#ETHUSD
OUTLOOK: Bearish
Negative RSI divergence suggests short-term bull-to-bear trend change
ETH could revisit descending trendline support seen at $600 in a day or two
Only a close above $838 would signal continuation of the rally from $358
OUTLOOK: Bearish
Negative RSI divergence suggests short-term bull-to-bear trend change
ETH could revisit descending trendline support seen at $600 in a day or two
Only a close above $838 would signal continuation of the rally from $358
New Korean Financial Watchdog Chief Takes Softer Tone on Cryptos
The new head of a South Korean financial watchdog has taken a softer tone on cryptocurrencies and hinted that his agency may consider easing rules for exchanges.
The new head of a South Korean financial watchdog has taken a softer tone on cryptocurrencies and hinted that his agency may consider easing rules for exchanges.
Buy STQ on Tidex
Buy Zone 34-39
Target 48 79 100+
Also worth longterm hold
Platform to be released in January 2019 and binance rumors
Buy Zone 34-39
Target 48 79 100+
Also worth longterm hold
Platform to be released in January 2019 and binance rumors
BMW is piloting a blockchain platform to track mileage in leased vehicles through its startup innovation program.
The effort is being carried out in partnership with blockchain startup DOVU - one of five startups to work with BMW Group UK as part of the company's Innovation Lab.
The idea is that the system helps BMW understand how much activity its vehicles are seeing and the impact on them. Drivers who participate receive tokens in exchange for their data. BMW chose to define the parameters for token rewards through mileage - the current automatic mileage tracking systems are unreliable and do not provide the information that the company might actually use.
The effort is being carried out in partnership with blockchain startup DOVU - one of five startups to work with BMW Group UK as part of the company's Innovation Lab.
The idea is that the system helps BMW understand how much activity its vehicles are seeing and the impact on them. Drivers who participate receive tokens in exchange for their data. BMW chose to define the parameters for token rewards through mileage - the current automatic mileage tracking systems are unreliable and do not provide the information that the company might actually use.
Australia's Government Budgets Over $500K for Blockchain Study
The Australian government has allocated AU $700,000 (about $521,000) to its Digital Transformation Agency to explore blockchain applications within government services.
Officials earmarked the funds, which will be gleaned from existing Agency resources and allotted over the course of the next four years, as part of its 2018 - 2019 budget. Launched in 2015, the Agency helps government departments "undergo digital transformation," in addition to leading its information and communication technology strategy.
The Australian government has allocated AU $700,000 (about $521,000) to its Digital Transformation Agency to explore blockchain applications within government services.
Officials earmarked the funds, which will be gleaned from existing Agency resources and allotted over the course of the next four years, as part of its 2018 - 2019 budget. Launched in 2015, the Agency helps government departments "undergo digital transformation," in addition to leading its information and communication technology strategy.
#binancecoin
OUTLOOK: Bearish if RSI drops below 48.00
RSI has established strong support at 48.00 since late March. A dip below that level would indicate bull-to-bear trend change in binance coin
Bull revival seen above $16.07
OUTLOOK: Bearish if RSI drops below 48.00
RSI has established strong support at 48.00 since late March. A dip below that level would indicate bull-to-bear trend change in binance coin
Bull revival seen above $16.07
📰 South Korean cryptocurrency exchange Coinone is turning to Ripple's enterprise blockchain network for cross-border payments.
Coinone Transfer, a subsidiary of the exchange that focuses on remittances, joined RippleNet on Monday, making it the first exchange in the nation to do so. The firm will be using xCurrent, one of Ripple's three blockchain solutions
Coinone Transfer, a subsidiary of the exchange that focuses on remittances, joined RippleNet on Monday, making it the first exchange in the nation to do so. The firm will be using xCurrent, one of Ripple's three blockchain solutions
YOYOW's descending triangle. Usually a bullish pattern. .1596 is a support that acted extremely well as a resistance and is doing so as a support. Breaking the triangle on the upper side (black line) would take us to the local maximum and beyond (.2450)
Despite a brief rally yesterday, bitcoin (BTC) is still in corrective mode and risks falling back below $9,000, chart analysis suggests.
The bearish crossover between the 5-day MA and the 10-day MA indicates a short-term (5 days) bullish-to-bearish trend change. It also indicates the pullback from the recent high of $9,990 has not run its course.
View:
A break below $9,228 (support on the hourly chart) would add credence to the bearish 5-day MA and 10-day MA crossover and open the doors for a drop to $8,980 and $8,868 (100-day moving average).
A daily close (as per UTC) below $8,652 (April 26 low) would confirm a bearish reversal.
On the higher side, a daily close (as per UTC) above the 10-day MA (currently located at $9,452) would signal the end of the pullback from the recent high of $9,990.
The bearish crossover between the 5-day MA and the 10-day MA indicates a short-term (5 days) bullish-to-bearish trend change. It also indicates the pullback from the recent high of $9,990 has not run its course.
View:
A break below $9,228 (support on the hourly chart) would add credence to the bearish 5-day MA and 10-day MA crossover and open the doors for a drop to $8,980 and $8,868 (100-day moving average).
A daily close (as per UTC) below $8,652 (April 26 low) would confirm a bearish reversal.
On the higher side, a daily close (as per UTC) above the 10-day MA (currently located at $9,452) would signal the end of the pullback from the recent high of $9,990.
#Ethereum
Outlook: Bearish below $750
ETH is bid, but struggling to retake rising trendline
5,10MA are rolling over in favor of the bears, add credence to bearish RSI divergence
Break below $750 would expose support at $627
Outlook: Bearish below $750
ETH is bid, but struggling to retake rising trendline
5,10MA are rolling over in favor of the bears, add credence to bearish RSI divergence
Break below $750 would expose support at $627
CryptoBullet via @vote
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Signals – 430
👍👍👍👍👍👍👍 62%
Technical analysis of leading cryptocurrencies – 174
👍👍👍 25%
Market analysis – 51
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News – 38
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👥 693 people voted so far.
CryptoBullet
Buy STQ on Tidex Buy Zone 34-39 Target 48 79 100+ Also worth longterm hold Platform to be released in January 2019 and binance rumors
STQ hit 60 sats on Tidex
Profit: +53%
Congratulations to those who followed the signal.
Profit: +53%
Congratulations to those who followed the signal.
Forwarded from #OnPointCrypto VIP
We bought STQ at 27 and sold partially at 31; re entering now at 24