After seeing the counter being broke but quickly seeing a huge spike to the upside to test 1300.000 region we can see from the tool that the downtrend is still favoured and a fib is still in play. In the bigger picture we are still making lower highs. I need price to break this counter with good price action to consider a trade entry. I would also be cautious around the 1280.000 area as price has reacted and respected this daily area of support recently. Wait for confirmation before taking an entry this is no trade as of yet.
The creation of competing altcoins is likely to place downward pressure on the prices of all cryptocurrencies, including Bitcoin (BTC). This conclusion was found by research conducted by the Federal Reserve Bank of St. Louis […]
The United States county of Missoula, in the state of Montana, has adopted regulation for cryptocurrency mining, local media outlet the Missoulian reports on April 5. Per the report, the Missoula County Board of Commissioners voted […]
Short opportunity British Pound/Australian Dollar FX:GBPAUD zanman Good day traders, Im looking at a potential short opportunity a GBP-AUD . Im waiting for GBP weakness, so ill be looking to get in on the pullback. […]