Dmitriy Lavrov on August 19th, 2017.
If we look at the 1H chart, we’ll see a double bottom chart pattern. It belongs to a reversal group of chart patterns. If the market bounces from the uptrend line and 0.80000 support level, we’ll have to wait for a price breakout above the local swing high. It will be a confirmation of the double bottom pattern and further...
Fredrik Vold on August 19th, 2017.
With more and more people doing business online these days, have you ever wondered if you really need to register your company in your home country? Especially if you run a location independent business that does not tie you down to any one place, you could consider the benefits of incorporating offshore. We have previously talked about...
P. H. Madore on August 19th, 2017.
Reader, be suspicious of anything that tells you it will establish a “new social network.” The establishment of social networks is semi-organic and requires a massive effort. Have a look at Minds.com, which is a great idea that integrates Bitcoin for promotion. It’s still growing. The author has been there from the beginning. So don’t...
Dmitriy Lavrov on August 19th, 2017.
The market bounces from the uptrend line and 224.00 support level. RSI confirms price reversal. If the market could not break this support zone formed by the uptrend line and 224.00-216.00 support levels, it means we must be ready to join a possible upward movement. Pending orders for buy should be placed above the local swing high. If...
P. H. Madore on August 18th, 2017.
Just like every romantic encounter can produce a child who grows into a billionaire or a janitor, every ICO is creating a company or product which must now navigate its way into the world. In this three-part series, the author makes predictions on a few ICOs he believes will stand the test of time. Often during this series, you will...
Mate Cser on August 18th, 2017.
Friday Market Recap Asset Current Value Daily Change S&P 500 2430 0.05% DAX 12165 -0.31% WTI Crude Oil 48.38 2.72% GOLD 1293.00 0.05% Bitcoin 4174 -2.89% EUR/USD 1.1753 0.23% The major US indices showed weakness yesterday for the second day in a row, as investors got spooked by the weakening position of the Trump administration and...
Mati Greenspan on August 18th, 2017.
3 people have been killed in a tragic and cowardly act in Barcelona. Hours later Spanish police shot and killed five more terror suspects, some of which may have been wearing explosive vests. More than 100 people have been killed in terror attacks over the past year in Europe and the United States and more than 1000 in the rest of the...
Mate Cser on August 18th, 2017.
Most of the major cryptocurrencies are slightly in the red today, as the recent strong rally in BTC seems to be running out of steam. The severely overbought currency breached the $4500 level yesterday before turning lower again, and that’s a drag on the whole segment, although Bitcoin Cash is still rallying strongly since the first 8 MB...
Dmitriy Lavrov on August 18th, 2017.
The price bounces from Tenkan line of Ichimoku indicator. DMI confirms strong downward movement. It’s a sell opportunity. Pending orders should be placed below the local swing low – it’s 1.75850 level. Stop orders must be placed above the local swing high – it’s 1.77030 level. Profit target is at 1.74330 support level....
Dmitriy Lavrov on August 18th, 2017.
The price bounces from the uptrend line. RSI confirms price reversal. We can try to catch possible upward movement. Pending orders for buy must be placed above 4325.00 level. Stop orders must be below the uptrend line and the local swing low. It’s 4134.00 level. Profit target should be at 4500.00 level. This is a short term trade....
Sam Bourgi on August 18th, 2017.
U.S. stocks just posted their biggest decline in three months, as disappointing earnings and political jitters drove volatility through the roof. Wall Street Slams on the Breaks Stocks declined across the board on Thursday, with the S&P 500 Index falling 1.5% to 21,750.73. All 11 sectors tracked by the large-cap index finished in...
P. H. Madore on August 17th, 2017.
The concept of Decent.bet’s crowdsale is not overly complicated, so we won’t give an overly complicated explanation. In essence, they are selling 250,000,000 tokens which can later be exchanged for “house credits” on an exchange they will build. These house credits are locked for three months by the house which uses them, as the platform...
Mate Cser on August 17th, 2017.
The bull market in cryptocurrencies continues to make headlines, as BTC and Dash registered another great day, both hitting new all-time highs. Bitcoin only breached its prior record price by a small margin, while Dash shot up by 15% as its triangle consolidation finally ended. The coin turned lower from a tad below our long-term range...
Dmitriy Lavrov on August 17th, 2017.
The price reverses from 1290.00 resistance level. MACD and RSI confirm price reversal. ADX line starts falling and it’s a signal that the bulls are not so strong. We have a sell opportunity. Pending orders should be placed below 1284.00 level. Stop orders must be above 1291.00 level. Profit targets are at 1275.00 and 1268.00 level....
Mati Greenspan on August 17th, 2017.
The thought seems almost ridiculous but it seems that this is exactly what’s happening. President Trump’s suggestion that if we’re removing statues we might as well remove the statues of the founding fathers Thomas Jefferson and George Washington both of whom owned slaves. The comparison to the statue that started all...
Dmitriy Lavrov on August 17th, 2017.
The price moves in a horizontal channel formed by 0.15000 and 0.20000 levels. The market is near the bottom border of this channel. If we look at the 4H chart, we can see that the price bounced from the support level. RSI and a bearish divergence confirm a price reversal. We must be ready to catch a new upward movement. Pending orders...
Sam Bourgi on August 17th, 2017.
The Trump administration took a hard line in renegotiating the North American Free Trade Agreement (NAFTA) on Wednesday, demanding major concessions aimed at restoring the U.S. trade balance with Canada and Mexico. First Round of NAFTA Talks Begin On Wednesday, representatives from the U.S., Canada and Mexico descended on Washington,...
P. H. Madore on August 16th, 2017.
Writing about ICOs and cryptocurrencies, due to the fast-paced nature of the markets and how we can see literally insane levels of growth or depression, it’s easy to become solely focused on short-term strategies and probabilities. Just like every romantic encounter can produce a child who grows into a billionaire or a janitor, every ICO...
Dmitriy Lavrov on August 16th, 2017.
Based on the 1H chart we can draw a pennant chart pattern. It’s a continuation pattern and we should expect for further upward movement. Pending orders for buy must be placed at 8.74 level. Stop orders must be below 7.80 level. Profit targets are 9.50 and 10.00 levels. If the price drops below the bottom line of the pennant,...
Dmitriy Lavrov on August 16th, 2017.
The price bounced from the kumo and the downtrend line. RSI confirmed price reversal. DMI shows trend market conditions and allows trading. We have sell opportunity. Place pending orders below the local swing low. Stop orders must be above 1.26530 level. Profit targets should be at the support levels. The previous pending orders for buy...