LISK
Buy zone: upto 70000 Satoshis
Sell zone: Above 12000 Satoshis
News: Client Core release on 30th Dec
Buy zone: upto 70000 Satoshis
Sell zone: Above 12000 Satoshis
News: Client Core release on 30th Dec
BTC will see huge manipulation after 10th and 18th when futures trading will be started . We might see good opportunities for swing Margain trading after 10th. Btc might touch 14,000$ before 10th.
Don’t be panic with the recent dump of alts , it’s because of Bitcoin run above 12k
BTC may see little correction and go down to 11500 in next 24 hours before heading towards $14,000.
''Negative sentiments about Bitcoin from''
South Korean Financial Regulators Ban Bitcoin Futures Trading.
Source: https://news.bitcoin.com/south-korean-financial-regulators-ban-bitcoin-futures-trading/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications
South Korean Financial Regulators Ban Bitcoin Futures Trading.
Source: https://news.bitcoin.com/south-korean-financial-regulators-ban-bitcoin-futures-trading/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications
Bitcoin News
South Korean Financial Regulators Ban Bitcoin Futures Trading
South Korea's Financial Services Commission has ordered a ban on brokers offering bitcoin futures trading to their clients.
South Korea Unveils Plans to Tax Crypto Users and Get Their Data From Exchanges
Tomorrow Events 7.12.2017
Aeternity (AE) - Hackton
Bitcoin (BTC) - Blockchain Bitcoin Conference Malta
Bitcoin Cash (BCC) - Listing on Bitstamp
Einsteinium (EMC2) - Hard Fork
IOTA (MIOTA) - London Meetup
Komodo (KMD) - Conference in Abu Dhabi
NEO (NEO) - 1st NEO event in SEA
NoLimitCoin (NLC2) - First crypto Fantasy Sport Youtube show
Power Ledger (POWR) - Talent Unleashed Awards 2017
Rebellious (REBL) - Airdrop
Solaris (XLR) - ZeroCoin Protocol Implementation
Stellar Lumens (XLM) - SatoshiPay Partnership Event in Berlin
Stellar Lumens (XLM) - SparkChain Conference in Seoul
Walton (WTC) - Guardian Masternode
XTRABYTES (XBY) - Q&A Session
ZCoin (XZC) - Znodes
Zcash (ZEC) - Listing on Huobi
Aeternity (AE) - Hackton
Bitcoin (BTC) - Blockchain Bitcoin Conference Malta
Bitcoin Cash (BCC) - Listing on Bitstamp
Einsteinium (EMC2) - Hard Fork
IOTA (MIOTA) - London Meetup
Komodo (KMD) - Conference in Abu Dhabi
NEO (NEO) - 1st NEO event in SEA
NoLimitCoin (NLC2) - First crypto Fantasy Sport Youtube show
Power Ledger (POWR) - Talent Unleashed Awards 2017
Rebellious (REBL) - Airdrop
Solaris (XLR) - ZeroCoin Protocol Implementation
Stellar Lumens (XLM) - SatoshiPay Partnership Event in Berlin
Stellar Lumens (XLM) - SparkChain Conference in Seoul
Walton (WTC) - Guardian Masternode
XTRABYTES (XBY) - Q&A Session
ZCoin (XZC) - Znodes
Zcash (ZEC) - Listing on Huobi
BTC- Correction is near
Since the low of $5450.86, on November 12, only one strategy has worked for Bitcoin, i.e., buy and hold. Traders who purchased at the lows are sitting on about 150% profits in less than a month.
However, I never anticipated such a stellar rally. I kept waiting for the dip or a consolidation that could provide an attractive entry opportunity, which never materialized.
Going back two years, we find that whenever the RSI reaches close to 89 levels, it has led to a correction, though not immediately. The current rally has pushed the RSI to the same overbought levels, which warns us that a correction is approaching.
Where can we expect Bitcoin to top out?
Bitcoin is likely to face resistance between $13380.68 and $15252.86, which are critical Fibonacci extension levels.
The target of $15252.86 is about 12% higher from the current levels. I would be wary of holding on to the currency to squeeze out the last few dollars in the trade.
I recommend booking partial profits at the current levels and trailing the stops on the remaining positions according to individual risk appetite. For the traders who are sitting on the sidelines, I suggest waiting, until we get a decent correction and a low-risk trading opportunity.
Since the low of $5450.86, on November 12, only one strategy has worked for Bitcoin, i.e., buy and hold. Traders who purchased at the lows are sitting on about 150% profits in less than a month.
However, I never anticipated such a stellar rally. I kept waiting for the dip or a consolidation that could provide an attractive entry opportunity, which never materialized.
Going back two years, we find that whenever the RSI reaches close to 89 levels, it has led to a correction, though not immediately. The current rally has pushed the RSI to the same overbought levels, which warns us that a correction is approaching.
Where can we expect Bitcoin to top out?
Bitcoin is likely to face resistance between $13380.68 and $15252.86, which are critical Fibonacci extension levels.
The target of $15252.86 is about 12% higher from the current levels. I would be wary of holding on to the currency to squeeze out the last few dollars in the trade.
I recommend booking partial profits at the current levels and trailing the stops on the remaining positions according to individual risk appetite. For the traders who are sitting on the sidelines, I suggest waiting, until we get a decent correction and a low-risk trading opportunity.