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.
Image: Getty Images × istock-cryptocurrency-coins.jpg The Australian Taxation Office (ATO) will now have oversight over the digital currency held by Australians, with the overarching idea being to ensure that individuals in possession of cryptocurrency are […]
Rakuten cryptocurrency exchange has opened registrations – InsideBitcoins.com – Bitcoin News, Prices, Trading – Inside Bitcoins
Last Updated on April 19, 2019 Rakuten cryptocurrency exchange has opened registrations 5 (100%) 1 vote Rakuten, a Japanese e-commerce and internet company, has just opened registrations for its upcoming cryptocurrency exchange platform. The space […]
Few trading tools are as simple and as elegant as the “Awesome Oscillator.” First developed by American trader Bill Williams, the aptly named Awesome Oscillator (AO) is a momentum indicator that takes advantage of an […]