Hi, Traders ! Monfex is at your service ! EUR optimism is mounting as EUR overstep psychological threshold of 1.1000 ag USD once again. * The pair sparked during the Asian session as the markets participants started selling USD on the back of a Bloomberg's report stating that the US is planning to enter into a currency agreement with China. * In the...
Hello, Traders! Monfex is at your service and today we overview LTC/USD compare with BTC/USD . It's a strong bullish pattern behavior like we see at BTC/USD at the left chart and now we have the same by LTC/USD at the right chart analysis. Active Trade Signal by LTC/USD : Buy zone ~ $ 58 Target ~ $ 64 Stop - $ 56,3 Share your thoughts,...
Hello, Traders! Monfex is at your service and today we overview EOS/USD . There is a medium-term resistance for the EOS of about $ 3.95 , upon reaching which the EOS will break through the global resistance lines. Locally, there is a falling wedge and a downward channel. Breakout of $ 4 will confirmation of bullish trend. Before the end of the year RSI...
Hi, Traders ! Monfex is at your service ! Following the powerful break-out of 1H channel, Bitcoin is now consolidating ahead of a new impulse Up. * Broken Resistance of $8,500 now acts as the Support level that refrain the price from reversing back inside the 1H channel. * One of the potential triggers driving Bitcoin upwards was the announcement of Federal...
Hello, Traders! Monfex is at your service and today we overview EOS/USD . Latest news: The blockchain company Block.One, which developed the EOS protocol, agreed to pay a $ 24 million fine imposed by the court on charges of SEC of unregistered securities trading during the ICO organized by Block.One in 2017-2018. Against this background, the price of EOS...
Hello, Traders! Monfex is at your service and today we overview Bitcoin Dominance. Bitcoin's dominance has grown slightly over the past couple of days by bullish div on RSI, but we see that Altcoins on its support levels and on the domination chart BTC has come close to the resistance: the resistance line of the descending channel MA100 the...
Hello, Traders! Monfex is at your service and today we overview ETC/USD. For now Ethereum Classic has the bearish divergence with RSI that can tell us about nearest target - the support zone. First scenario: After reach the support zone ETC will bounce up from it and break the resistance line with goal of ex-support line and MA200 also will be there....
Hello, Traders! Monfex is at your service and today we overview BTC/USD. We clearly see the resistance zone of $ 9,000 - 9,350 and resistance line of the descending channel, with MA200 that is also like our resistance tool for now. Bitcoin has the bearish formation: after the downward impulse - consolidation - second falling impulse will be more likely. But...
Hello, Traders! Monfex is at your service and today we overview XRP/USD . The first signal to the begin of the bull trend is a break of the resistance line, the second is the key level for the start of the bull trend. But at the moment, XRP is under the line and globally in a bearish trend. Local support level $ 0.268 - 0.27 Local level of resistance $ 0.28...
Hello, Traders! Monfex is at your service and today we overview ETH/USD . What do you expect from Ethereum ? Ethereum approached to the resistance and we already have quite a few prerequisites for a long position, but still don't forget that we are in a bearish flag, whose goals are visible on the chart. The Aligator indicator is directed towards the bulls,...
Hi, Traders ! Monfex is on the air ! Hot update on Bitcoin: market landscape is changing rapidly. * Bitcoin broke through the upper band of 1H Channel, that is - the important short-term resistance of $8,500. * Bulls have taken the lead and now Bitcoin is heading towards $9,000. * Increased Volume confirm the validity of the break-out. It doesn't look like a...
Hi, Traders ! Monfex is at your service ! Bitcoin Cash has recently found a new acceptance in South America after a partnership between Mercado Livre and BitPay. This step will make it possible for crypto holders in Brazil to pay online in BCH and BTC at one of Latin America’s biggest online marketplaces - Mercado Livre. * Technically, Bitcoin Cash resides...
Hi, Traders ! Monfex is at your service ! Bitcoin continues its expansion within the consolidation range, on a low volatility. * Trading range has contracted to $8,100 - 8,200 and the market activity is rather low. * Any break-out of this contraction could indicate the way towards the one of 1H channel boundaries. * RSI is looking up the North direction and...
Hello, Traders! Monfex is at your service and today we overview EUR/USD. EUR/USD still is in the downward channel and now the price has approached to the resistance line, and the MA100 also there. Enter a short position from resistance is a good practice. The target for this idea is 1.08824 Stop lose for our short and buy price by the breakdown - 1.10231 with...
Hello, Traders! Monfex is at your service and today we overview BTC Dominance with ETH/USD LTCUSD EOSUSD XRPUSD. We see how altcoins grow stronger on the chart of BTC domination, but what really happens ? Short Coin's review: XRPUSD A more bullish scenario, but Ripple is approaching to the line of resistance on the daily chart ~ $ 0,28 . ETHUSD Bear...
Hello, Traders! Monfex is at your service and today we overview. What happens with BTC and when the drop stops ? Read below. On the chart we see a large triangle, with two indicators MA100 and MA200. At the moment, the price has fallen on the MA100 and on the middle line of the downward channel, as well as $ 8,000 is the round price of support. In the near...
Hello, Traders! Monfex is at your service and today we overview ZEC/BTC. Diamond reversal pattern. This pattern also finds support from RSI, the indicator has a certain upward trend, which is a good sign for bulls, but most likely not soon. The support zone ~ 0,004350-4300 Share your thoughts, ideas about the market under the chart. Watch for our Updates...
Hi, Traders ! Monfex is on the air ! Our today's pick is EOS - cryptocurrency designed to support large-scale applications. * EOS's network is expanding further with one of Spain’s largest travel agencies - Destinia to include EOS in its payment options. * Technically, EOS is speeding up the recovery after falling by more than 1$ (30%) in price - from $3.80 to...