7, which is likely to continue if the price breaks through the 1851 - 1891 range. In this case, the target will be the level of 2002. Apart from that, if the price breaks through 2051, it is likely to consolidate and pullback.

A short-term downward movement is expected in the 1715 - 1672 corridor. A breakout at 1672 will lead to a deeper correction. The target is seen at 1604, which is also the key upward support level.

The main trend is the local upward trend that started on February 7.

Trading recommendations:

Buy: 1891; Take Profit: 2002

Buy: 2004; Take Profit: 2050

Sell: 1715; Take Profit: 1672

Sell: 1670; Take Profit: 1605

*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.

Daichi Takahashi,
Analytical expert of InstaSpot
© 2007-2025
Approfittati subito dei consigli degli analisti
Deposita i fondi sul conto di trading
Apri un conto di trading

Le recensioni analitiche di InstaSpot ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaSpot, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.

In questo momento non potete parlare al telefono?
Ponete la vostra domanda nella chat.