Article By RoboForex.com
BTCUSD, “Bitcoin vs US Dollar”
The H4 chart hasn’t changed much over the past week. The descending wave was followed by new growth. In the nearest future, BTCUSD may fall to reach 50.0% and 61.8% fibo at 10477.00 and 10085.00 respectively in order to extend the correction. After finishing the correction, the next rising wave may be heading to break the high at 12137.00 and then continue trading upwards to reach the fractal high at 13857.00.
In the H1 chart, the pair is correcting to the upside after completing another descending impulse, which reached 50.0% fibo. After finishing the correction, the pair may resume growing towards 61.8% fibo at 10885.00. If the asset breaks this level, the instrument may continue trading upwards to reach 50.0% and 61.8% fibo at 10477.00 and 10085.00 respectively.
Free Reports:
Download Our Metatrader 4 Indicators – Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter
Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.
ETHUSD, “Ethereum vs. US Dollar”
As we can see in the H4 chart, after testing and breaking 23.6% fibo, Ethereum has finished the correction by updating its previous high. The next upside targets are inside the post-correctional extension area between 138.2% and 161.8% fibo at 450.05 and 471.30 respectively. The support is at 323.97.
In the H1 chart, after breaking the high, the pair is starting a pullback to test it from above. The upside targets are inside the post-correctional extension area between 138.2% and 161.8% fibo at 450.05 and 471.30 respectively.
Article By RoboForex.com
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
- Iran wants to maintain the blockade of the Strait of Hormuz until the United States closes all its bases in the Middle East Mar 13, 2026
- USD/JPY at Highest Since July 2024: Market Awaits BoJ Intervention Mar 13, 2026
- Oil continues to rise despite record strategic reserve releases by the IEA Mar 12, 2026
- Gold Moderately Lower as Market Pressures Intensify Mar 12, 2026
- IEA deploys strategic reserves to halt soaring oil prices Mar 11, 2026
- GBP/USD Managed to Rise, but Pressure Factors Remain in Place Mar 11, 2026
- Trump signals de-escalation in the Middle East; China’s trade surplus hits a new record Mar 10, 2026
- EUR/USD in Turbulence: Market Questions When Conflict Over Iran Will End Mar 10, 2026
- Prices push oil above $100 per barrel Mar 9, 2026
- COT Metals Charts: Speculator Bets led by Silver, Gold & Platinum Mar 7, 2026
