Article By RoboForex.com
BTCUSD, “Bitcoin vs US Dollar”
On H4, the quotations rest in the post-correctional extension area of 138.2-161.8% (17660.00-20000.00) Fibo. After a swift impulse of decline, a new wave renewed the high of 19509.10 and is trying to reach and overcome a psychologically important level of 20,000. Upon breaking through this one, the quotations might rise to the local post-correctional extension area of 138.2-161.8% (20755.00-21535.50). The main support is on the fractal low of 16222.00.
On H1, there is a wave of growth developing after a correctional decline to 50.0% Fibo. A breakaway of the current high of 19917.50 will open a pathway not only to 20,000 but also to the next post-correctional extension area of 138.2-161.8% (20755.00-21535.50).
Free Reports:
Sign Up for Our Stock Market Newsletter – Get updated on News, Charts & Rankings of Public Companies when you join our Stocks 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”
On D1, the uptrend has reached the long-term level of 38.2% Fibo and might rise further to 50.0% (751.20). Locally speaking, the current wave of growth is correcting. A breakaway of and securing of the quotations under the high of 636.58 will signal the end of the correction and further development of the uptrend. The support is at the fractal level of 481.10.
On H1, a correction after an impulse of growth and a divergence can be seen in detail. The impulse of decline has reached 38.2% Fibo and another such impulse to 50.0% (558.90) is not excluded. A breakaway of the high at 636.58 will open a pathway to the post-correctional extension area of 138.2-161.8% (677.60-711.39).
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.
- EUR/USD: The Advantage Remains with the Dollar Jun 29, 2026
- Escalation of the US–Iran conflict is once again supporting the rise in oil prices Jun 29, 2026
- Oil prices fall back to pre‑war levels. Silver drops to a 7‑month low Jun 25, 2026
- Gold Falls to an Eight-Month Low: This May Not Be the Bottom Jun 25, 2026
- Stock indices came under heavy selling pressure amid growing skepticism about AI investments Jun 24, 2026
- The Pound Is Pressured Not by Politics, but by a Strong US Dollar Jun 24, 2026
- Global crude oil prices continued to decline. The AUD/USD exchange rate hit an 11‑week low Jun 23, 2026
- EUR/USD Remains Under Sellers’ Control as the Dollar Stays Strong Jun 23, 2026
- Gold Falls for the Third Consecutive Week: Is There Still Upside Potential? Jun 22, 2026
- Bank Indonesia raised its interest rate. Norges Bank and the SNB left rates unchanged Jun 19, 2026
