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Week in review: equities and crypto-currency markets

The views and opinions listed here are solely those of the authors reflect necessarily the views of bcointalk.com . Each Investment and Trading involves ris

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Week in review: equities and crypto-currency markets

The views and opinions listed here are solely those of the authors reflect necessarily the views of bcointalk.com . Each Investment and Trading involves risk and you should be good to do research before making a decision.

The market data are taken from HitBTC exchange.

global stock markets: a recovery is possible markets have occurred last week in a recovery phase. You have 1.0 per cent, after it had come the previous week to a strong sale. The global trade was quiet at the end of the week as many markets over Easter on Friday were closed. Some of these will be in Europe on Monday.

investors now expect positive earnings surprises to the markets after the first quarter of the year. The threat of a trade war by the Trump-government, and the losses for technology shares in recent times is worrying. Leading Global Tech companies, including Facebook and Amazon, are under pressure and this concern has made on the entire market, which causes investors to take no more risks.

at Least in the short term, it looks as if this will change, if you look at the consistent, positive value developments in the major equity markets last week. Nonetheless, most of the scripts of a Overhead Resistance, if you continue to rise. This could dampen the progress.

BSE Sensex: bull pattern

The BSE Sensex 30 Index, formed in the latest correction of a potential case bull wedge, after it was reported in January, a record high. If the soil is confirmed,32.483, 84, what is the Low of two weeks ago, then it comes to a break to the upside, if the price will rise above the down trend line. The High of 33.371,04 last week, and a two-week high could act as a representative for this line. The soil has formed over a few months in 2017 to the Support of the 200-day average (brown) and the previous Support and Resistance. If multiple Support signals come together, this can increase the importance of the price support zone.

The Sensex has touched the 200-day average for the first Time in over a year. Often the 200-day average acting as Support, if it is obtained as a Support, after the course was for months about him. A bullish wedge is a continuing trend pattern. And if this is triggered, there is a possible impetus for the course to the top.

S&P 500 Index remains on the long-term Support at the 200-day average,

The S&P 500 Index for the first quarter of the year has, for the suffering of the investors with a loss. This was the first Time since the third quarter of 2015. This behavior supports the Hypothesis that the times for the stock market, as the volatility increases. A quarterly loss for the first time in a Long Time increases the chances of a further quarter of losses and provides for more uncertainty among investors, what to expect in the next 6 to 12 months.

however, last week the S&P 500 has risen by 52,61, or 2,04% and has closed with a total of 2,640,87. The price has tested the Support of the 200-day average, two weeks in a row. You should now pay attention to a stronger development of this important support zone,with a Low of 2.585, 89.

Next week, investors will be watching the US employment report and the reaction of the market to sign for a change in investor sentiment lookout. The employment report is released on Friday.

crypto-currencies: Deeper correction

he was threatened with further regulation, and the increasing attacks on the ICO model through Social-Media channels, the crypto-rates under pressure. Previously, the expected bad news were ignored sometimes. This is no longer the case now. Twitter has confirmed that it will follow the example of Google and Facebook, and crypto currency advertising ban. This is especially true for ICOs and Token sales. After the announcement of the relocation of Binance to Malta Bitfinex has been, one of the world's largest crypto stock exchanges, it is known that a move to Switzerland will be considered. A change can be good, but also creates uncertainty. And that affects the mood of the investors.

last week, it is again very bad. Three of the eight observed crypto-currencies (see table) have closed below their previous fluctuation lows. These falls have signalled a continuation of the Bear trend. Dash, Ethereum, and Ripple to meet this criterion. The other five, namely Bitcoin, Bitcoin, Cash, IOTA, Litecoin and Monero are fallen significantly and your previous variation come closer to the lows.

Since then, the large crypto have currencies lately, mostly in lock-step moves. There is a relative weakness, and acknowledge signals for a continuation of the Bear trend. This might be an indication of what this group expects. In the short term, it looks as if there would be a Support to the lows of the last week, and it may come to a Bounce. All in All, however, continue to led the bear trend signals normally to further Plunge below the initial support zone, Trigger the prior Variation, since Trends usually continue.

at the same time, the eight largest Kryptos have already seen significant corrections from its record highs, as you can see in the table. Note the declines from the high areas from the end of last week, the corrective variation in depth, the is to some low. The signal could be that we are a the end of the corrections of closer than a beginning of such. However, the risk of falling is still high.

Bitcoin: Short-term Support dir="ltr">

Ripple: bear trend gyou eht Ripple on the 14-day RSI last week reached the highest Oversold level, as he has reached a Low of $ 0.47 (0.38 euros). This is exactly the potential Support of the 88,6% Fibonacci Retracement Levels of the long-term upward trend line. Although overbought in itself is not a Signal, it could mean that we come to a Deep for at least a Bounce closer.

The price of XRP/USD last week, a continuing bear trend signals. Because he has fallen below his previous fluctuation deep in 0,5335 US Dollar (EUR 0.43), and has finished the week near the period low. A further concern of the bulls is the Test of the 200-day average as Resistance a few weeks ago. The Resistance held on to this Signal for a long-term Trend and the rate is snapped off last week back down and went into the sales mode. A decline below the Low of the last week is likely to lead to a deeper correction and possibly the momentum downward to accelerate.

The market data are taken from HitBTC exchange market; the graphs for the analysis come from trading view.