Bitcoin & Ethereum – Market Review Monday November 14th

Bitcoin Analysis – Medium Term

Outbreak of critical support, which supported the prices fantastically. Located at $18,500. The light is big and the volumes strong: the sellers are regaining control. The first target remains the Fibonacci extension at $14,615.

Bitcoin Analysis – Short Term

After the two strong candles on Tuesday and Wednesday, prices ended up producing a technical rebound. The locks on these two days remain one first short-term support before Fibonacci extension. Also there The Fibonacci extension is the first support.

Ethereum Analysis – Medium Term

Prices remained blocked by the weekly Kijun and medium-term resistance. Closure is less catastrophic than Bitcoin as prices are still supported by the Fibonacci ratio at $1,207. It is necessary to consider $994 if this support breaks.

Ethereum Analysis – Short Term

Also there, $1,207 plays a key role. Prices must absolutely defend that to maintain any hope of a recovery towards $1,377 which remains the technical zone to push into to turn the tide.

Dollar analysis – medium term

Big turnaround after falling inflation figures. This provides a sell technical signal with a breakout of the weekly Kijun. MACD is also crossing to the downside, confirming this signal..

Dollar analysis – short term

Same situation as in the medium term, with first support now placed at 105 points.

Invest smartly in cryptocurrencies without investing your own time? It is now possible with CryptoTrader™, a powerful fully automated algorithmic trading tool.


Cryptocurrency trading involves a high level of risk and may not be suitable for everyone. It is recommended that you fully inform yourself of the risks involved and only invest amounts that you can afford to lose.

The content offered on the CryptoActu.com website is for educational and informational purposes only. They in no way constitute recommendations and cannot be regarded as an invitation to trade in financial instruments.

The CryptoActu.com site does not guarantee the results or performance of the presented financial instruments. We therefore disclaim any responsibility for the use of this information and the consequences that may arise from it.

Leave a Comment