#alpari cryptocurrency leverage
Explore tagged Tumblr posts
iqoptionchile-blog ¡ 5 years ago
Text
What Is Forex? How to Make Money Trading Forex?
Tumblr media
As financial technology continues to advance, access to markets becomes easier and easier. With that, the methods to make a living within the financial sector become more and more diverse. From trading futures to investing in cryptocurrencies, there is a method out there to fit your needs. One market that has grown in popularity is the Forex market, which is short for foreign exchange. This is simply when currency pairs trade on the market, such as the United States Dollar compared to the Great Britain Pound.
Tumblr media
What is Forex?
The Forex market is a near 24 hour, 5 days a week market that trades every currency pair in the world. In the immediate sense, it can affect businesses that import and export products, while long-term affects include increased or decreased wages for employee. Within these two example, there are people that take advantage of the movements in the markets and these individuals are known as Forex traders.
How Does Forex Work?
Forex traders enter positions when they believe the market is moving in their desired direction. Similar to equities or futures, you can enter into long or short positions, depending on your opinion. One of the differences are when trading Forex, you choose a lot size, rather than a share of stock. Each lot size can be as little as a fraction of an amount such as .1 or large such as a 100 lot position. This depends on your balance but we’ll dive into that later.
How Can You Make Money Trading on Forex?
How you make money trading the Forex market is predicting where the market will go and enter a position accordingly. When trading in a market that is globally impacted it is critical to stay abreast of the information being published within each country. For example, within the United Stated there are the Fed meeting minutes and oil inventory numbers that tend to have an impact on USD currency pairs. Factoring these in with your decision-making is how you begin formulating a game plan to profit in the Forex market.
Forex Indicators
Tumblr media
Taking a complimentary approach to the Forex market, many traders utilize technical indicators to help them formulate an opinion on the markets (TradingView for example). Fundamental data is important, but many need the aid of technical indicators to solidify thoughts on the market. One of the misconceptions that continues to circle social media and advertisements is there is a one size fit all indicator that is full proof and can help you earn money in the markets. While this would be wonderful, there is no such product that is the holy grail of trading. Instead, you as a Forex trader need to begin looking at the different technical indicators out there and begin finding which ones fit your trading style best. Some of the more widely used charting tools include the Moving Averages, RSI, and Bollinger Bands. These tools are customizable to fit your trading style, whether you are a day trader or a swing trader. Certainly these tools will assist you in helping formulate an opinion but to say they predict market movements one hundred percent is simply a lie.
Forex Robots
Switching gears, with the growth of markets and retail traders gaining access to more, there have been many claims that companies or individuals have created a ‘bot’ that will trade for you and offers a profit. In the same boat as the indicators, it is highly unlikely there are any bots out there that provide consistent returns using only algorithms. If you are ever approached by a brand selling a bot, you should stay away and stick to your original plan. When starting in the Forex markets, first you should understand the fundamentals and know how markets react to certain news publications. From there, you can begin to find the right technical indicators that fit your trading style. At this point, if you are able, you can begin putting together some sort of automated process that either trades or alerts you to potential trading opportunities. The difference here is you understand what is being done to make the robot and it is tailored directly to your trading style and needs.
Choosing the Best Forex Broker
Now that you understand what to avoid and how to formulate a game plan, it is time to find a broker that is right for you. There are several out there but we will quickly review a couple so you understand what is out on the market. First up is IQ Option, which allows you to trade Forex either using Meta Trader or binary options. Binary options simply state whether the market will be above or below a specific strike and a defined point in the future. With binary options you have defined risk and profit up front, allowing for a less stressful way to access the market. Next up is FX Pro, which does not offer binary options, but rather utilizes Meta Trader 4 and Meta Trader 5 to place and execute trades. Later in this section, we’ll go over the difference between the two products. FX Pro also offers a detail list of their products and spreads, allowing for a picture of what it will take to breakeven in a trade. Lastly, there is Alpari that offers potential bonuses as well as CFD’s, along side Forex trading. One area to consider is the education that each platform offers. Continued education, regardless of Forex or equities is critical. Not that it is necessary for the platform to provide educational content; it is certainly a move that shows they are invested in their clients.
Meta Trader 4 and Meta Trader 5 Compared
The most popular product used to trade the Forex markets is Meta Trader.  From there, the most widely used of their products are version four and version five. It’s easy to gather that you can access the market using these platforms, this section will focus on the differences that may sway your opinions one way or another. One of the main differences between the two platforms according to Forexboat.com are the markets. MT4 is unable to access certain markets so with the introduction of MT5, this allows for more brokers and clients. This can benefit the trader by having more options to choose from when attempting to access the Forex markets.
Tumblr media
Another main difference is the background information that allows for algorithm trading, which was briefly mentioned in an earlier section. One of the key features that MT5 allows for is Object-Oriented Programming. If you are only interested in indicators then this may not be as important. However, should you have an interest in building an algorithm for yourself, you may benefit from Meta Trader 5.
Tumblr media
Lastly, MT5 is better for testing compared to MT4. When building a trading plan, if you have the ability to back test a strategy, you should take advantage of that. This can give you insight into if your strategy has merit or is completely off the wall. Regardless of which you choose to move forward with, ensure it fits your trading needs and allows you to execute your game plan accordingly.
5 Ways To Avoid Losing Money In Forex
Entering into a financial market can be intimidating and full of people ready to take advantage of you. It is important that you take as much time to inform yourself so when you move forward, you know what to look for and how to avoid losing money trading in the Forex market. Ensure You Are Finding a Reputable Broker First, ensure you are finding a reputable broker to process your trades. With a plethora of brokers on the market, there are some that provide better rates than others. In order to save you money, take the time to understand their fees, as well as the spreads between the currency pairs. If you can save money in those two spots it will benefit you greatly over time. Diversification Is a Must Second is easily the most obvious in finance is ensuring your holdings are diversified. Diversification is critical because for example, if you are trading strictly USD pairs and there is negative news in the United States, it could impact your whole portfolio negatively. Ensure you have exposure across many of the pairs and diversify your risk away, allowing for a more balance portfolio. Learn First and Trade Second Third is to learn first and trade second. Before opening a live account, see if your chosen platform allows for a demo account. From there, you can begin building your trading and investing plan, then test it without risking any of your hard earn capital. Places you can consider to educate yourself include YouTube and any material the platform you utilize provides. Smart Money Management Fourth is money management when implementing a trading strategy. When trading, it is important to limit your position size to only require roughly 2% of your capital, this way you do not become overextended. To compliment that, ensure you are not leveraged greatly because certainly you can make money quickly, but you can lose money quickly as well. Avoid High Leverage Lastly, ensure if you use leverage that it is in line with your current strategy and it won’t cause you to lose capital quickly should the market move against you. You can leverage 1:100 or even 1:1000, which is likely excessive. Instead, look for a 1:10 or something more customizable should you be afforded the option. Earning money in any financial market can certainly be done. However, with Forex it may take a little extra time due to the global reach it has. Not only that, but depending on what market you choose, it can become increasingly sensitive to information. First you need to know there are no free rides in Forex. If you are approached with a product that claims to give you returns through a robot or indicator, odds are it is too good to be true. From there, ensure you have a trading strategy of your own in place and stick to it. Then you can take your requirements and shop around to find the right platform and broker to process trades. Lastly, ensure you have the right money management plan in place because Forex and quickly give you returns, but quickly take your money as well. Forex is an interesting and ever evolving market, and if played correctly can provide you with a healthy return. Read the full article
2 notes ¡ View notes
abigailswager ¡ 5 years ago
Text
Alpari Cryptocurrencies Trading Details
New Post has been published on https://cryptocurrenciestrading.com/broker-reviews/alpari-cryptocurrencies-trading-details/
Alpari Cryptocurrencies Trading Details
Top5 Brokers for Cryptocurrency Trading
Visit EtoroVisit XTBVisit RoboforexVisit AvatradeVisit LegacyFXVisit HYCMRead ReviewRead ReviewRead ReviewRead ReviewRead ReviewRead Review
  Alpari Review |  Alpari Cryptocurrencies Trading Details
Alpari was founded in 1998 and is currently headquartered in Mauritius. They have managed to become one of the largest brands within the trading industry.
They have over 2 million dedicated clients, 20 years of experience in the industry, 8 locations across three continents and over 250 trading instruments.
Alpari Cryptocurrencies Trading Conditions
BTCUSD -Bitcoin / US Dollar
Min spread (pips)
Min price change
Swap short (%)
Swap long (%)
21.2
‎0.01
‎-30.0000
‎-25.0000
  ETHUSD -Ethereum / US Dollar
Min spread (pips)
Min price change
Swap short (%)
Swap long (%)
‎15.8
‎0.01
‎-30.0000
‎-25.0000
  LTCUSD -Litecoin / US Dollar
Min spread (pips)
Min price change
Swap short (%)
Swap long (%)
36.1
‎0.01
‎-30.0000
‎-25.0000
  XRPUSD -Ripple / US Dollar
Min spread (pips)
Min price change
Swap short (%)
Swap long (%)
50
‎0.01
‎-30.0000
‎-25.0000
  XBNUSD -Ripple / US Dollar
Min spread (pips)
Min price change
Swap short (%)
Swap long (%)
401.5
‎0.01
‎-30.0000
‎-25.0000
Alpari Trading Platforms
MetaTrader 4
Millions of traders across the world are already enjoying the platform’s rich functionality, reliability, and ease of use. MetaTrader 4 is available both as a mobile app and web-based platform, so you can choose the option most convenient for you.
MetaTrader 5
The new generation of MetaTrader, the world’s most popular trading platform. More order types and instruments for analysis along with improved functionality will help to make your work on the Forex market significantly more effective, regardless of which browser you use.
Account Types
Alpari offers 2 different categories of trading accounts,
For independent trading, trades have a choice of 6 different types of trading accounts.
the Nano MT4 account, the Standard MT4 account, the Standard MT5 account, the ECN MT4 account, the ECN Pro MT4 account and the ECN MT5 account.
For the investor level clients, Alpari offers 3 types of PAMM trading accounts, the PAMM MT4 account, the PAMM MT5 account and the PAMM ECN MT4 account.
The key difference between the trading accounts for independent trading and the PAMM account is the fact that with the latter type of trading accounts, it is possible to manage several clients’ accounts simultaneously.
Alpari also makes it easy for traders to sign up with it by not imposing any minimum deposit requirement for its starter level account.
Even the professional level trading account has a low minimum deposit requirement of just $500.
Spreads
Depending on the type of trading accounts, the spreads offered by Alpari are very competitive. For the benchmark EUR/USD, the minimum spread is as low as 0.2 pip.
As for the trading platforms adopted by Alpari, they consist of the industry proven MT4 and MT5 platforms.
These platforms are robust and come with a wide array of trading tools integrated into them. But the MetaTrader trading platforms are most well known for the comprehensive charting package and their ability to support automated trading.
With the use of programming scripts called “Expert Advisors (EAs), traders can automate their trading activities.
0 notes
bitsevenenglish-blog ¡ 6 years ago
Photo
Tumblr media
Bitcoin [BTC]: experts expect 20% of exchanges to be compromised to a hack by 2020, says report/ bitseven,bitcoin exchange,poloniex,bitfinex,bitmex,bittrex
Bitcoin [BTC], the largest cryptocurrency by market cap, saw a drastic price drop through-out 2018, with the coin even losing over 80 percent of its value since its all-time high. A report released by Adamant Capital listed a few major catalysts that could influence a price drop of the largest coin. The first reason stated in the report was the hack of exchanges or its failures. The report stated that “experts” were concerned about Bitcoin exchanges as they expect around 20% of the exchanges being compromised to a hack before summer 2020. The report said, “While cryptocurrency custodians were perceived to be the least risky, our experts still estimated that before the summer of 2020 an industry wide 10-15% of custodians would suffer from loss of funds due to a hack” The second reason for the slump was stated to be a macro-economic downturn. The report stated that Bitcoin has “relatively” high liquidity, which could be used as a proxy for cash if equity or bond markets were to drop. It said, “This could lead to a situation similar to the 2008 paradox of the gold price declining by over 30% coinciding with a record high demand for coins and bars […] we don’t see a financial crisis as a long term headwind for Bitcoin, on the contrary […] we believe that Bitcoin is of compelling value for investors looking to diversify their portfolios […]” The report further listed Bitcoin miners and Mt.Gox to also be one of the main catalysts. Mt. Gox, a defunct Bitcoin exchange that controlled over 70% of Bitcoin transactions, was still undergoing its civil rehabilitation proceedings. The report stated that a significant amount of the Bitcoin that would be redistributed by Mt. Gox to creditors could be sold, thereby influencing the price of the coin. It added, “Finally, a regulatory crackdown should be considered a permanent risk factor, given the disruptive nature of Bitcoin.”
Bitcoin leveraged trade at 100x leverage maximum, 100% profit at 1% price raise Make a profit whether the bitcoin price rises or falls BITSEVEN BITCOIN LEVERAGE TRADING YOU CAN TRUST
https://www.bitseven.com/en
CoinDesk,Coinbase,Ethereum,Ripple,Bitcoin Cash,EOS,Stellar Lumens,Litecoin,Cardano,IOTA,Tether,TRON,Monero,NEO,Dash,alpari,Bitcoin Gold,btc usd,eth usd,bitcoin mining
1 note ¡ View note
thediaryofatrader ¡ 6 years ago
Text
Forex Time FXTM Review
FXTM (Forex Time) Review
Account types
Forex Time offers several different trading accounts, which can be thought of as belonging to two groups: the standard account, and the ECN account. With the standard accounts, you get exactly what you would expect, a typical account that can be anything from the Standard type of currency count, the Cent account, and there Shares account, used for trading CFDs on stock chares that is connected to the NYSE and NASDAQ price listings. With ECN account, you have the ECN MT4 account, ECN MT5 account, ECN Zero, and Pro accounts.
Beyond that, there is also the possibility of trading a swap free Islamic account, which involves a small fee of $1.70 per lot. Forex Time allows micro, many, and standard lots available on all account types.
Trading conditions and deposits
Initial deposit
To open up an account with FXTM, you can start with as little as five dollars to begin. However, some of the more specialized or ECN accounts could ask for more in the way of deposit, extending all the way to the Pro account which begins at $25,000. As with most multi-tiered brokerages, spreads and commissions vary depending on the account size, but suffice to say the larger accounts do get the better conditions.
Forex Time offers a ton of deposit and withdrawal methods, most of which have either no fee, or very minor to say the least. Anything from Bitcoin to bank wires, credit cards, and even many of the world’s global payment systems are accepted.
Spreads and commissions
Most of the accounts that Forex Time offers are commission free. This includes standard, ECN Zero, and Pro accounts. However, with the ECN MT4 and MT5 accounts, there is a small commission fee of four dollars per standard lot round-trip.
Floating spreads are offered by this broker, but very depending on the account side. The tightest spreads of course are available on the ECN and Pro accounts, but obviously with the large initial deposit for Pro accounts, they are meant for institutional clients. As an example, with the ECN MT4 account, typical spreads start at just 0.4 pips in the EUR/USD pair. If you include the commission in that scenario, $2 x 2, this brings the trading cost for EUR/USD to roughly 0.8 pips per lot.
Leverage
Forex Time offers high leverage levels, as much as 1:1000. However, in regard to cryptocurrency CFDs, the leverage drops down to 1:10, as they tend to be much more volatile and dangerous than normal Forex markets.
Security of funds and company information
Forex Time is a multitier broker that has offices around the world and is regulated in various national regulatory bodies such as the UK’s Financial Conduct Authority (FCA), the Cyprus Commodities and Exchange Commission (CySEC), and in some of their peripheral companies, are regulated in other such countries such as South Africa. The company was founded in 2011 by one of the cofounders of Alpari.
Range of markets
Forex Time offers a large range of markets, including currencies, CFDs on commodities, CFDs on Indices, Spot Metals, Share CFDs, and Cryptocurrency CFDs. This opens up a world of trading, as you can go along the New Zealand dollar, while shorting the US dollar. At the same time, you could look into some other exotic Forex pairs such as the Swiss franc versus the Norwegian krone. Beyond that, you have the ability to trade the energy markets, the world’s major Indices, four of the world’s most popular crypto’s, and of course spot metals, and a long list of US shares.
As the world has become much more interconnected, it’s important that you have the ability to diversify your holdings. With the truly global reach of its markets offerings, Forex Time gives you the ability to do so. Forex Time presently offers over 250 financial instruments to choose from.
Added values
Forex Time offers daily market analysis, as well as quarterly market forecasts. There are e-books, trading seminars, trading webinars, a glossary, and a plethora of educational materials that the trader can delve into.
The post Forex Time FXTM Review appeared first on The Diary of a Trader.
0 notes
coolfannyposts-blog ¡ 6 years ago
Photo
Tumblr media
Cardano Mendaki Jebol Level 0,05215, Naik 1%
bitcointrade,bitseven,penukaran koin,bitcoin,token koin,koin,Crypto,penukaran bitcoin,
bitfinex,bitmex,bittrex,bithumb,bitonbay
Mata uang kripto Cardano melaju positif di atas level C$0,05215 pada hari Selasa. Cardano diperdagangkan di 0,05215 pukul 16:25 (09:25 GMT) di Synthetic pertukaran, dan harga meningkat 1,90% untuk hari ini. Itu merupakan persentase keuntungan terbesar satu hari sejak sejak 3 Desember.
Penguatan kripto ini telah mendorong kapitalisasi pasar Cardano bertambah menjadi $1,02291B, atau 0,00% dari total kapitalisasi pasar cryptocurrency. Pada level tertinggi, market cap Cardano bernilai $23,91700B.
Cardano telah diperdagangkan pada kisaran harga $0,04904 hingga $0,05294 dalam 24 jam sebelumnya.
Selama tujuh hari terakhir, Cardano telah menderita kejatuhan nilai, dan naik menurun 0%. Volume Cardano yang diperdagangkan selama 24 jam terakhir hingga waktu penulisan adalah C$0,00000 atau 0,00% dari total volume seluruh mata uang kripto. Harga telah diperdagangkan di kisaran $0,0490 hingga $0,0598 dalam 7 hari terakhir.
Pada harga saat ini, Cardano masih turun 89,51% dari level tertinggi sepanjang masa di $0,50 pada 3 Mei.
Di tempat lain dalam perdagangan cryptocurrency
Mata uang kripto Bitcoin terakhir berada di $4.010,5 pada Investing.com Index, turun 0,87% untuk hari ini.
XRP diperdagangkan di $0,35579 pada Investing.com Index, dan merugi sebesar 1,89%.
Kapitalisasi pasar Bitcoin terakhir berjumlah $69,84422B atau 53,83% dari total pangsa pasar cryptocurrency, sementara itu market cap XRP menyentuh $14,38471B atau 11,09% dari total nilai pasar mata uang kripto.
Ethereum Classic,NEM,VeChain,Binance Coin,Tezos,Omisego,Zcash,Qtum,0x,Zilliqa,Bytecoin,Lisk,BitShares,Decred,Bitcoin Gold,
ICON,Cryptocurrencies,btc usd,eth usd,bch usd,btc,eth,xrp,bch,eos,xlm,ltc,usdt,trx,xmr,MIOTA,ada,trx,xmr,neo,dash,etc,
dompet bitcoin,beli bitcoin,biaya bitcoin,penambangan bitcoin,penambang bitcoin,harga bitcoin hari ini,penambangan bitcoin,harga btc,
cara berdagang bitcoin,harga bitcoin saat ini
https://www.bitseven.com/id
Bitcoin Leveraged Trading, Maksimum 100x Leverage,
100% keuntungan apabila harga naik hingga 1%
Dapatkan keuntungan baik ketika harga bitcoin naik atau turun
BITCOIN LEVERAGED TRADING YANG DAPAT ANDA PERCAYA
bitcointrade,bitseven,penukaran koin,bitcoin,token koin,koin,Crypto,penukaran bitcoin,
bitfinex,bitmex,bittrex,bithumb,bitonbay,harga bitcoin,bitcointalk,grafik bitcoin,bitcoin cash,berita bitcoin,Bitconnect,bitcoin terhadap usd,
CoinDesk,Coinbase,Ethereum,Ripple,Bitcoin Cash,EOS,Stellar Lumens,Litecoin,Cardano,IOTA,Tether,TRON,Monero,NEO,Dash,alpari,
,nilai bitcoin saat ini,tempat mmembeli bitcoin,coin flip,dompet bitcoin terbaik,pool penambangan bitcoin,
bittrex,blockchain,harga btc,berita crypto
0 notes
lindajohnsonn ¡ 6 years ago
Text
FXTM Broker Review – Should You Really Trust this Forex Broker?
FXTM Broker Review – Forex Time Review
FXTM Account types
Forex Time offers several different trading accounts, which can be thought of as belonging to two groups: the standard account, and the ECN account. With the standard accounts, you get exactly what you would expect, a typical account that can be anything from the Standard type of currency count, the Cent account, and there Shares account, used for trading CFDs on stock chares that is connected to the NYSE and NASDAQ price listings. With ECN account, you have the ECN MT4 account, ECN MT5 account, ECN Zero, and Pro accounts.
Beyond that, there is also the possibility of trading a swap free Islamic account, which involves a small fee of $1.70 per lot. Forex Time allows micro, many, and standard lots available on all account types.
Trading conditions and deposits
Initial deposit
To open up an account with FXTM, you can start with as little as five dollars to begin. However, some of the more specialized or ECN accounts could ask for more in the way of deposit, extending all the way to the Pro account which begins at $25,000. As with most multi-tiered brokerages, spreads and commissions vary depending on the account size, but suffice to say the larger accounts do get the better conditions.
Forex Time offers a ton of deposit and withdrawal methods, most of which have either no fee, or very minor to say the least. Anything from Bitcoin to bank wires, credit cards, and even many of the world’s global payment systems are accepted.
Spreads and commissions
Most of the accounts that Forex Time offers are commission free. This includes standard, ECN Zero, and Pro accounts. However, with the ECN MT4 and MT5 accounts, there is a small commission fee of four dollars per standard lot round-trip.
Floating spreads are offered by this broker, but very depending on the account side. The tightest spreads of course are available on the ECN and Pro accounts, but obviously with the large initial deposit for Pro accounts, they are meant for institutional clients. As an example, with the ECN MT4 account, typical spreads start at just 0.4 pips in the EUR/USD pair. If you include the commission in that scenario, $2 x 2, this brings the trading cost for EUR/USD to roughly 0.8 pips per lot.
Leverage
Forex Time offers high leverage levels, as much as 1:1000. However, in regard to cryptocurrency CFDs, the leverage drops down to 1:10, as they tend to be much more volatile and dangerous than normal Forex markets.
Security of funds and company information
Forex Time is a multitier broker that has offices around the world and is regulated in various national regulatory bodies such as the UK’s Financial Conduct Authority (FCA), the Cyprus Commodities and Exchange Commission (CySEC), and in some of their peripheral companies, are regulated in other such countries such as South Africa. The company was founded in 2011 by one of the cofounders of Alpari.
Range of markets
Forex Time offers a large range of markets, including currencies, CFDs on commodities, CFDs on Indices, Spot Metals, Share CFDs, and Cryptocurrency CFDs. This opens up a world of trading, as you can go along the New Zealand dollar, while shorting the US dollar. At the same time, you could look into some other exotic Forex pairs such as the Swiss franc versus the Norwegian krone. Beyond that, you have the ability to trade the energy markets, the world’s major Indices, four of the world’s most popular crypto’s, and of course spot metals, and a long list of US shares.
As the world has become much more interconnected, it’s important that you have the ability to diversify your holdings. With the truly global reach of its markets offerings, Forex Time gives you the ability to do so. Forex Time presently offers over 250 financial instruments to choose from.
Added values
Forex Time offers daily market analysis, as well as quarterly market forecasts. There are e-books, trading seminars, trading webinars, a glossary, and a plethora of educational materials that the trader can delve into.
The post FXTM Broker Review – Should You Really Trust this Forex Broker? appeared first on The Diary of a Trader.
FXTM Broker Review – Should You Really Trust this Forex Broker? posted first on http://thediaryofatrader.com/
0 notes
aubreytownsend ¡ 6 years ago
Text
FXTM Broker Review – Should You Really Trust this Forex Broker?
FXTM Broker Review – Forex Time Review
FXTM Account types
Forex Time offers several different trading accounts, which can be thought of as belonging to two groups: the standard account, and the ECN account. With the standard accounts, you get exactly what you would expect, a typical account that can be anything from the Standard type of currency count, the Cent account, and there Shares account, used for trading CFDs on stock chares that is connected to the NYSE and NASDAQ price listings. With ECN account, you have the ECN MT4 account, ECN MT5 account, ECN Zero, and Pro accounts.
Beyond that, there is also the possibility of trading a swap free Islamic account, which involves a small fee of $1.70 per lot. Forex Time allows micro, many, and standard lots available on all account types.
Trading conditions and deposits
Initial deposit
To open up an account with FXTM, you can start with as little as five dollars to begin. However, some of the more specialized or ECN accounts could ask for more in the way of deposit, extending all the way to the Pro account which begins at $25,000. As with most multi-tiered brokerages, spreads and commissions vary depending on the account size, but suffice to say the larger accounts do get the better conditions.
Forex Time offers a ton of deposit and withdrawal methods, most of which have either no fee, or very minor to say the least. Anything from Bitcoin to bank wires, credit cards, and even many of the world’s global payment systems are accepted.
Spreads and commissions
Most of the accounts that Forex Time offers are commission free. This includes standard, ECN Zero, and Pro accounts. However, with the ECN MT4 and MT5 accounts, there is a small commission fee of four dollars per standard lot round-trip.
Floating spreads are offered by this broker, but very depending on the account side. The tightest spreads of course are available on the ECN and Pro accounts, but obviously with the large initial deposit for Pro accounts, they are meant for institutional clients. As an example, with the ECN MT4 account, typical spreads start at just 0.4 pips in the EUR/USD pair. If you include the commission in that scenario, $2 x 2, this brings the trading cost for EUR/USD to roughly 0.8 pips per lot.
Leverage
Forex Time offers high leverage levels, as much as 1:1000. However, in regard to cryptocurrency CFDs, the leverage drops down to 1:10, as they tend to be much more volatile and dangerous than normal Forex markets.
Security of funds and company information
Forex Time is a multitier broker that has offices around the world and is regulated in various national regulatory bodies such as the UK’s Financial Conduct Authority (FCA), the Cyprus Commodities and Exchange Commission (CySEC), and in some of their peripheral companies, are regulated in other such countries such as South Africa. The company was founded in 2011 by one of the cofounders of Alpari.
Range of markets
Forex Time offers a large range of markets, including currencies, CFDs on commodities, CFDs on Indices, Spot Metals, Share CFDs, and Cryptocurrency CFDs. This opens up a world of trading, as you can go along the New Zealand dollar, while shorting the US dollar. At the same time, you could look into some other exotic Forex pairs such as the Swiss franc versus the Norwegian krone. Beyond that, you have the ability to trade the energy markets, the world’s major Indices, four of the world’s most popular crypto’s, and of course spot metals, and a long list of US shares.
As the world has become much more interconnected, it’s important that you have the ability to diversify your holdings. With the truly global reach of its markets offerings, Forex Time gives you the ability to do so. Forex Time presently offers over 250 financial instruments to choose from.
Added values
Forex Time offers daily market analysis, as well as quarterly market forecasts. There are e-books, trading seminars, trading webinars, a glossary, and a plethora of educational materials that the trader can delve into.
The post FXTM Broker Review – Should You Really Trust this Forex Broker? appeared first on The Diary of a Trader.
FXTM Broker Review – Should You Really Trust this Forex Broker? published first on http://thediaryofatrader.com/
0 notes
cryptokingrobiul ¡ 7 years ago
Text
Top 20 Broker
New Post has been published on http://www.top20broker.com/news/fibo-group-also-launches-cryptocurrency-cfds-trading/
Fibo Group also launches cryptocurrency CFDs for trading
Offshore forex broker Fibo Group has jumped on the cryptocurrency bandwagon by announcing the launch of trading in CFDs on  BTC, ETH, LTC, ETC, ZEC, DASH, XMR.
The new instruments will be available from July 24, on the  MT4 NDD No Commission accounts. The typical spreads vary from 50 pips on the Ethereum Classic to 2500 on Bitcoin. The maximum volume per transaction for all CFDs, except the ones on Bitcoin, is 1000 coins, where 1 lot is 1 coin. The max transaction volume for Bitcoin CFDs is 100 coins, again 1 lot=1 coin.
Fibo Group will also offer demo trading in those instruments, available on the MT4 NDD  No Commission demo account, with identical trading conditions.
The broker will also add information about the rates of the following cryptocurrencies: XEM, BTS, EOS, WAVES, STEEM, GNT, GNO, SC, BCN, DOGE, REP, LSK, XLM, GBYTE, FCT, MAID, USDT, GAME, DCR, ARDR, SNT, KMD, DGD, PIVX, DGB, NXT.
Fibo Gorup is an offshore forex broker with licenses from the offshore Financial Services Commission (FSC BVI) and CySEC, as FIBO Group Holdings Ltd.  The Cypriot branch of the broker offers trading in 42 currency pairs, as well as CFDs and spot metals, and a leverage of up to 1:400.
The broker is the latest among many – big and small – who have started offering cryptocurrency-related instruments. The latest are Swissquote, Alpari and LiteForex, while eToro expanded its Crypto CopyFunds offering.
source-smnweekly
0 notes
bitsevenenglish-blog ¡ 6 years ago
Photo
Tumblr media
Where Bitcoin Price Is Going After Key $5,000 Level Is Broken/ bitseven,bitcoin exchange,CoinMarketCap,poloniex,bitfinex,bitmex,bittrex,bithumb,bitcoin price,etf bitcoin
The bot-fuelled Bitcoin bump of April 2 saw the world’s largest cryptocurrency post the biggest intraday rise since 2014. The price held steady for a couple of days around $5,200, but it couldn’t last. So what’s next? Memories are short in the Bitcoin price game. The anxiety-wracked lows of $3,300 and under are largely forgotten. But it wasn’t so very long ago. Late 2018 to early 2019 was a torrid time for traders and producers alike. Long periods of low volatility had sucked all the oxygen out of trading. Volumes were stuck. November 2018 saw Bitcoin hit a 13-month low to breach $4,300, and as the price tanked, so did mining profits. Some of the world’s largest mining pools simply shut their doors and turned off the lights. It was only a couple of weeks into 2019 when mining giant Bitmain sacked half its workforce. Days later, JP Morgan analysts told Reuters they were predicting a possible low as little as $1,260 a coin, levels not seen since March and April 2017. When the bull market returned with a vengence the day after April Fool’s, those traders and analysts who always claimed to be long Bitcoin had much to gloat about. With great price comes great responsibility It was widely assumed that only a refocus on long term project viability, mainstream adoption and actual use cases could turn trader sentiment around. In reality all it took was a big damn whale to splash $104.2 million on BTC. In the space of two hours, the Bitcoin slump of late 2018-early 2019 was solved, or so it seemed. Still, because the price hike of 2 April came off the back of a co-ordinated buy, rather than any fundamental adoption shift or regulatory decision, confidence is thinner than it might otherwise be. At 2.40am on 12 April, the San Francisco-based Coinbase exchange saw the spot price of BTC dip below $5,000, a key psychological level. In the past 12 hours we’ve seen it rise back into towards the early $5,000s, and now everyone wants to know what’s next. Is crypto winter coming back? I spoke to a seasoned Bitcoin trader, Jonny Moe, who tweets @JonnyMoeTrades out of New York City. He told me he was bearish for at least the next one to two weeks. "On a short term basis, which I consider days, I see us heading higher than the current local high. "All of the mid-term StochasticRSI oscillators (the 4h, 6h, 8h, and 12h) had topped on the impulse up to the $5,000s from $4,100, and they re-bottomed on April 9 US hours. That tells me that the consolidation of this move is nearing an end, and could have an upward bias. "The longer term timeframes - the 1 day, 3 day, and weekly, are all showing a StochasticRSI that is entirely topped out. To highlight how rare that is, the last time the weekly StochasticRSI topped out was June 2017. "Not only is it topped, this week's close will mark the fourth straight week it’s been there. That tells me that on a more mid to long term basis, we are very likely to retrace to some significant degree and let this momentum reset." Moe said that stalling momentum could indicate a fall back towards $4,000. "We did try to move higher and were rejected pretty soundly, so now I'm looking at how low we go over the next one to two weeks. "I still believe a retest back to the breakout point is very much on the table, somewhere in the lower 4,000s, maybe $4,200 "Interestingly, one of the things I watch is how orders start forming on the books. I typically keep an eye on Bitmex and Bitfinex as the largest derivative and spot platforms by volume, respectively. "Particularly on Bitmex, but also on Bitfinex to a degree, we're seeing a large number of bids forming in the 4,800s, mostly $4,800-$4,850. "So that can always change as price gets closer to it, we're still a bit away from it up above $5,000 again, but I see that as a really interesting near term support level." The problem the crypto market has more generally is that many altcoins are high beta and incredibly highly correlated with the Bitcoin price. When the big dog barks, the others slavishly follow suit. No news is not good news Not everyone is convinced that Bitcoin can maintain upward trajectory. Especially those working on blockchain infrastructure projects. Concordium chairman Lars Seier Christensen, for one, is convinced that the rally is poised to peter out. "The only firm bottom for bitcoin is zero dollars,” the public blockchain specialist said. "While there is certainly a possibility that we could go higher in the short term on misguided speculation, I find it more likely that we will see new lows later in the year. "The market is likely to run out of steam soon and sell off again.” As soon as the upward swing went into effect, Bitcoin evangelists started publishing wildly optimistic predictions of six-digit Bitcoin prices. In reality, the likes of CNBC’s Brian Kelly have been parroting this line since 2017. "[These predictions] are ridiculous in my view,” Christensen told Forbes Crypto. "Bitcoin is absolutely not gold 2.0 or any of that nonsense. "I simply do not believe in a sustained rally for the early generations of coins, including Bitcoin, due to performance and scalability problems and, in particular, lack of compliance. "It is purely a speculative play and has little real-world application, hence reality will catch up with it at some point." We need only look at how momentum-based algorithmic trading has affected the equities markets for the past quarter century, said Kailin O’Donnell, director of NEM Ventures. She runs the investments arm of a long-serving blockchain that has had its own challenges. "Price movements tend to be amplified in less liquid markets," she said. "With the rise in volatility and a sharp increase in retail buyers re-entering the market, it's unlikely BTC will remain steady for too long." The only thing that's certain is that traders have a bumpy ride ahead.
Bitcoin leveraged trade at 100x leverage maximum, 100% profit at 1% price raise Make a profit whether the bitcoin price rises or falls BITSEVEN BITCOIN LEVERAGE TRADING YOU CAN TRUST
https://www.bitseven.com/en
bitcoin to usd,CoinDesk,Coinbase,Ethereum,Ripple,Bitcoin Cash,EOS,Stellar Lumens,Litecoin,Cardano,IOTA,Tether, TRON,Monero,NEO,Dash,alpari,Bitcoin Gold,btc usd,eth usd,bitcoin mining,bitcoin price today
1 note ¡ View note
bitsevenenglish-blog ¡ 6 years ago
Photo
Tumblr media
Hacked Bitcoin Exchange Bithumb Tells Traders to Halt Deposits/ bitseven,bitcoin exchange,Cryptocurrency exchange,FX Margin bitflyer,CoinMarketCap,poloniex,bitfinex
Bithumb, the exchange recently hacked last week to the tune of around $20 million, sent out an e-mail this morning asking customers to cease making deposits until further notice. The exchange reiterates its claim that no customer funds are lost. Instead, the request is to help investigators. It reads, in part: We would like to ask you to stop making deposits of cryptocurrency in order to check our member’s assets through external organization and to cooperate with the investigating agency in connection with an accident that is supposed to be an internal embezzlement that occurred on March 29th. INSIDE JOB IS A CENTRALIZED CONCERN “Internal embezzlement” is the fundamental risk with centralized exchanges, of course. Just as banks and armored vehicles are never entirely safe, keeping millions of dollars within reach of humans will always present the risk of fraud. In this case, the attacker, who is roundly believed to be a Bithumb employee, chose not to take from the customers. But it’s certainly imaginable that he or she could have. Bithumb says they will be undergoing a disclosure and due diligence process following the investigation, effectively to allay customer fears of insolvency. The probe may or may not yield the identity of the attacker. The track record of investigations into exchange hacks is spotty. It’s hit or miss – sometimes the bad guy gets caught, often enough their identity is never revealed. [W]e are planning fair and objective due diligence review on all assets we hold through a reliable external Audit(accounting firm). In addition, KISA [Korea Internet & Security Agency] and the police are requested to conduct an intensive investigation on this accident. Therefore, it is necessary to confirm the assets through temporary suspension of deposit / withdrawal service. LAYOFFS, THEN HACKS; INSOLVENCY NEXT? Bithumb had a round of layoffs last month. So far no one has made the connection between these layoffs and the attack, but the two things happening in such a short space of time certainly makes for an interesting theory. Someone loses their job but not their knowledge of the security structure. Someone decides to extract a golden parachute. It wouldn’t be the first time that a disgruntled ex-employee had compromised the security of a notable organization – look at Edward Snowden. Perhaps in hopes of surviving the backlash, Bithumb is still allowing deposits and withdrawals of cryptocurrencies that weren’t part of the hack, as well as fiat deposits of Korean Won. In terms of volume, Bithumb’s self-reported volume has more than doubled since March 30th, according to CoinMarketCap. The exchange doesn’t show up at all on the “adjusted volume” rankings of that site, but its reporting moves it up the ranks, from 30th to 26th, since March 30th. AS FOR PRICES, YOU’RE ON YOUR OWN Bithumb’s self-reported volume on March 30th was $330,910,359. On March 27th, two days before the attack, it was over $1.2 billion. At press time, it is $838,102,877. Again, the exchange doesn’t rank at all on the “adjusted volume” tab on the same website. Major exchanges like Binance are far from the top on the “reported” volume tab, with a site called Fcoin leading the way at press time with over $5 billion in reported daily volume. Fluffed volume metrics are a serious concern in cryptocurrency circles at the moment, with ETF applicants like Bitwise discounting up to 95% of all volume to assuage the regulators’ fears. In its e-mail to customers, Bithumb also asks customers to pay attention to global rates of cryptos they might be interested in trading, as several factors may distort the prices shown on the exchange. Moreover, the price of some cryptocurrency has been fluctuating due to internal and external influences such as the suspension of cyptocurrency deposit / withdrawal service. cryptocurrency is traded around the world 24 hours a day, so fluctuations in the value of the currency may increase due to price fluctuations. Please pay attention to the investment loss. The future is uncertain for Bithumb at this point. Layoffs followed by a big hack don’t exactly instill confidence in an already skeptical community. You can report all the high volume figures you like, but in the end, people have to trade on your platform for you to earn fees and stay in business. Bithumb remains one of two major Korean crypto exchanges, but like all crypto traders, Koreans have hundreds of alternatives.
Bitcoin leveraged trade at 100x leverage maximum, 100% profit at 1% price raise Make a profit whether the bitcoin price rises or falls BITSEVEN BITCOIN LEVERAGE TRADING YOU CAN TRUST
https://www.bitseven.com/en
CoinDesk,Coinbase,Ethereum,Ripple,Bitcoin Cash,EOS,Stellar Lumens,Litecoin,Cardano,IOTA,Tether,TRON,Monero,NEO,Dash,alpari,Bitcoin Gold,btc usd,eth usd,bitcoin mining,btc price
1 note ¡ View note
bitsevenenglish-blog ¡ 6 years ago
Photo
Tumblr media
South Korea’s cryptocurrency exchange Zeniex to terminate its services amid government crackdown on unauthorized platforms/ bitcoin exchange, bitcoin margin trading,bitseven,bitcoin exchange,Cryptocurrency exchange,FX Margin
Bitseven.com - Zeniex, a cryptocurrency exchange in South Korea, recently announced that its services will be terminated. This is due to a recent crackdown by government on various unauthorized platforms.Zeniex – a joint project by South Korea and China opened in May 2018. The cryptocurrency exchange announced it on a post on Friday where it mentioned that action was taken due to “recent issues,” they have “come to the conclusion that continuing to operate such a service will be difficult.” The crypto trading has already been stopped on November 9. All other services is scheduled to be stopped on Nov. 23.The customers of the exchange are being asked to withdraw all cryptocurrencies before the deadline, since the service will not be available post that. In another separate announcement, the exchange mentioned that Zeinex cryptocurrency fund Zxg Crypto Fund No. 1, is also closing on November 23. The crypto has previously been a subject to local regulator’s investigation,According to the press release, “We believe that ZXG Crypto fund No 1. will have difficulties to operate smoothly with such current pressure from the financial authorities.”On Monday, November 12, Zeinex and its Chinese partner, Genesis Capital, is scheduled to return the funds invested in ZXG in Ethereum (ETH). This came soon after South Korea’s Financial Services Commission (FSC) warned investors about putting their money in unauthorized cryptocurrency exchanges and Initial Coin Offerings (ICO), in late October. According to Business Korea,Also, a representative of Zeniex, told Maeil Business Newspaper, South Korea’s main daily business newspaper that the exchange was not obliged to register since it had raised in total less than 1 billion won ($884,500). However, an investigation against the company was started by the FSC, ciiting a lack of ability to check whether the platform is working as it is claimed.
Bitcoin leveraged trade at 100x leverage maximum, 100% profit at 1% price raise
Make a profit whether the bitcoin price rises or falls
BITSEVEN BITCOIN LEVERAGE TRADING YOU CAN TRUST
https://www.bitseven.com/en
Bitconnect,bitcoin to usd,CoinDesk,Coinbase,Ethereum,Ripple,Bitcoin Cash,EOS,Stellar Lumens,Litecoin,Cardano,IOTA,Tether, TRON,Monero,NEO,Dash,alpari,Binance,Bitcoin Gold
1 note ¡ View note
bitsevenenglish-blog ¡ 6 years ago
Photo
Tumblr media
Disney in Talks to Acquire Bitcoin (BTC) and Crypto Exchange Owner NXC: Report/ bitfinex,bitmex,bittrex,bithumb,bitcoin price,etf bitcoin, bitcoin margin trading
Disney has reportedly been offered a controlling stake in NXC, the parent company of South Korean video game publisher Nexon, which specializes in online games for PC and mobile. Nexon is the biggest game developer in South Korea and is the world’s second-largest online games market. NXC owns two major cryptocurrency exchanges: Bitstamp, based in Luxembourg, and Korbit, based in South Korea. Founded in 2011, Bitstamp is the world’s longest-running Bitcoin exchange. According to a report by Korea Herald, Jung-ju met with a representative at Disney, offering to sell his stake in NXC to the entertainment giant. Billionaire and NXC chairman, Jung-ju Kim, is selling the 98.64% stake that he and his wife hold in NXC, which owns 47.02% of Nexon. He has been trying to sell his stake since January with final bids set to take place on May 15. Says Jung-Ju, “What I envy the most about Disney is that they do not force money out of kids … (consumers) gladly pay Disney. Nexon has a long way to go. Some people hate Nexon to death.” Last year NXC subsidiary NXMH, a Belgian-based investment group, acquired Bitstamp, one of the largest Bitcoin and cryptocurrency exchanges by volume in the European Union. It supports major cryptocurrencies such as Bitcoin, Ethereum, Litecoin and XRP, and fiat-crypto pairs in US dollars and euro. Bitstamp currently has a 24-hour trading volume of $56.7 billion, according to data compiled by CoinMarketCap, with BTC/USD comprising 57.12% of its daily volume, valued at $32.4 billion. Bitstamp is among crypto researh firm Messari’s “Real 10 Volumes”, one of 10 select crypto exchanges, along with Binance, Coinbase Pro, Kraken and Gemini, that are used to track what it considers to be legitimate volumes. NXC also owns a majority stake in rival crypto exchange Korbit through its subsidiary. Nexon acquired 65% of Korbit in 2017 – the second largest cryptocurrency exchange in South Korea and the first Bitcoin exchange in the country. Korbit has a daily trading volume of roughly $9.8 billion, at time of writing. Reuters reports that NXC is also fielding bids from Chinese gaming giant Tencent, South Korean internet giant Kakao and a few private equity firms including Bain Capital, MBK Partners and KKR. Nexon was founded in 1994 and specializes in online games, and is home to some of the world’s most popular titles including MapleStory and Dungeon Fighter Online. Disney reported $59.4 billion in revenue in 2018 and acquired 21st Century Fox last month.
Bitcoin leveraged trade at 100x leverage maximum, 100% profit at 1% price raise Make a profit whether the bitcoin price rises or falls BITSEVEN BITCOIN LEVERAGE TRADING YOU CAN TRUST
https://www.bitseven.com/en
bitcoin to usd,CoinDesk,Coinbase,Ethereum,Ripple,Bitcoin Cash,EOS,Stellar Lumens,Litecoin,Cardano,IOTA,Tether,TRON,Monero,NEO,Dash,alpari,Bitcoin Gold,btc usd
0 notes
bitsevenenglish-blog ¡ 6 years ago
Photo
Tumblr media
Bitcoin.org’s Cobra says decentralized exchanges are going to explode in popularity soon/ bitcoin margin trading,bitseven,bitcoin exchange,Cryptocurrency exchange
The updates and developments in the world of cryptocurrencies have been guided by the proponents in the field, either because of their comments or due to their contributions to specific cryptocurrencies or networks. A popular trend that had picked up last year was the concept of decentralized exchanges, which was in the limelight because of the launch of Binance’s DEX. The latest proponent to come out in support of decentralized exchanges was Cobra, the co-owner of the Bitcoin.org who claimed that 2019 was the glory year for them. Cobra’s tweet read: “Decentralized exchanges are going to explode in popularity very soon. 2018 was the year of stablecoins which was the last step to make it possible for DEXs to interact with fiat. Coming regulation, burdensome KYC, exchanges being seen as “kingmakers”, all will push users to DEXs.” The exchange being termed as ‘kingmakers’ can be attributed to the recent decision taken by the Changpeng Zhao-led Binance to delist Bitcoin SV [BSV]. Cobra was not the only proponent in the space who was critical of the delisting as earlier, Jimmy Song, a long-standing critic of Bitcoin SV shunned Binance’s decision. He stated: “Unpopular opinion: Delisting coins is satisfying short term, but ultimately bad. It’s giving the perception that exchanges are king-makers or legitimatizers. They are not.” Another proponent who echoed Song’s sentiment was Nic Carter, who pointed out that a ‘fraud’ should not be the deciding criteria for any delisting process. He had mentioned: “If fraud from the chief promoters is sufficient reason for delisting from Binance… almost everything should be delisted. We’re still in the wild west era of cryptocurrency, like it or not totally unregulated, unaccountable exchanges are the kingmakers. I for one am excited for this to change.” A positive push in terms of decentralized exchanges was given by Binance’s DEX mainnet launch announcement. The organization stated that they plan to execute the Mainnet swap on April 23 of this year.
Bitcoin leveraged trade at 100x leverage maximum, 100% profit at 1% price raise
Make a profit whether the bitcoin price rises or falls
BITSEVEN BITCOIN LEVERAGE TRADING YOU CAN TRUST
https://www.bitseven.com/en
Bitcoin Cash,EOS,Stellar Lumens,Litecoin,Cardano,IOTA,Tether,
TRON,Monero,NEO,Dash,alpari,Bitcoin Gold,btc usd,eth usd,bitcoin mining,bitcoin price today,btc price
0 notes
bitsevenenglish-blog ¡ 6 years ago
Photo
Tumblr media
Bitcoin Price BTC/USD Analysis: Needs to Break $6250/ bitcoin exchange,Cryptocurrency exchange, bitfinex,bitmex,bittrex,bithumb
Bitseven.com - From yesterday’s open at $5040, the price of Bitcoin has increased by 5.08% measured to the highest point the price has been which is at $5296.7 around which it is currently sitting. Bitcoin Analysis BTC/USD On the 15 min chart, we can see that the price came up inside the territory of the ascending channel and managed to go above the interrupter line which is the significant resistance level from the still unconfirmed ascending channel of a higher degree. The momentum has been stopped out again by the resistance level of the current ascending structure which has been labeled as a B wave from an ABC correction of a higher degree. Looking at the structure from 12th of April there is a clear indication that is corrective and the most significant validation is the downside movement seen on 15th of April labeled as the ABC when the price of Bitcoin fell from $5216.5 to $5032. This was a decrease of 3.54% but its amount is not important for the validation but instead the fact that the price fell below the B wave which would have been the 2nd wave out of the next starting impulse wave. As the price fell below what could have been the wave 2 of a five-wave move the scenario got invalidated. This implies that the following structure is also part of the same correction and is most likely the third ABC correction of a lower degree which in conjunction with the prior two constitute a higher degree three-wave B. We are now most likely seeing the end of the lower degree C wave as I have counted 5 sub-waves and in particular considering that the price interacted with the current resistance and started getting rejected. This is why now I would be expecting a move to the downside which would be the C wave of a higher degree. On the hourly chart, you can see the significance behind the currently interacted level for this structure inside whose territory the price action has bounced from 12th of April. The price is above the significant resistance level of a higher degree and is the lower interrupted ascending trendline that has been presumed to be the resistance point of the ascending channel on a higher time-frame. This current cluster is has been formed due to the price position between the higher degree resistance point which serves as a support and the currently found resistance. As a breakout is soon to happen I would be expecting a one to the downside below the ascending trendlines and on to the $4800 zone where the horizontal support level could stop the price anywhere in between. This expected downside movement would be the last wave from the 4th wave of a Minute count as three consecutive corrections would have developed which means that after the end of this correctional movement another increase would be expected as the 5th wave out of the Minute five-wave impulse should develop. We could see further prolongation of the current correctional structure with more sideways action before we see a downfall to the $4800 zone but overall things are still looking bullish. Zooming out on to the daily chart you can see my long-term projection which is still valid. According to my count, this upside movement is the Y wave from the WXY correction from 15th of December and is the 4th wave from a higher degree impulse wave to the downside. This means that after this increase ends a final 5th wave to the downside should develop which is set to push the price below $3200 zone which was the previous bear market low. As the 1st wave ends around $6250 area it is considered the invalidation level because according to the rules of the Elliott Wave theory, wave 4 cannot enter the territory of the wave 2. This is why I would be expecting another and final higher high to around $6200 which would retest the broken horizontal support after which another downside move would start. Market sentiment Bitcoin’s hourly chart technical are signaling a buy. Pivot points S3 4068.9 S2 4622.2 S1 4862.9 P 5175.5 R1 5416.2 R2 5728.8 R3 6282.1 Conclusion The price of Bitcoin has increased by around 5% in the last 24 hours but has encountered significant resistance at the current price action structure’s upper outline. As the wave structure implies this movement was the part of the same correctional structure from 12th of April and is most likely to end with another downside movement to the $4800 zone but after the expected retracement another run up would most likely occur with the price of Bitcoin potentially reaching $6200. Ultimately the bullish action seen from 15th of December is still corrective according to my count which is why after it ends I would be expecting another lower low for the bear market which is below $3200.
Bitcoin leveraged trade at 100x leverage maximum, 100% profit at 1% price raise
Make a profit whether the bitcoin price rises or falls
BITSEVEN BITCOIN LEVERAGE TRADING YOU CAN TRUST
https://www.bitseven.com/en
Ethereum,Ripple,Bitcoin Cash,EOS,Stellar Lumens,Litecoin,Cardano,IOTA,Tether,TRON,Monero,NEO,Dash,alpari,Bitcoin Gold,btc usd,eth usd,bitcoin mining
0 notes
bitsevenenglish-blog ¡ 6 years ago
Photo
Tumblr media
Bitcoin Price Inches Higher but Fails to Reach a Bullish State/ bitcoin exchange, bitcoin margin trading,bitseven,bitcoin exchange,Cryptocurrency exchange
Everything else in the cryptocurrency industry stands or falls depending on how Bitcoin’s price evolves. As has been the case today, the uneasy momentum triggered some losses for several alternative markets. Even so, the Bitcoin price itself is still holding up quite well. A push to $5,200 seems plausible, but it might not happen anytime soon.
BITCOIN PRICE STAYS IN THE GREEN
Any cryptocurrency enthusiasts will be happy to see Bitcoin in the green on any given day. More often than not, that is a sign there is little to no bearish pressure to speak of. If there is one thing most traders, investors, and speculators have seen plenty of, it is the bearish pressure wreaking havoc on all markets. For now, everything seems to be in order, although things can change on a dime. With a positive Bitcoin trend, all other markets get a bit of a breather as well.
Over the past 24 hours, the Bitcoin price has risen by another 1.45%. Not the most impressive gain by any means, but it shows the current uptrend can be sustained without too many problems at this time. That is all one can ask for, after all. With a current price of $5,174, it seems Bitcoin may attempt to reach $5,200 again at some point this week. Whether or not that will be a successful attempt, is a very different matter altogether.
On social media, there is never any lack of animosity toward Bitcoin or other cryptocurrencies. Today, however, it seems everyone is cautiously optimistic first and foremost, which is rather indicative as to what the future may hold. Mr. Hodler tells people to stay calm and look at as the “long term trust’, whatever that might mean. Keeping the long-term picture in mind is always a favorable approach when dealing with volatile markets.
A somewhat similar sentiment is echoed by HAU, although this user doesn’t mind taking things one step further. In fact, he claims it is irresponsible to not own Bitcoin by now, which may be a bit of a stretch. While there is some merit to this statement as well, it seems irresponsible to guide people toward Bitcoin if they have zero clue what they are getting themselves into.
For those who want a Bitcoin chart to gaze at, there is a lot of interesting momentum playing out. Peter Sin Guili informs the masses this is far from a bull market as of right now, which may effectively indicate there are some rough times ahead. Although it wouldn’t take too much to push this market into perma-bull territory, making it happen has been pretty difficult for quite some time now.
As long as Bitcoin remains in the green, there isn’t too much to be overly concerned about. At the same time, one should always be wary as to what the future may hold, as there is no such thing as a continuous trend in either direction. While it seems to be a matter of time until Bitcoin hits $5,200 once again, there is always a chance something will spark a sudden run when people least expect it.
Bitcoin leveraged trade at 100x leverage maximum, 100% profit at 1% price raise
Make a profit whether the bitcoin price rises or falls
BITSEVEN BITCOIN LEVERAGE TRADING YOU CAN TRUST
https://www.bitseven.com/en
Ethereum,Ripple,Bitcoin Cash,EOS,Stellar Lumens,Litecoin,Cardano,IOTA,Tether,TRON,Monero,NEO,Dash,alpari,Bitcoin Gold,btc usd,eth usd,bitcoin mining
0 notes
bitsevenenglish-blog ¡ 6 years ago
Photo
Tumblr media
Bitcoin Price Weekly Candle Could Be Omen Of Painful Drop Incoming/ bitcoin margin trading,bitseven,bitcoin exchange,poloniex
Bitseven.com - At the start of April, Bitcoin price rallied through resistance at $4,200 and rocketed nearly $1,000 in the matter of an hour toward over $5,000. Since the massive green candle that many believe “confirmed” a bear market bottom was in, the Bitcoin price has been consolidating between $4,800 and $5,200.
The price movement between the recent daily swing low and high, has caused the weekly Bitcoin price chart to close with a doji, which signals indecision in the market due to an equally fought battle between bulls and bears. However the next candle forms, could paint a painful picture for the price of the leading cryptocurrency by market cap.
Prominent Trader Warns of Evening Star Doji on Bitcoin Price Weekly Chart
Bitcoin price closed with a doji candlestick last night, following a week of consolidation after the previous week’s rally. As one prominent cryptocurrency trader and analyst points out, the current formation is now two-thirds of a way through of an evening star doji pattern.
Dojis are candlestick patters that indicate indecision in a market. When they form at the top of an uptrend, it typically signals a reversal is due. The same is true in the inverse for doji that form at the bottom of a downtrend.
An evening star doji formation is comprised of three candlesticks: a strong upward candle; followed by a doji, showing indecision; then finally a strong downward candle that essentially wipes out all of the gains from the prior rally.
The trader adds that “evening stars often produce several candles of downside continuation on the back of the pattern,” suggesting that not only can the gains from the previous rally through $4,200 be completely erased, the selloff could continue further downward. Such an event would completely destroy any remaining bullish sentiment, and could potentially send the price of Bitcoin down to test new bear market lows.
Is The Doji An Omen Of The Pain To Come to Crypto Investors?
Two weeks ago after the rally, sentiment became the most bullish it’s been in over a year. The sentiment was clearly matched as trading volumes have reached levels not seen since December 2017 when Bitcoin hit its all-time high. Important indicators even flipped bullish, confirming the uptrend.
However, following a short period of consolidation, much of the crypto community has turned bearish, in anticipation of a strong correction. Some of the most prominent crypto personalities, are expecting another “wipe out” of altcoins and Bitcoin before the crypto market begins trending higher.
Much of the bearish speculation is over exactly where the market is in the current bear cycle. Should the current bear market play out similarly to the 2014-2015 bear market, this recent rally could be rejected, sending Bitcoin down to its finally trading range and painting on  the charts the capitulation wick that traders convincingly point to as the signal the bear market is finally over.
Bitcoin leveraged trade at 100x leverage maximum, 100% profit at 1% price raise
Make a profit whether the bitcoin price rises or falls
BITSEVEN BITCOIN LEVERAGE TRADING YOU CAN TRUST
https://www.bitseven.com/en
Coinbase,Ethereum,Ripple,Bitcoin Cash,EOS,Stellar Lumens,Litecoin,Cardano,IOTA,Tether,TRON,Monero,NEO,Dash,alpari,Bitcoin Gold,btc usd,eth usd,bitcoin mining
0 notes