Hello, Traders! Monfex is at your service and today we overview BTC/USD . Bitcoin in the middle of the great flat zone from the end of September, locally - BTC also in a small flat range and by breakout the support( ~ $ 8180 ) or resistance( ~ $ 8470 ) levels of which we can define our nearest targets. Globally - situation more bearish and the level of $...
Hello, Traders! Monfex is at your service and today we overview XRP/BTC. The formation is very similar to an ascending wedge, for which the target is a breakout the support line, this is also in accordance with the strong bearish divergence by RSI. But there is also an another side where XRP is on a good bullish wave and not so far we can observe the upcoming...
Hi, Traders ! Monfex is on the air ! Hot real-time scalping signal on Bitcoin: * Bears pushed the price down sharply to $8,150 = the previous local bottom. * However, increased volume are registered on a few consecutive 15Min candles = buy limits are triggered. * Bounce up is expected to the area of consolidation of local (low time-frame) minimums at $8,240 -...
Hello, Traders! Monfex is at your service and today we overview ETH/USD . What do you expect from Ethereum ? For now ETH locate near the support line of an ascending channel or bearish flag. Maybe here we see a small Head&Shoulders pattern, it looks strong near the support line. But if the blue line of support will be broken, then the bears will probably push...
Hi, Traders ! Monfex is on the air ! We have a portion of good news for you! Binance’s native cryptocurrency (BNB) will be underlying of a new exchange traded product (ETP) and hence will be traded on the stock exchange. * The largest crypto exchange, Binance, informed that it has entered into a partnership with fintech firm Amun, aiming to create the...
Hi, Traders ! Monfex is at your service ! CEO of China-based bitcoin mining giant Bitmain, Jihan Wu, expressed his doubts regarding the next scheduled bitcoin block reward halving saying it might not trigger a new bull run in BTC prices - in contrast to public expectations. * Bitcoin traders are watching closely for the next bitcoin halving - this time...
Hi, Traders ! Monfex is at your service ! Looking at the long-term price action of Bitcoin, it is seen that BTC's structure develops within a huge contracting triangle pattern. * Bears have started pushing the price down after a failed attempt of Bulls to retest on a quick march the all-time-high BTC levels. * After that, the price has formed the local top at...
Hello, Traders! Monfex is at your service and today we overview USDCAD. After formed XABCD pattern figure the price was aimed to the support line. RSI has crossed 60% and going to the oversold zone. Short from the resistance. Share your thoughts, ideas about the market under the chart. Watch for our Updates to be the first who gets well-timed signals ! ...
Hi, dear Traders! Monfex is at your service and today we overview XRP/USD . What do you expect from Ripple ? We have already described in the preceding charts the situation and perspective by XRP and now we will determine the buy levels. According to the weekly chart, a lot can be said about this asset. For example: by a breakout of the key level(~ $ 0.315 ),...
Hi, Traders ! Monfex is at your service ! Bitcoin Cash leaves Bitcoin considerably behind in terms of retail consumer spending in Australia. * According to the BCH-centric web source - Bitcoinbch.com, BCH is currently the top digital currency Australia since BCH transactions have exceeded BTC dramatically - recent publications reveal. * Input data for this...
Hi, Traders ! Monfex is at your service ! Bitcoin showed a sluggish dynamic on the weekend, slightly fluctuating inside the narrow range. * An attempt to test the Resistance at $8,500 occurred, but the Bears immediately came into play driving the Bulls back to the minor retreat level at $8,150. * At the moment, Bitcoin is again coming closer to the Resistance...
Hello, Traders! Monfex is at your service and today we overview USD/CAD . USD/CAD near 2 years support line, possible a good moment for long position. Active Trade Signal by USD/CAD Buy near 1,318 Take profit ~ 1,378 Stop at 1,31147 Share your thoughts, ideas about the market under the chart. Watch for our Updates to be the first who...
Hello, Traders! Monfex is at your service and today we overview BNB/USDT. On this chart, we see the support line to which BNB price is currently aiming inside the falling wedge. There I designated the buy zone ~ $ 10 as there is also a very strong trading volume, which acts as additional support. Share your thoughts, ideas about the market under the chart....
Hello, Traders! Monfex is at your service and today we overview DASH/BTC . On the chart we see a large rising channel or a bear flag . The price now near the channel support and has two scenarios: 1 there will be a breakdown of the flag down and for greater certainty we will consider the level of the red line near 0.00808 . As goals, we take Fibonacci...
Hi, Traders ! Monfex is on the air ! Gold is noticeably retreating amid the positive progress in trade talks. * Positive news from Brexit and US-China trade negotiations are enhancing investor sentiment - positive headlines boosts investor’s risk appetite. Particularly, on the US-China landscape, the talks are taking positive course as the negotiations...
Hi, Traders ! Monfex is at your service ! Ripple’s CEO Brad Garlinghouse claimed in an interview that Ripple will have the same impact on fintech that Amazon did on the book industry. * Whether or not the statement of Ripple's CEO makes sense in the long-term, we still see that Ripple is gaining popularity among global investors. * Even though XRP is going...
Hi, Traders ! Monfex is at your service ! After spiking at $8,830 on Coinbase Bitcoin reversed to retest the Support at $8,400 - $8,500. * Bears are trying to push the price down to the lower band (the 2nd Support at $7,700 - $7,800) of the previous consolidation area. * Even though the price retreated around $500 off the spike, the Support zone of $8,400 -...
Hi, Traders ! Monfex is on the air ! Bitcoin’s short-term bullish momentum is intact. * Bitcoin is expected to continue its expansion to the North ($9,000 is the closest target) despite a U.S. SEC rejected a Bitcoin exchange-traded fund (ETF) proposal. * Shortly before, Bitcoin hit a two-week high of around $8,700 and corrected to the $8,500 Support shortly...