Join our community of 10 000 traders on Hacked.com for just $39 per month. Ethereums price swings high and low. Today, the number two crypto is up big time after falling hard in the prior 24-hour period. Source: coinmarketcap.com Ethereum posted the biggest gain among the larger capitalized cryptos in the last 24-hour period, jumping 20.19%, according to coinmarketcap.com. Its 24-hour gain vastly outdid bitcoins 4.79-point gain. Its swings in both directions have been larger than bitcoins. Ethereums price tumbled from $391.51 June 13 to $262.38 on June 26, then rebounding to $321.83 on June 28. Some attributed the June 26 fall to the false rumor that co-founder Vitalik Buterin had died in a car crash. Buterin, true to form, used the Ethereum blockchain to prove he was still alive. Ethereum Chases Bitcoin Ethereum continues to chase bitcoin for the lead share of crypto market capitalization, holding $30.821 billion compared to bitcoins $42.558 billion. On June 27 Ethereum held 25.03% of total crypto capitalization, compared to 5.7% on Feb. 20. Bitcoin, by contrast, held 42.47% on June 27 versus 85.58% on Feb. 20. The only crypto to gain more than Ethereum in the last 24-hour period was AntShares, which at a $430.46 million market cap, is the 15th largest crypto. Antshares posted a 24.5-point gain. Looking at a longer term, Ethereums price has remained well above the lower teens which it held all year up until beginning its fast climb in March. Nicola Duke, a Forex Analytix technical analyst who uses historical price data to determine future price movements, predicted in late May that Ethereum, which was still an explosive growth path, could experience a 38.4-point fall from its then $227 price. Duke also said breaking through the $377 price point would be key for Ethereum. That point, according to Duke, was the resistance level, the point that traders reach but dont surpass. Ethereums next challenge is to reach $467. Duke uses historical price data to determine future price movements. Also read: Ethereum, bitcoin prices rally as crypto markets storm back Bitcoins Influence On Ethereum The swings of the last few days indicate that bitcoins vitality or lack thereof has an exaggerated impact on Ethereum, as well as other altcoins. The level of interest in bitcoin affects interest in altcoins that can deliver better gains. The expansion of ICOs has also raised awareness of altcoins. While bitcoin impacts altcoins, there is also fundamental demand for Ethereum. Ethereum supports smart contracts, which has attracted significant interest among financial institutions and other companies. Featured image from Shutterstock. Follow us on Telegram. Advertisement Show less

Swing trading is often the starting point for those who are looking to venture into trading, and perhaps make the move from being an investor to becoming an active trader. The reasons for this are simple; it involves trading on a medium timeframe which means it is possible to do it while you still have a day job, and it can complement other trading styles like day trading, trend trading, or scalping. According to Investopdia, typical holding time for a swing trader is 1-4 days. In forex, we would typically hold our trade for no more than 5 days in order to eliminate the risk of holding a position while the markets are closed over the weekend. For cryptocurrencies however, which trade 24/7, we can adapt our rules and we no longer need to be so strict about the holding period. In crypto, as long as the conditions for holding the trade are still valid, we should hold on to it. The market price of a cryptocurrency can be defined as the equilibrium between supply and demand at any given time. It is the price where a buyer and a seller agree to make a trade. Over time, these equilibrium prices can move in uptrends or downtrends or even sideways in a range. A typical market pattern is for prices to move from contracting ranges to expanding ranges. The shift between these two is called a “break-out,” and this is where we see strong and quick price movements to a new area on the chart. One way to look at it is to compare range contraction to a spring that is being compressed. The break-out occurs when all the energy from the spring is released, which may happen either to the upside or the downside. We now have the beginning of a “swing” in the market. If this break-out is followed by a series of higher tops and higher bottoms in “wave movements,” the market has formed an uptrend. If the inverse is true, we have a downtrend. Each wave is considered its own swing in the market. As swing traders, our job is to catch the most violent part of this move – the break-out. Some traders choose to hold on to the trade through several swings and thus ride the trend, while others prefer to sell once a pre-determined price target has been reached. For the majority of the time, prices of any tradable instrument move within a certain range. In the stock market, it is often said that the market is ranging as much as 80% of the time. To scan for potential trading opportunities, one approach is to first look at your charts in one of the higher timeframes, for example the daily or the 4-hour timeframe. Once you spot a promising set-up, switch to a lower timeframe like the 1-hour to look for specific entry opportunities. Generally speaking, there are three important factors you need to take into consideration when looking for an entry as a swing trader: The best instrument to trade is the one that is exhibiting the strongest behavior in its class. So, to use the privacy coins as an example again, pick the one that is trending up in the strongest way among them. This is the coin where you want to place your trade. In addition to this, don’t forget to adjust and tweak your strategy to the prevailing market conditions. Remember that the win rate of any trading strategy can change dramatically under changing market conditions, and make you go from being a profitable trader to a losing trader. As swing traders, we need to be aggressive when we spot good opportunities. You cannot afford to pass on good trading opportunities. Make sure that you earn enough on your good trades to make up for the inevitable losses that will come. Similarly, a swing trader also need to know when to stay away from the market altogether. It is equally important to recognize the conditions you should stay away from, as it is to be aggressive under the right conditions. Lastly, remember the words of the legendary trader Jesse Livermore: “There is a time to go long, a time to go short, and a time to go fishing.” These are wise words that we all should remind ourselves of from time to time. Good luck on your swing trading journey. A Long-term Investment Strategy with the 200-Day Moving Average A New Trading Strategy? Using RSI and Stoch to find Entry Points A Discretionary Approach to Trend Following Trading Trading Strategies: High Win-rate or High Reward:Risk Ratio Trading 101: Trend Following Trading – A Strategy Revealed February 5, 2018 at 11:16 am I still wonder why we haven’t seen any sell recommendation on the major coins the last weeks or should i say hardly ever on this site? You must be logged in to post a comment Login You must be logged in to post a comment. The stock market’s epic rally may have run its course, according to Morgan Stanley. The bank has warned that U.S. equities have already peaked for the year, which means investors shouldn’t expect a return to record levels anytime soon. The return of volatility certainly corroborates their view. Rising interest rates and an escalating trade war also signal the possible end of the Trump reflation trade – at least, for now. Although a massive correction hasn’t been priced into Morgan’s forecast, investors should be considering ways to diversify away from stocks if they haven’t done so already. After a blistering start to 2018, stocks have struggled to regain their glory since an early-February rout wiped $5.2 trillion from global markets. Although markets have recovered, volatility appears to be a mainstay for the first time in at least two years. The CBOE VIX, Wall Street’s preferred measure of volatility, has traded between 15 and 20 over the past month. That’s right around the historical average. The VIX spiked by the most on record in early February, ending a multi-year stretch where it traded in the single and low double-digits – basically, around half the historic average. Michael Wilson, chief U.S. equity strategist at Morgan Stanley, explains what this means: “We think January was the top for sentiment, if not prices, for the year. With volatility moving higher we think it will be difficult for institutional clients to gross up to or beyond the January peaks,” he said in a weekly note on Monday, as reported by MarketWatch. “Retail sentiment indicators also look to have peaked in January and we do not see anything on the horizon to get retail investors more bullish than they were following a tax cut.” For many, the end of the meltup isn’t a bad thing. Stocks have been richly valued for a long time, with much of the gains spurred on by hope of a Trump-inspired economic boom. Although the economy has performed better under the Trump administration, stock traders (i.e., the institutions) are now looking for more tangible evidence of a stronger recovery. Depending on who you ask, that might not materialize anytime soon. Although Trump succeeded in lowering taxes, the cuts weren’t accompanied by an equal reduction in government spending. What they did do was spur on higher inflation expectations, which appears to be translating into actual price growth. In this environment, rising interest rates could spell trouble for indebted consumers who have already reduced their spending (as evidenced by the recent slump in retail sales). With U.S. stocks losing their luster, investors should already be considering ways to rebalance their portfolios. Given the current economic and political climate, the best vehicles for diversification are gold, cryptocurrencies and emerging markets. The original safe haven is a natural bet in the current environment of rising interest rates and political instability. Although gold hasn’t made any news-shattering headlines recently, it has comfortably traded above $1,300 all year long. The signals we’ve gotten from the Federal Reserve is that interest rates will continue rising as inflation approaches and eventually crosses the 2% target. (Depending on which inflation measure you use, this has already happened.) Interestingly, gold outperformed several major asset classes in 2017. As the following chart illustrates, silver is another commodity worth considering in the current economic climate. Precious metals can be bought and stored outright or collected through various gold miner ETFs. With bullion trading well below record levels, the asset and its derivatives can still be had for cheap. 2018 has been a roller coaster for crypto investors, but those of use who’ve been in the market longer than 15 months know that volatility is nothing new. Recent price trends indicate there will be no V shaped rally, but that shouldn’t deter long-term investors (“hodlers”) from capitalizing on the cyclical downturn. Market participants seem to agree that the vast majority of cryptocurrencies offer no long-term investment value (the phrase “shitcoins” is thrown around a lot to refer to these assets). But the cream of the crop certainly has a lot to offer. Bitcoin, Ethereum, Litecoin and Ripple seem to have the strongest fundamental indicators on their side. Stellar Lumens, bitcoin cash, OmiseGo and Zcash are also on the author’s watchlist of potential long-term gainers. Although readers of Hacked don’t need a lot of convincing to buy more cryptocurrency, higher inflation could certainly make this asset class more attractive. As we mentioned above, higher inflation leads investors to consider other storehouses of value for protection. Bitcoin has been described by many as a storehouse of value that, despite volatility, is uncorrelated to other market developments. Of course, there’s no guarantee bitcoin will rise because of inflation. We certainly aren’t speculating because of any historical precedent (inflation has been non-existent for much of bitcoin’s lifespan). But it’s certainly something to monitor given that bitcoin has behaved more like a commodity than a currency throughout its short history. 2017 was the year of the synchronized global recovery, but nowhere was this more apparent than in emerging markets. Emerging market funds outperformed Wall Street last year and are likely to do so again in the future. If chasing growth is your strategy, then emerging markets are the first place to look. The International Monetary Fund (IMF) has forecasted emerging market growth of 4.9% this year and 5% in 2019. India is expected to top the list with a whopping GDP growth of 7.4% and 7.8% each year. Even Russia and Brazil – two countries hammered by the commodity downturn – are forecast to return to growth. India’s economic potential has sent its small-cap stocks through the roof. In 2017, the Market Vectors India Small Cap ETF surged 65.4%. The iShares MSCI India Small Cap added 60.5%. And say what you will about China’s economic slowdown, but its technology funds are soaring. The Guggenheim China Technology ETF returned 74% in 2017, while the KraneShares CSI China Internet ETF added 69.6%. These are just some of the asset classes investors should be considering amid the latest downturn in developed market equities. Of course, this strategy depends largely on the path of inflation and corresponding monetary policy. The indicators we have now point to more robust price growth in the near future, which will require a gradual re-think of monetary policy in the Western hemisphere. Disclaimer: The author owns bitcoin, Ethereum and other cryptocurrencies. He holds investment positions in the coins, but does not engage in short-term or day-trading. Featured image courtesy of Shutterstock. I have previously written about trend following trading and shared a systematic trend following strategy you can try. This time, I wanted to go over a discretionary strategy based on those same sound principles that make up the concept of trend following trading. Trend following itself is a solid approach to trading on many timeframes, and it is one of very few simple trading strategies that can be applied profitably over longer time periods. The validity of trend following has even been confirmed by research from large banks like in this CitiBank report from 2015. As evidence of the popularity of this trading style, the report states that trend following strategies are “without a doubt the most popular systematic rule-based strategies used…” Further, it estimates that at least 85% of returns by so-called Commodity Trading Advisors (CTAs) can be explained by simple trend following strategies. As you may already know, traders and trading strategies can be divided into two groups; discretionary and systematic traders. You should also make a choice as to which category you feel you belong in. Some people like to have fixed rules that they can follow in the same way every time (systematic traders), while others believe they have an ability to “read” market conditions and get a feel for what works and what doesn’t (discretionary traders). There is no right or wrong as to which one is better. However, it is a fact that many of the big and well-known trend followers and CTA’s stick to their systems and rarely make any adjustments to them. The technical indicators you need for this strategy are: If the 200 Moving Average is pointing up and the price is above it, we have an uptrend. When it is determined that we have an uptrend, wait for the price to test support at the 20 Moving Average line. If price hits this line and then bounces off twice, enter your buy order the third time it hits. Set a trailing stop-loss 2 ATR from your entry. Unless you have access to more advanced trading software, you will have to adjust this stop level as the ATR moves upward. It’s not that much work though, especially not if you are trading on higher timeframes like the 4H or 1D. Profit target: None. This may be shocking to some, but the approach taken by most trend followers is to hold on to the trade until the trailing stop is triggered. After all, why would you want to limit your profit potential when your goal is to ride the trend for as long as possible? Lastly, in terms of risk management, I like to size my position so that I risk only 1% of my trading account on each trade. 2% is another common number to use. However, trend following strategies typically has lower win rates but with higher reward:risk ratios, so I like to leave some room for error. The reason why I call this trading strategy discretionary is because it doesn’t have any hard rules. You can modify and adjust it as you want, for example by waiting for some kind of confirmation before you enter your order. You may also try to add for example the 50 MA and use as a trailing stop instead of the ATR line. And you can play around with the ATR settings to find an optimal setting for the market you are trading. The most important factor here is that you have to look for markets that are clearly trending. This is where your ability to “read” markets really comes to use. Check if the market has had a tendency to trend in the past. Although the 200 Moving Average is sloping up, it could still be a choppy market without clear direction. As mentioned at the top of the article, the biggest players among trend followers are the CTAs typically trading commodity futures and currencies. However, it can also work well on stocks and probably cryptocurrencies as well. Bring up your charts and do some visual backtesting so you can get a feel for how it performs in the market you are trading before dipping your toe in the water. If you are looking for a way to be invested in the stock market during good times, but at the same time have some protection in place for when the next crisis hits, then look no further. Trend-following strategies should then be your friend, and I will here share a simple yet very effective such strategy designed for long-term capital growth with low volatility. Aside from my crypto investments, I have long been looking for a low-maintenance investment strategy for the stock market. As I don’t have much time for short-term trading anymore, I am mainly looking to make long-term investments that I can simply buy and forget about. However, I still want to be protected in case we hit another crisis or enter into a larger bear market. In my opinion, there are lots of risks on the horizon for the financial market. Still, a bull market is a bull market and any good trend-following investor should be invested in it regardless of his own feelings or opinions about where the market should be heading. The 200-day moving average is one of the most used technical indicators out there, and possibly the most popular moving average, particularly among US stock market investors. Because of its popularity, as well as being featured in the media whenever the market crosses it, it works in many ways as a self-fulfilling prophecy. The 200-day moving average has also been in the headlines over the last few weeks after the plunge we saw in global stock markets in the beginning of February. The line then acted as support for the S&P, but a break below it would have been a significant event that many investors would take as the beginning of a larger bear market. To illustrate this point, let’s take a look at the table below from Bloomberg. It shows six bear markets where losses exceed 20%, broken down by the loss before the market came down through the 200-day moving average and after it crossed the line. The question now becomes if you can use the 200-day moving average as an indicator to follow in your own trading. You would buy when the market closes above the 200-day moving average and sell when it closes below. The answer to that is that it definitely could be used to ensure you stay invested during prolonged bull markets, while avoiding deep corrections and market crashes. However, a problem with all trend-following strategies is what’s known as whipsaws – those times when the trend appears to start in one direction just as it turns again into the opposite direction. This is what kills the profitability of most trend-following trading systems. One strategy for overcoming the problem with whipsaws is to wait a certain number of days after the moving average line has been crossed before you enter your trade. This way, you would filter out a lot of the choppy price movements during times when the market is not showing any clear direction. For example, one strategy that often is proposed is to buy only when the market has closed above the 200-day moving average line for 5 consecutive days. Similarly, you would sell when the market has closed below the same line for 5 consecutive days. 5 days seems to be a popular choice as it filters out most of the choppy price movements that are happening right around the moving average line. Depending on what market you test this strategy on, you may find that the absolute returns would have been higher with a simple buy-and-hold system. However, pay attention to what happened during market crashes like the one we had in 2008. If you apply it to the SPY ETF (the ETF that tracks the S&P500), you will see that the strategy then went to cash and you would have been protected against further downside. In addition, keep in mind that nobody knows how deep the next crash will be, all we know is that sooner or later it will come. Personally, I would rather sacrifice a little bit of my returns for an insurance against a completely unknown risk to the downside. In my view, this strategy is perfect for long-term capital growth while keeping volatility very low and giving peace of mind to the investor during times of market turmoil. Hacked.com and its team members have pledged to reject any form of advertisement or sponsorships from 3rd parties. We will always be neutral and we strive towards a fully unbiased view on all topics. Whenever an author has a conflicting interest, that should be clearly stated in the post itself with a disclaimer. If you suspect that one of our team members are biased, please notify me immediately at jonas.borchgrevink(at)hacked.com. Planning For The Crypto Price Recovery Why Bitcoin Is Tanking and Why You Should Keep your Cool Long-Term Cryptocurrency Analysis: Ethereum at Make-or-Break Levels after Selloff Bitcoin’s Retreat Is a Sign that Speculative Money Has Left the Market Copyright © 2017 - Terms & Conditions Show less

The Easy Cryptocurrency Swing Trading strategy takes advantage of the highly volatile upswings and downswings that occur in the crypto market.Thestrategy works for trending and non-trending markets alike, thereby offering us huge profit making potentials.It works for Bitcoin and altcoin trading without exception!Lets get startedTrade Setup MT4 Indicators: mcginley-dynamic-indicator.ex4 (Default Setting), mega-trend-indicator.ex4 (Inputs Variable Modified; Period=120, Colors Modified; #1=Yellow), DeMarker.ex4 (Parameter Modified; Period=28)Suitable for: Scalping, day trading, swing trading, investingTrading Time: 24/7, Around the ClockCryptocurrency: Any (Bitcoin and Altcoins)Timeframes: AnyDownload Download the Easy Cryptocurrency Swing Trading StrategyBuy Trade Example : XRP/USD (Ripple / US Dollar), H1 Chart Fig. 1.0Strategy Rules Buy Signal Open a buy trade if the following trading conditions appear on the crypto chart:If the blue line section of the mega-trend-indicator digital currency indicator crosses below the red mcginley-dynamic-indicator line as illustrated on Fig. 1.0, the Ripple market sentiment is said to be bullish, therefore a trigger to go long on the designated cryptocurrency.If the light sea green line of the DeMarker Metatrader 4 indicator breaks and hovers above the 0.5 horizontal level (see Fig. 1.0), price is said to be pressured higher i.e. a trigger to buy the selected cryptocurrency.Suggested Stop Loss for Buy Trade : Place stop loss a few points below support.Suggested Exit Strategy/Take Profit for Buy Trade Exit the buy trade if the following trading conditions appear on the chart:If while a bullish trend is running, the mega-trend-indicator custom indicator line intersects the red mcginley-dynamic-indicator line as shown on Fig. 1.0, a bearish reversal is said to be looming, thus an exit or take profit is recommended.If the light sea green line of the DeMarker indicator readjust below the 0.5 alert level, bulls power is said to be weaning, therefore an exit or take profit stance will suffice.Sell Signal Open a sell trade if the following trading conditions appear on the crypto chart:If the blue line section of the mega-trend-indicator digital currency indicator crosses above the red mcginley-dynamic-indicator line as shown on Fig. 1.1, the Ripple market sentiment is said to be bearish, therefore a trigger to go short on the cryptocurrency of interest.If the light sea green line of the DeMarker indicator breaks and hovers below the 0.5 horizontal level (refer to Fig. 1.1), price is said to be dragged lower i.e. a trigger to sell the stipulated cryptocurrency.Suggested Stop Loss for Sell Trade: Place stop loss a few points above resistance.Suggested Exit Strategy/Take Profit for Sell Trade Exit the sell trade if the following trading conditions appear on the chart:If while a bearish trend is ongoing, the mega-trend-indicator custom indicator line intersects the red mcginley-dynamic-indicator line as exemplified on Fig. 1.1, a bullish reversal is said to be on the horizon, thus an exit or take profit is advised.If the light sea green line of the DeMarker indicator realigns above the 0.5 alert level during a bearish signal, bears power is said to be halting, therefore an exit or take profit stance will do.Sell Trade Example: XRP/USD (Ripple / US Dollar), H1 Chart Fig. 1.1Free Download Download the Easy Cryptocurrency Swing Trading StrategyAbout The Cryptocurrency Technical Indicators Used The mcginley-dynamic-indicator is a custom MT4 digital currency indicator that delivers enhanced smoothening using an updated mean price.The mega-trend-indicator is a modified Hull Moving Average indicator set to a default period of 144.It does attempt to eliminate lag found on crypto chartswhile also enhancing smoothing.The DeMarker indicator is an oscillator designed by Tom Demark that finds use when crypto traders are trying to determine possible overbought and oversold regions in the market.EasyInstallation Start using this cryptocurrency strategyin just 5 minutes.Click hereto get started now. Share Now! Show less

Markets Bitcoin Swings as Alternative Is Added to Exchange Brief crash appears to have been triggered when Coinbase started to trade Bitcoin Cash By Gregor Stuart Hunter Gregor Stuart Hunter The Wall Street Journal BiographyGregor Stuart Hunter @gregorhunter Google+ gregor.hunter@wsj.com Dec. 19, 2017 11:54 p.m. ET Bitcoin prices slumped more than 10% in an hour duringWednesday-morning Asia trading, and heavy volume of withdrawals prompted some exchanges to halt trading. The brief crash appeared to have been triggered when Coinbase, one of the worlds biggest cryptocurrency exchanges and operator of the most widely used bitcoin trading app, started to trade the alternative Bitcoin Cash. It... RELATED VIDEO What You Can Buy With Bitcoin: A $10 Pizza for $76 Bitcoin is a virtual currency, but very few people use it to actually pay for things because of transaction fees and its rising value. WSJs Thomas Di Fonzo takes to the streets of New York to try to spend bitcoin at brick-and-mortar establishments. To Read the Full Story Subscribe Sign In Most Popular Videos Hack 'n' Slash Meets Parenting in Sony's 'God of War' Reboot Michael Jordan Takes on CEO John Rogers After Years of Conflict, Syria's Health-Care System in Shambles iPhone X & iPhone 8: First Look Video How About a Slightly Smart Phone? Most Popular Articles Two Comey Memos Shared With Friend Are Under Scrutiny At Manafort Hearing, Judge Weighs Scope of Muellers Authority Southwest Accident Shows Passengers Unprepared for Emergencies Democrats Sue Trump Campaign, Russia, WikiLeaks Over Election When the Twitter Mob Came for Me Show less

Swing Trading - The Easiest Technique For Crypto Profitability 2 days ago Asset Swinging is the widely-used technique that would make you accumulate more digital assets as time goes by. Timewould be the most essential tool that everyone could simply have. A great amount of patience would also play a great role in the profitability of the principal amount invested using this process.This is also the safest way to earn profits out of our own capital funds which can generate up to 300% or your invested money multiplied into three times over a short period of time. This achievement happened to my own funds last November 2017 so it will still depend on how the market is doing. Sounds really exciting right? But it also entails a certain amount of calculated risk.Let's always remember that if we are going to let ourselves updated with our investment all the time then we can avoid these calculated risks and prevent our investment diminish drastically. As what I have shared in my previous blog, you're money is protected because of these factors: Please read my previous blog if you do have the time.Resistance And Support In Crypto-Trading - Stability IndicatorsLet's now start the most basic process on how to accumulate a certain amount of cryptocurrency through swinging.Through Swing Trade, we still need to stick to the basic principle of BUY low and SELL high.Let's try to imagine we put a bag of money worth $1,000 on an actual Swing from the playground where children use to play.Image sources 1 & 2We push the swing with a bag of $1,000 amount as far opposite from us and wait for a few seconds for the bag to come back with $1,200. It's either we use the whole $1,200 and wait for the right moment to push the bag again away from us or probably get the $200 and proceed to the same process with $1,000 again inside the bag.Going back to the real deal.We don't necessarily need to be good with Technical Analysis (TA) of any chosen cryptocurrency to ensure profitability but again as I have said we only need to be updated with our chosen currency all the time (most likely perform a daily check). Technical Analysis may be helpful to predict the market and the value of a certain crypto asset but most of the time when the price already breaks from the resistance and support, it always vary again and would create another interpretation superceding the former technical analysis that were reported by those few experts we are following.We need to take care of our hard-earned money that we are going to use as an investment. We have to document the time, exact amount that we bought the digital asset and the generated crypto we gained from this certain trade batch that we did.We need to divide or allocate the whole amount that we have as principal investment for suddenanticipation of losses due to the dips of price of the chosen currency in the market.Let's say we do have $1,200. Let's cut it into $1,000 and $200.I Will be giving more details why I need to exclude the $200 from the whole $1,200 we have on hand later.Let's also stick to ONLY one pairing process for this activity and let's choose Bitcoin - USD pairing (BTC-USD) or a Stable-coin (BTC-USDT) for example (T in USDT stands for Tether) in which we just put our acquired USD as our savings if we intend to keep our money in a trading platform for quite sometime while being patient to do another trading batch.If we start buying Bitcoin now using our $1,000 then this is how much Bitcoin we will get.At the time of writing this post, the Bitcoin value is 0.12 BTC.Please check the Real time value of BTC now in USD using the CoinGecko widget:If we started buying it then all we need to do is directly look at the BTC-USD charts and notice the position you bought your BTC from the chart.Let's check the platfom with the largest volume of trades used globally: BinanceTo view the real time value and see your actual position if you are going to buy BTC then please confirm it using this link:https://www.binance.com/en/trade/BTC_USDTThe blue arrow shows your actual position if you will buy BTC at the moment using your fiat currency. A dilemma here is evident since at the moment, you will never know if the market is in trending or just being supported @ $8,500 and with a resistance of $8,600.The primary goal that you would need is to make your 0.12 BTC to 1.0 BTC the shortest period of time through the constant Buy-back whenever you have a great position.This is the preferred reference to see your earnings accumulating BTC and not the other way around using your Fiat to check for it.When you see a total dip after you were already able to secure your position then the $200 buffer amount can also be added to your 0.12 BTC to ensure that profits from the $200 when you think the price already break the support level and it already stopped from going down. That is the best way to inject the additional $200 you have wich comes from the original $1,200 money on hand.We must also patiently wait for the best time to do a Buy-Back using the whole balance that was gained.That's the goal per se. You may want to set your short-term goals for your own capital funds but nevertheless stick to your plans.When you initially BUY a certain crypto and already seen your position on the graph where you already bought it, you need to be really patient and wait till you see the percentage of the chosen currency's growth. You may set your own preferred profit rate of at least 5.00%. (I always stick to 10%) It would now be up to you to set your own....Just to check my own analysis if we are in the right trackImage Source is Bitstamp.We were able to see large swings here that happened yesterday May 31. And the dip from the last candlesticks definitely projects a trend yesterday up to now.Image source is BitstampJudging the lines generated by the graph, we are really on a trend. So we must really grab this opportinuty to still earn even though we might be thinking we are too late since Bitcoin has already shown 60% growth since January 2018 up until now.Going back!This only means your $1,000 worth of Bitcoin is now already $1,100 (from the 10% surge example) with a new profit of $100 minus the trading fee (of 0.10% of $1,100 fee per exchange when you actually SELL your BTC into a USD or any stable-coin). Or just wait for your orders to get filled when you do your own SET SELL.0.10% trading fee is really minimal so let's just exclude this insignificant amount being deducted to our 10% triumph.So we do now have $1,100 and was able to SELL in a great position.What can you do being in the top position now?You can BUY other cryptocurrencies that are in the BEST position to BUY (or showing LOW on the graphs, and the ones you can see in the crypto blogging platforms - like publish0x that gives awesome signals on what currencies to BUY from the blogs of other amazing authors)You might wanna be patient and check the waters if the price of the initially chosen currency (Bitcoin) to have another dip for about another negative 10% and below. If you are pairing it with a stable-coin which your $1,100 stays and SET SELL it to a certain price that you would want to BUY Bitcoin.Manual TradingThe best part is to do this BTC Buy-Back if you will just be able to log in to your trading platforms every 24 hours. If you are an extremely busy person and getting online for 48 hours would be impossible for you, then you might want to consider SETTING a SELL order of your chosen stable-coin to BTC at your preferred value. Once the market hits the value that you have set then it automatically fills your order.You need to create a record of your first ever successful trading batch for documentation so you would actually see all profits you have gained so far from this activity.Upon buying BTC again, was it able to add a few increments on your original BTC when you bought it the first time with your $1,000?Congratulations with your triumph accumulating BTC from this process.Ideally, after identifying the points of Resitance and Support when the price of the chosen currency is somehow stable and not even in trending movement.Upon checking your position from the graph when you bought the asset, it should always be near the support line. Once the last candle stick from the right part is getting near the resistance level or if it breaks out from the resistance line, then you should always consider SELLING your BTC back into USD or a Stable-coin. But as BTC pumps we should wait till it should have even the slightest dip again before we SELL.Image sourceIf this happens and you were not able to SELL when the candlesticks are near the Resistance Line then just be patient and wait for another swing. Though you missed those chances, it is perfectly fine.The market is in the bull run so it will most probably resume to a trending pattern and then get the most out of it.Then just repeat the same process until you reach your goals.Convert your BTC back to your local wallet and enjoy the fruits of your labor.Always remember not to be greedy.If the market is on Trending mode or on the Bull-Run then you might wanna actually get the most out of it by securing your position (BUYING) because it is not always going to pump at all times but still has a chance to BUY from the slight dips of the USD value.This post will be shared to a lot of newbies in the cryptocurrency world. The link that this post would generate will be ultimately useful for these newbies to create their own pattern and own techniques too.Disclaimer:It should be known that I am not a Financial Adviser and this is not an investment advice but purely a guide for people who are new into cryptocurrency trading. I am just sharing my best practices in which I was able to gain a lot using this strategy last Year-2017 and up until now.The content of this blog is solely my successful trading experience delving into cryptocurrency. Buying Cryptocurrencies poses considerable amount of risk. Past experience does not indicate same results in the future. Just invest the amount you can afford to lose. Consult your own professional advisor before dealing with cryptocurrencies.If you have something to share like this and you want to earn Bounty0x Tokens (BNTY) and HYDRO at the same time, click this link, register and apply to become an author and post your first blog now!https://www.publish0x.com?a=LYqaQPZenjCover Image SourceBlog Introduction To CryptoCurrencies Get to know more about each crypto being featured and how to earn them. This will tackle the most basic things that we need t...Author fycee cryptocurrency enthusiast, writer-blogger, custome... Send a $0.01 microtip in crypto to the author, and earn yourself as you read! 20% to author / 80% to me. We pay the tips from our rewards pool. Show less

For the better part of 2019,Bitcoinwas in a powerful uptrend. After the leading crypto asset by market cap touched its bear market bottom at $3,200 the asset went parabolic until it topped out at $14,000 just shy of setting a new all-time high.After consolidating in a symmetrical triangle for three months, Bitcoins bullish trend has reversed, and according to a crypto analyst, a downtrend is now in full swing, and any bounces in price to higher levels are opportunities for a profitable short position entry.Bitcoin Downtrend In Full Swing, Short Each Bounce The consensus amongst crypto analysts throughout much of 2019 was that Bitcoin was well along its way into a new bull market, and that any dips were opportunities for buying or opening a long trade position.A significant dip finally arrived after Bitcoin was rejected from $14,000, but buyers couldnt muster up enough buying force to sustain Bitcoin price above $10,000, and eventually, the multi-month triangle broke down, potentially causing a bearish reversal.One crypto analyst, known for using unorthodox Renko candle charting, says thatBitcoinhas indeed reversed and is now in a downtrend, and that buy the dip season has now turned back into an opportunity to short each bounce for profits.Topping the economic crisis further is Brexit. UK President Boris Johnsons efforts to divorce the European Union on October 31 has met with no results. His Conservative Party isfacing splitover a no-deal Brexit, which, in turn, keeps equity markets as confused as its counterparts in the cryptocurrency space.Bitcoin does not correlate with the events developing on a global financial scale. But the cryptocurrencys efforts to attract institutional investors certainly do. Big whales are ideologically switching their positions between risk-on assets like equities and risk-off assets like Gold and US Treasuries. That makes bitcoin a silent spectator, waiting for the economic turmoil to end before anyone even looks at it.Altcoins Up against Bitcoin Meanwhile, traders within the cryptocurrency space are moving out of bitcoin. That is evident in the 24-hour data presented by CoinMarketCap. It shows almost all the altcoins in green against BTC, with Binances BNB leading the charge with a 10 percent profit.Binance Coin leads intraday altcoin rally against Bitcoin | Image credits: CoinMarketCapIn the coming days, all eyes would be on the aftermath of the Feds expansionary policy. In retrospective, the central banks chairman Jerome Powell has announced that they would repurchase Treasury bonds to end an ongoing cash crunch. The move, coupled with a potential 25 bps rate cut, is likely to make the US dollar weaker. Some analysts see the event as a validation to bitcoins deflationary nature against fiat. Ikigais Travis Kling states:Bitcoin is an insurance policy against monetary & fiscal policy irresponsibility.But are institutional investors listening? Do tell us what you think in the comment box below. News Source Continue ReadingBitPays Co-founder and CEO, Stephen Pair, featured on one of Charlie Shremspodcaststo give his take on the crypto-ecosystem. During the interview, Pair claimed that theBitcoinwhitepaper was a culmination of all the failed financial projects before it, such as DigiCash, Pretty Good Privacy (PGP) and B-money. Highlighting the use of existing technologies and coding language, he said,Satoshi wasnt reinventing the wheel. But he was able to bring all these differenttechnologiestogether and solve this Byzantine Generals problem with how do you not trust anyone but have this trusted system.Clarifying the dilemma between buying or mining Bitcoins, Pair stressed that mining Bitcoin is considered as a loss making business in the eyes of the IRS, although it allows miners to earn Bitcoin which can be taxed only if sold. Further, the entrepreneur noted a shift in mentality as businesses have started to adopt cryptocurrency as a good business decision. He added,Companies are using it (Bitcoin because they get real value out of it. And its not because they are fans of the technology or they want to make a big marketing headline.Pair also spoke about the decade worth ofblockchaininnovation (led bycryptocurrency) that will be pushed into the centralized markets. He added that any kind of centralized database (such as)Facebook, Twitter, and Github, are eventually going to be replaced by blockchains of some kind.Source.cryptonewsz. Continue ReadingThe Feds decision to expand its balance sheet is seen as a long-term positive development for bitcoin by crypto market experts. However,it hasnt yet buoyed the cryptocurrencys price, which is consolidating around $8,200.Short-term technical charts are calling a bullish move to the 200-day moving average, currently located above $8,600.The case for a corrective rally to $8,600 would weaken if prices drop below $7,763, invalidating Mondays bullish candlestick pattern.Bitcoin (BTC) is lacking a clear directional bias on Wednesday, despite the Federal Reserves (Fed) plan to restart its inflation-boosting balance sheet expansion program.The top cryptocurrency is currently trading largely unchanged on the day below $8,200 on Bitstamp and has spent a better part of the last 24 hours consolidating in the narrow range of $8,100 to $8,300.The cryptocurrency is failing to draw bids even though Federal Reserves chairman, Jerome Powell,saidon Tuesday that the U.S. central bank will soon start expanding its balance sheet again in an effort to avoid a repeat of the recent turmoil in the money markets.Short-term ratesshot upas high as 10 percent in September, threatening to disrupt the overall lending system and forcing the Fed to inject hundreds of billions of dollars via market repurchase agreements (repo operations) to keep interest rates in the intended range of 1.752 percent.Powell said the Fed may have to keep pumping money into the financial markets by buying securities in the coming days in order to ensure the smooth functioning of the overnight or short-term lending markets.The markets believe the Feds latest operation is nothing but round four of quantitative easing (QE) central bank purchases government securities or other securities from the market in order to increase the money supply and encourage lending and investment. The Fed conducted three rounds of quantitative easing between 2009 and 2015.Many observers are of the opinion that the QE programs are inflationary in nature and consider bitcoin as a hedge against such policies.Bitcoin skeptic and CEO of Euro Pacific CapitalPeter Schifftweeted in June that QE is the new normal and will lead to dollar sell-off and hyperinflation.Travis Kling, a former equities Portfolio Manager and now the head of acrypto asset management firm Ikigaitweeted earlier today that bitcoin is insurance against irresponsible monetary policies like QE.The argument has merit as bitcoins monetary policy is fixed and deflationary in nature its supply is reduced by half every four years via miningreward halving.Also, QE creates hyperinflation in financial assets like sovereign bonds, as pointed out byDaniel Lacalle, Chief Economist and Investment Officer at Tressis Gestin a Madrid-based asset management company.Feds purchases of government securities will push up bond prices, triggering a drop in yields, possibly leading to increased investor demand for high-yielding assets like bitcoin.After all, government bonds in most developed countries are already offering negative yields and bitcoin is the best performing asset of 2019 with triple-digit gains.And last but not least, the crypto market community believes BTC has an innate intrinsic value like gold, which has a strong positive correlation with the Fedsbalance sheetsize.As can be seen, the Fed s balance sheet size expanded from $865 billion in August 2007 to $4.4 trillion by the end of July 2015.Golds price rose from lows near $700 seen in November 2008 to a record high of $1,920 in November 2012.The positive correlation ended in 2013 as the Fed began preparing the markets for a taper (slowdown in bond purchases). The QE program ended in October 2014 and the central bank began trimming its balance sheet size from the second half of 2017.Interestingly, gold picked up a strong bid in November last year as markets began pricing in the prospects of US recession and aggressive Fed easing.All-in-all, the Feds decision to expand its balance sheet could be a long-run positive for bitcoin, as tweeted by popular analyst@IvanOnTech.So far, however, bitcoin has struggled to find takers, as noted earlier. That said, the short-term technical charts continue to call a move higher to $8,600.Daily chart Bitcoin created a bullish outside bar candlestick pattern on Monday, warning of an impending a move higher. So far, the follow-through to Mondays bullish candle has been dismal the cryptocurrency remains below $8,313 (Mondays high).Even so, the bullish prospects remain intact, as prices are hovering well above the bullish candles low of $7,763. Further, the MACD histogram has crossed above zero, confirming a bullish reversal.Meanwhile, the daily line chart is reporting a bullish divergence of the relative strength.The cryptocurrency appears on track to test resistance at $8,607 (200-day moving average). A UTC close higher would expose the next hurdle lined up above $8,800 and near $9,000.The short-term bullish case would weaken only if prices find acceptance below Mondays low of $7,763.Disclosure:The author holds no cryptocurrency assetsat the time of writing.Source:coideKContinue Reading Show less

The Bitcoin (BTC) futures market reawakened in early 2020, following more active price action on the spot markets. Across the board, leading futures trading platforms saw significant growth. Bitcoin Futures Volumes and Open Interest Peak as Prices Move Bitcoin futures bet on the price direction, and open interest as well as trades increased with the promise of higher volatility.Serious bitcoin futures volumes yesterday $20bln+ on our radar (not an exhaustive count) pic.twitter.com/6kCSFRq6cy skew (@skewdotcom) January 9, 2020Once again, crypto-to-crypto exchanges held the lead when it comes to futures trading. OKEx and Huobi remained at the top, with BitMex the other big influence on the futures markets.Bakkt Open Interest Breaks Record Bakkt futures remain relatively slim in comparison to the other markets, but are seen as a sign of mainstream adoption. Bakkt futures also post growing volumes, with a pickup in activity in the past few days.Wednesdays Bakkt Bitcoin Monthly Futures: Traded contracts: 4107 ($32.59 million, -15%) All time high: 6601 (12/18/2019) Open interest: $9.53 million (+45%)Knowing bots, we recommend this smart trading bot: https://t.co/W8ClGYnuNn pic.twitter.com/XyTrKfKkUM Bakkt Volume Bot (@BakktBot) January 9, 2020Bakkt volumes picked up significantly with the bitcoin price action, but are on the retreat now. The recent bull rally saw open interest close in on all-time high figures.Bitcoin poses unique challenges on the futures markets, as price swings are highly unpredictable. This leads to sudden liquidations that erase positions, especially during attempted shorting. The recent sudden spike of hundreds of dollars was enough to liquidate short positions.Futures are also viewed as holding the potential to predict bitcoin price moves. So-called gaps, or bets outside the continuous range of BTC prices, are viewed as potential target levels. It is uncertain if gaps can lead to price pressures, but currently, CME futures suggest bitcoin may take a hike down before appreciating again.#Bitcoin There are gaps in the charts of Bitcoin CME Futures. These gaps are often closed later and offer ideal correction targets. They can even help to show where a low point could be.Currently we see a target at 7680 down and 11195 up.So, down first and then up. RJ (@RJuninger) January 8, 2020Added to the futures market activity, in the coming days, the CME will also contribute with the launch of the options market.Bitcoin price is still above the $7,900 support level, which was established as one of the strong positions to be defended. However, the predictions see another dip in prices, before a new leg up eventually. BTC traded at $7,39.97 on Thursday, as spot volumes slowly diminished to around $26 billion in the past 24 hours.Bitcoin futures remain a much riskier game in comparison to spot markets. Spot markets still require actual whales to move prices, while futures offer an outright bet on which direction BTC would take. Bakkt futures also reveal there are very few physical deliveries, and positions are being rolled forward or traded.What do you think about BTC futures activity? Share your thoughts in the comments section below!Go to SourceAuthor: Christine VasilevaRecommended Crypto Services, Products and Strategies: The first thing any crypto investor needs isis a reliable and secureCrypto Wallet. Whether youre looking for an online wallet, hardware wallet, desktop or mobile wallet, Crypto Renegade provides you with all the Best Crypto Wallets in each category.When youre ready to buy more crypto, or exchange your coins for others, Crypto Renegades list of the Best Crypto Exchanges has you covered. The Crypto Exchanges recommended here offer everything from simplicity and convenience to advanced trading platforms and profit sharing.If you want to learn more about the methods and tools that can be used to find Great Crypto Projects , then be sure to check out Crypto Renegades strategy for How To Find The Best Cryptocurrency .For those people that dont have any money to invest right now, or just want to understand the technology a bit more, youll definitely want to check out Crypto RenegadesFree Crypto Strategy and start collecting Free Coins today!What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below. Show less

Share this withEmailFacebookMessengerMessengerTwitterPinterestWhatsAppLinkedInCopy this linkThese are external links and will open in a new windowThe value of the virtual currency Bitcoin has always been volatile.Even so, there has been particular turbulence in recent days as fears of a "civil war" among its adherents first grew and then subsided, although they have not gone away altogether.On Sunday, the value of one bitcoin dropped to about $1,863 (1,430) before bouncing back to $2,402 on Wednesday, according to data from the news site CoinDesk - still some way off a June high of $3,019.Bitcoin risks becoming a victim of its success.The popularity of the financial technology has caused transactions to be processed slower, with some users complaining of having to wait three days or more for confirmation of trades when the backlog was at its worst, in May.Moreover, fees have also risen, hitting a high of $5 per transaction at the start of June. That makes it too costly to justify its use for some purchases, such as buying a pint of lager in a Bitcoin-accepting pub.There are ways around the problem, but the cryptocurrency's community has been split over which solution to adopt.The risk is that Bitcoin could effectively split in two, with one type becoming incompatible with another, ultimately undermining confidence in the project altogether.The issue is that Bitcoin's underlying technology has an in-built constraint: the ledger of past transactions, known as the blockchain, can have only 1MB of data added to it every 10 minutes.To understand why, it's helpful to first understand how Bitcoin works.To authenticate Bitcoin transactions, a procedure called "mining" takes place, which involves volunteers' computers racing to solve difficult mathematical problems.For each problem solved, one block of bitcoins is processed. As a reward, the successful miners are given newly generated bitcoins.An updated copy of the blockchain database is then copied to all the computers involved in the validation process, which are referred to as "nodes".Bitcoin originally did not have the 1MB/10min blockchain limit, but the feature was added to help defend the technology against denial of service (DoS) attacks, which might overwhelm the blockchain by flooding it with tiny transactions.Mining, by the way, has become a big business in its own right, with some companies investing in huge "farms" of computers dedicated to the activity. Several of the biggest are based in China.Many of the miners have, in fact, favoured the so-called Bitcoin Unlimited solution.They said that allowing them to increase the 1MB block size would speed up transactions and reduce transactions fees.But this could also make mining more expensive, and impractical for small "mom and pop" operations, leaving it under the control of a handful of large corporations.That is because more processing power would be needed to verify transactions.Furthermore, additional data bandwidth and storage space would be needed to transmit and store the blockchain, since it would become much bigger.Critics also say the move would make Bitcoin more vulnerable to hackers.Moreover, some people are concerned that giving the miners power to vary the block size might undermine the principle of Bitcoin being decentralised, with no equivalent to a central bank running the show.Some software developers have favoured reorganising the format of Bitcoin transactions to make the blockchain more efficient.Specifically, they propose relocating " transaction signatures" - which unlock bitcoins so they can be spent - from within the blockchain to a separate file transmitted alongside it.Doing so should make it possible to process transactions at double the current rate.And as an added benefit, "node" computers could save on storage space by opting not to keep records of the oldest signatures.This scheme is known as Segregated Witness, or Segwit.However, critics say it would deliver only a temporary respite while adding an extra level of complexity.It appears so.A middle-ground solution - called Segwit2x - aims to start sending signature data separately from the blockchain later this week and then to double the block size limit to 2MB in three months' time.An initiative called Bitcoin Improvement Proposal 91 (BIP 91) states that if 80% of the mining effort adopts the new blockchain software involved and uses it consistently between 21 July and 31 July, then the wider community should accept this as the solution.The good news for those who like the idea is that close to 90% of miners appear to back the effort, according to Coin Dance, a Bitcoin-related statistics site.Other plans exist to try again after August if the target is missed.But a risk remains that if use of Segwit2x software never reaches the required threshold or that hardcore opponents refuse to buckle, then it could result in two different versions of the blockchain, and in effect two types of Bitcoin.Such as schism could help rival cryptocurrencies, such as Ethereum, prosper and ultimately doom Bitcoin altogether.One expert, however, said he believed that was an unlikely outcome."The vast majority of people in the Bitcoin community are opposed to splitting Bitcoin into two competing cryptocurrencies," said Dr Garrick Hileman, research fellow at the Cambridge Centre for Alternative Finance."Such a move would weaken Bitcoin's network effect advantage and sow confusion."It is much more likely that people who are dissatisfied with Bitcoin's direction will simply move on to something else, which is what we've seen in the past." "More and more small to medium sized companies who are 'mining' at the moment will be taken out of the game if they won't adapt and grow," said Martin Sims, CEO of Coin Geek."It's a very competitive industry and everyone needs to update and evolve as the popularity of bitcoin increases and the game changes."The BBC is not responsible for the content of external Internet sitesThe health secretary wants action from the sites on underage use, bullying and screen-time limits. Meet The Woman in WhiteSign up for our newsletter Show less

Are you confused regarding what kind of bitcoin system to trade? Why not check out the time-tested bitcoin trading styles of swing trading and trend following.What Is Bitcoin Swing Trading?Heres Investopediasdefinition of swing trading:Swing trading is a style of trading that attempts to capture gains in a stock (or any financial instrument) over a period of a few days to several weeks. Swing traders primarily use technical analysis to look for trading opportunities. These traders may utilize fundamental analysis in addition to analyzing price trends and patterns.As a Bitcoin swing trader, you seek to profit from the numerous short-term (two weeks or less) trade opportunities that can present themselveswithina larger-scale trend move, one which may take weeks or even months to play out.Swing trading may be ideal for bitcoin fans who like lots of trading opportunities. It may also be a good fit for you if you possess above-average chart-reading skills, as that might help you fine-tune trade entries and exits for more gains or smaller losses.The Fast and the SlowIf you are the personality type who likes to see frequent and fast resolutions to the situations you deal with in life, then, by all means, give swing trading a whirl. Trend following will likely bore you to death, and might even tempt you to take profits too fast, long before a big trend has time to run to completion.Take a glance at this daily bitcoin chart, one that depicts a recent valid long swing trading op:Figure 1.) BTCUSD, dailyBitcoin swing trading systems produce more trading opportunities than trend following systems. However, profit factors and average profit per trade stats are typically less than those produced by trend systems.Short entry trigger:A double stochastic oscillator rises above 85, turns down and a 3-period Gann Hi/Lo activator triggers a short setup bar. Bitcoin must also be trading below its downsloping 100-period exponential moving average for this to be a valid trade setup. The actual trade entry occurs one tick below the setup bar low.Short exit trigger:A reversal and close back above the 3-period Gann Hi/Lo activator.Long entry trigger:A 5-period double stochastic oscillator drops below 15, turns up and a 3-period Gann Hi/Lo activator triggers a long setup bar. Bitcoin must also be trading above its upsloping 100-period exponential moving average for this to be a valid trade setup. The actual entry occurs one tick above the setup bar high.Long exit trigger:A reversal and close back below the 3-period Gann Hi/Lo activator.Using a hypothetical $25,000 allocation per trade, this bitcoin swing trading model produced the following system stats:Number of trades: 17Profit Factor:2.89Average win/average loss: 3.25Winning percentage: 47.06 percentShort trades: 14Long trades: 3Profits: $18,564Average trade: $1,092(commissions and slippage not factored)A Healthy Trading SystemThe above bitcoin swing system stats are considered very good by any measure. In fact, the only real downer here is the poor winning percentage. However, once bitcoin can manage a sustained bullish trend, the win percentage may climb closer to 55 or even 60 percent. Time will tell.This is a very basic system, one that could use some optimization to improve its performance. Your job now is to take these raw inputs and massage them into a system that works well for your own trading temperament.What Is Bitcoin Trend Following?Heres Investopedias definition of trend trading:Trend trading is a trading style that attempts to capture gains through the analysis of an assets momentum in a particular direction. When the price is moving in one overall direction, such as up or down, that is called a trend.When youre a bitcoin trend trader (or trend follower), youll typically seek to ride an emerging trend, staying onboard for as long as it takes for it to finally exhaust. Youll ignore the random (and the not-so-random) fluctuations against the trend, seeking truly big winning trades.Trend followers have fewer trade ops available compared to swing traders, but the price moves can often be breathtaking. Trend following could be a great match for you if you are patient, possess only modest chart-reading acumen, and have very little time to monitor the altcoin markets during the day.At times, the bitcoin market becomes highly volatile. Swing traders might be needlessly stopped out for a loss, whereas your bitcoin trend following system may just keep plodding along, oblivious to such temporary market gyrations.Since February 2018, there have been only six completed BTCUSD trend following setups. The most recent hypothetical trade (long on February 19, 2019) is still open and is up by 81 percent currently.Entry trigger:A daily close beyond an ATR(14) * 3 volatility trailing stop, followed by a one-tick move beyond the trade setup bar.Exit trigger:A daily violation and subsequent close beyond the same ATR(14) * 3 volatility trailing stop.Long trade filter:Bitcoin must be trading above its upsloping 100-period exponential moving average (ema) for a valid long entry.Short trade filter:Bitcoin must be trading below its downsloping 100-period exponential moving average (ema) for a valid short entry.Using a hypothetical $25,000 allocation per trade, this bitcoin trend following model produced the following system stats:Number of trades: 6Profit Factor: 3.45Average win/average loss: 3.46Winning percentage: 57.14 percentShort trades: 4Long trades: 2Profits: $9,406Average trade: $1,568(commissions and slippage not factored)Is this a good bitcoin trend following system? Yes, at least over the past 15 months, anyway! Remember, the current trade is still open and is up by 81 percent (as of May 17, 2019) and is not included in the above stats.If you like the idea of only a few trades per year, minimal time in front of a computer screen, and a high likelihood of catching every large trend move (and some smaller losses, too), then this simple volatility stop trend following system might be right up your alley.Experiment with this trending model by adjusting its volatility stop input parameters, adding profit-taking exits, testing it on a variety of altcoins, or even running it on intraday, weekly, and monthly time frame charts.Figure 2.) BTCUSD, daily:This basic bitcoin trend following system produced superior trading stats compared to the swing system previously examined. However, both sets of hypothetical stats are very impressive. Time will tell if they continue to perform consistently well.Potential Pathways to Bitcoin ProfitsBitcoin swing trading and bitcoin trend trading are two of the best pathways available for you to participate in a systematic, disciplined method of extracting profits from the bitcoin market via wise use of statistics, careful evaluation of your trading personality, and wise allocation of your risk capital.For additional valuable information about bitcoin and altcoin investing, be sure to newsletter today!Disclaimer: Author holds no position in bitcoin currently. All trading systems were constructed with the tools included standard in TradeStation 10, along with a double stochastic oscillator available at Bressert.com. All system results are hypothetical and are not specific trading/investing advice for any specific person or entity. Show less

Bitcoin Price Stabilizes Following Series of Wild Swings The counter-trend rally continued in earnest in the cryptocurrency segment in the past 48 hours, with the majors forming yet another short-term swing low and hitting new correction highs. Some of the most oversold coins have been leading the move so far, and the early leaders, such as Litecoin and Ripple remained strong while others joined the strong momentum move, pointing to a more sustained move to the upside after the recent rout in the segment.That said, the broader downtrend is not in danger in the case of the top coins, and while short-term further gains are still likely, investors should treat their positions as short-term trades, with at least, a retest of the lows still being the most likely scenario in the coming months. For now, our trend model remains on buy and neutral short-term signals, but with sell long-term signals still being in place across the board. (adsbygoogle = window.adsbygoogle || []).push({});BTC/USD, 4-Hour Chart AnalysisBitcoin has been showing relative weakness so far today, despite trading clearly above the key $4000-$4050 zone, and scoring a new correction high. Despite the short-term weakness, the coin remains on a buy signal in our trend model with regards to the short-term time-frame, while being on a clear sell signal from a long-term perspective.Targets for the counter-trend rally are still ahead near $4450 and in the $5000-$5050 zone, and short-term traders could still trade on the long side, with the broader picture still being oversold in the wake of the recent rout, with further key support zones found near $3600 and $3000.ETH/USD, 4-Hour Chart AnalysisEthereum has been leading today’s rally, and the coin got topped the $150 level and got close to the strong $160 resistance level which also coincides with two broader downtrend lines. (adsbygoogle = window.adsbygoogle || []).push({});  » Read Full Article « Hacked December 27, 2018 Related ItemsBitcoinBTC/USD Show less

CRYPTOCURRENCYBTC/USD stays under $8,000, but sell-off may be limited.The critical resistance is created on approach to $8,200.Bitcoin (BTC) dropped below $8,000 handle after an unsuccessful attempt to settle above $8,500 barrier on Monday. The first digital coin has lost over 6% of its value in recent 24 hours. On a weekly basis, BTC/USD is down 8.3%.Bitcoin confluence levelsThere are a few barriers located above and below the current BTC/USD price. The coin is at the p=mercy of speculative sentiments, which means that the movements might be pretty unpredictable at this stage.Resistance levels$8,230 the middle line of 1-hour Bollinger Band, 23.6% Fibo retracement on daily and weekly intervals$8,400 38.2% Fibo retracement daily, and 61.8% Fibo retracement weekly.$8,500 the middle line of 4-hour Bollinger Band, 61.8% Fibo retracement daily, SMA50 (Simple Moving Average) 1-hour).Support levels$7,900 Pivot Point 1-day Support 1, SMA10 15-min, the middle line of 15-min Bollinger Band.$7,650 38.2 Fibo retracement monthly, Pivot Point 1-day Support 2 Show less

All Cryptocurrency Prices Today Have Volatile Swings   All Cryptocurrency prices were volatile today, and most were down as of 2:00 p.m., with the total value of the global marketplace falling from nearly $95 billion to roughly $86.8 billion over the last 24 hours. The biggest story moving cryptocurrency prices today (Tuesday) was renewed fear over a potential August fork in Bitcoin that could split the currency. Bitcoin Cash has announced plans to proceed with a fork. BCC is generating support ahead of its planned first day of trading in August. Two exchanges – Bithumb and Kraken – have confirmed plans to list BCC, despite offering a press release for confirmation. Meanwhile, Japanese exchanges have resumed operations after a shutdown needed to prepare for a possible disruption in Bitcoin.   Below is a recap of cryptocurrency prices at 2 p.m. EDT… Bitcoin: $2,566.24, -6.25% Ethereum: $205.64, -8.39% Ripple: $0.17, -9.09% Litecoin: $42.00, -5.38% Dash: $195.55, -6.01%   Now that we know all of today's price movements, here's what has been moving these cryptocurrencies… Bitcoin Prices Today: Bitcoin Slides Below $2,600 Bitcoin prices dropped again as concerns about a potential fork reemerged on Tuesday. A hard split for the currency is still on track for Aug. 1. Bitcoin will be split into two new coins, Bitcoin Core (BTC) and Bitcoin Cash (BCC).   Ethereum Prices Slide Despite Airline Boost Ethereum prices followed Bitcoin lower Tuesday on heavier than usual volume. Prices fell from highs of about $225 after several days of lackluster activity. Still, there has been plenty of bullish news in the industry. PJSC Siberia Airlines announced it has used the Ethereum blockchain to sell tickets. The company has also said it will consider the acceptance of Ethereum and other cryptocurrencies in the future.   Ripple Prices Follow Bitcoin Lower Ripple prices dipped on the day, with the market capitalization falling beneath $6.7 billion. Ripple prices were down 9% on the day.   Litecoin Prices Drop on Cryptocurrency Sell-Off Litecoin prices also slumped but have been a bit more muted due to news that the currency is becoming more mainstream in its trading.   Dash Prices Slide Despite Apple Store Optimism Dash prices fell more than 6% due to a broader sell-off in the cryptocurrency sector. Dash still remained the fifth-largest cryptocurrency by market capitalization at $1.456 billion due to larger downturns in Ethereum Classic and NEM. Dash prices had been rallying in recent days after Apple announced it had reviewed an appeal to allow the cryptocurrency to be used in the Apple Store.   David Ogden Entrepreneur   Author: GARRETT BALDWIN, Show less

by Trevor Smith | Nov 14, 2017 | Uncategorized | The announced cancellation of Segwit2x on November 9th has initiated a period of intense price volatility across the crypto space. Within hours of the announcement Bitcoin prices began to collapse, and a number of altcoins, notably Bitcoin Cash, saw substantial increases. Prices have continued to swing, although Bitcoin remains down substantially overall, and is experiencing a surge in transaction volume.As planned, SegWit2x was the second part of the New York Agreement that would have created a hard fork of the blockchain with a 2mb increase in block size. Its cancellation is not surprising as a number of miners and developers withdrew support over the past few weeks. At issue has been scalability, and most experts agree that should Bitcoins layer 2 protocol, known as the Lightning Network, proceed as planned a block size increase is unnecessary in the near term.Within hours of the announcement, Bitcoin Cash began to move up quickly, and continued to rise through November 12, briefly breaking $2,000. Most other altcoins moved ahead as well. Dash, for example, briefly moved above $350 and Ethereum broke $320. Most have since retreated, but remain well above their pre-cancellation prices. At one point Bitcoin had fallen to $5,400, but it has since risen to above $6,500.Although the cancellation of SegWit2x does not significantly undermine Bitcoins viability, it clearly caused many investors to abandon it, if only temporarily. The factors that may have contributed to this divestment are worth examining. One obvious issue is the open discord among Bitcoins miners, developers, and investors. The cancellation is proof that even after years of debate, these players cannot agree on a unified vision for Bitcoins future. This division has led to two hard forks since August, as well as the sabotage of the New York Agreement. These actions undermine trust, which is an essential factor in the success of any cryptocurrency.The trust issue is evident in the fact that the altcoins most similar to Bitcoin have experienced the greatest gains over the past few days. These are generally managed by unified development teams, and have clear plans for growth and scalability. In addition to Bitcoin Cash, these include Litecoin, Dash, Zcash, and Monero. Clearly some investors decided that these cryptos are a safer bet long term.Another issue is mining profitability. Once the Bitcoin sell-off began, Bitcoin Cash became more profitable due to its lower difficulty. Miners quickly began to mine Bitcoin Cash instead, causing major shifts in the difficulty levels of both cryptos. In fact, Bitcoin Cashs difficulty advanced so quickly that its team has changed the Difficulty Adjustment Algorithm (DAA) to minimize quick fluctuations. Many miners have since returned to Bitcoin as its price has recovered. Other factors contributing to the volatility is the fear by some that Bitcoin is in a price bubble, and the belief that many altcoins are significantly undervalued. In traditional commodities markets, panic often sets in once a mass sell-off begins. The events of the past few days have demonstrated that crypto markets are no different. In this context, it is important to note that although Bitcoins market cap has declined, the market cap for cryptocurrency as a whole has actually increased. In other words, the publics confidence in cryptocurrency is unshaken. There is merely greater speculation as to which cryptos are the best investments.It is also worth noting that the current price fluctuations are the result of actions by speculators and miners, not weaknesses in the core technology behind cryptocurrency. Even in the midst of wild swings in valuation, overall development and adoption of blockchain technology continues unabated. Also, during the peak activity after the SegWit2x cancellation, networks processed transactions and self-adjusted to congestion as designed. In fact, tests such as these are arguably necessary, as they demonstrate the resiliency of blockchain-based assets.One important takeaway from the past few days is that Bitcoin may be technically sound, but its future as the dominant cryptocurrency depends on its key players setting aside their differences and following a clear path toward mass adoption. It is also all but certain that more price fluctuations will occur, but overall investment and adoption will continue to increase. Recent events have thus proven cryptocurrency to be a strong and robust financial platform, capable of withstanding challenges and difficulties as it moves into the mainstream.Images via BigStock.Global Fintech & Blockchain China Summit April 12, 2018 Held in Shanghai with more than 800 delegates from government, associations, research institutes, traditional financial institutions as well as fintech and internet finance companies, blockchain technology and industry applicatioin companies, cyptocurrency and digital asset related companies. For more detail email terry.pei@ptp-international.com.BlockChain World Forum Shanghai April 19-21, 2018Shenzhen July 5-7, 2018Beijing October 25-27, 2018An event presented in a series of top-level keynotes, interactive panel discussions and solution-based case studies with a focus on learning and building partnerships in the emerging Blockchain space, BlockChain World Forum will explore the industries that are set to be disrupted the most by this new technology, including; legal sectors, financial services, insurance, energy, music, government, real estate and more.List your event here email info@3drholdings.com to inquireThe U.K. Financial Conduct Authority warned against investing in cryptocurrency-based contracts in a post published Tuesday. Show less

Important swing dates occur very soon for Bitcoin. Ethereum and other altcoins also have important swing dates ahead. Bitcoin (BTC) Bitcoin (BTC)The chart above is Bitcoins Law of Vibration chart. The critical level I want to call your attention to are the blue vertical lines on June 26th, 2019 and January 24th, 2020. Those two dates represent the beginning and the end of a 192-day Law of Vibration cycle. This cycle has two crucial behaviors. First, it operates similar to Ganns 180-day cycle which says that anything that has been in a trend will likely find a reversal or corrective move at the end of the 180-day move (can extend to 198 days). The second behavior is that the cycle creates a source of resistance-in-time to the trend in force. The likelihood of a reversal is increased when the high of the trend occurs at the beginning of the trend and the low is at the end of the trend. How should we interpret Bitcoins immediate price action concerning the January 4th, 2020 date? There remain two more days until January 4th date. The low I would expect Bitcoin to reach would be the 4/8th inner harmonic at 6343.51. I would not consider the 7-month low on December 17th, 2019, to be swing low until roughly a week after January 4th and only if the 7-month low has not been broken. Ethereum (ETH) Ethereum (ETH)While Bitcoin (BTC) closed 2019 higher nearly 90%, Ethereum closed relatively flat, but lower nonetheless. The thick red vertical line on June 25th, 2019, was the 6/8th harmonic time pivot which generated a substantial sell-off. The sell-off has continued to this day. Ethereum recently made new 2019 and 7-month lows as recently as December 18th, 2019. The next time pivot is the same pivot we saw on June 25th, 2019 and it occurs on January 5th, 2020. The 6/8th harmonic pivot, in particular, is a powerful reversal pivot. But Ethereum looks to trade lower and create new 7-month lows, surpassing the 2019 low and possibly the 2018 low. If that were to occur, we might not see the ultimate low for Ethereum until the end of the current Law of Vibration cycle on February 21st, 2020. If we do see a continuation move from the 6/8th time pivot, then the next reactionary pivot will be the 7/8th harmonic on January 29th, 2020. Depending on how long you have been involved in cryptocurrencies, you may recall an event in 2017 and early 2018 that was referred to as The Flippining. The Flipping was an event that would see Ethereum surpass Bitcoin in market cap. That has not occurred and it may never happen. The reasons for this are many, but mostly because Ethereum has a great many competitors the chief threat to its supremacy and utility is Cardano, which plans to have its full network released in 2020. The Flippining will instead see Ethereum being replaced by another or several cryptocurrencies to challenge Bitcoins hegemony and dominance over this market.See live prices and historical data on all the cryptocurrencies we track. Quick links to bitcoin, ethereum and litecoin.AdvertisementSave money on your currency transfers with TorFX, voted International Money Transfer Provider of the Year 2016, 2017 and 2018. Their goal is to connect clients with ultra competitive exchange rates and a uniquely dedicated service whether they choose to trade online or over the telephone. Find out more here.AdvertisementJonathan MorganFutures, Forex and Cryptocurrency trader with Shield Wall Trading, LLC. Writer for coinclarity.com. Live...Contact Jonathan MorganRelated News Show less

Bitcoin Cash value has undergone lots of variations because of the ongoing bearish sentiment within the crypto market. However, the value pattern over the previous seven days has given the buyers some motive to smile as the value although beneath bear strain has nonetheless managed to maneuver above the baseline. The value of Bitcoin Cash has been fluctuating within the vary of $293 $310, indicating that BCH coin is making an attempt to maneuver upwards.Bitcoin Cash Price Analysis & Forecast The value of BCH coin has seen lots of variations with the bears frequently placing strain on its value over the previous seven days. Still, the Bitcoin Cash value has managed to carry its floor over the previous 2-Three days and has been rising. From a excessive of $306.3095 on September 10, the value fell to $293.9935 on the subsequent day to the extent of 4.01%. On September 12, BCH value managed to make a restoration at $301.5392 to the tune of two.49%. But once more, inside a day, Bitcoin Cash went all the way down to $297.5062 to the extent of 1.29%. From right here, BCH value began transferring upwards and reached $309.6053 on September 16 to the tune of 4.07%. Today the value has fallen barely to $307.3630, fall being to the extent of 1.04%.BCH to USD Price Chart Bitcoin Cash value had a average opening initially of the yr, and it continued this flattish pattern until April. From April, the bulls took over and the value surged within the upward route until the tip of June. Then, the bears set within the crypto market and turned the tide for Bitcoin Cash and the value began going downwards. Now, BCH value remains to be reeling beneath bear strain however considerably displaying a secure run. The short-term pattern is predicted to be bearish and the value is predicted to maneuver upwards by the year-end.Long-term buyers ought to maintain on to their investments as the present market state of affairs could not give a lot returns. Short-term buyers ought to make investments solely at their very own threat.Continue ReadingAdvertisementYou may also like...Bitcoin crashes beneath $10,000, slowing altcoin rallyMajor Asian Blockchain VC Firm Launches New Bitcoin Tracker FundOJO! BITCOIN sigue cayendo sin aterrizaje por los momentos Momento de vender?Bitcoin Price Dips to $9.6K as Bear Cross LoomsRelated Topics:Bitcoin, Cash, Price, Swing, UpwardClick to comment Show less