Monfex Reddit Archive - Page 5 of 18 - Best Cryptocurrency Exchange

Weekend update on Bitcoin price action

[ad_1] [https://www.tradingview.com/chart/BTCUSD/W0sWbCEG-Bitcoin-Weekend-Review/](https://www.tradingview.com/chart/BTCUSD/W0sWbCEG-Bitcoin-Weekend-Review/) https://preview.redd.it/ykzttltf9hw31.png?width=1188&format=png&auto=webp&s=382abf16f18e7878cb88822db6dbe400dca64b05 \* [Bitcoin ](https://www.tradingview.com/symbols/BTCUSD/)keeps steadily holding above $9,000 despite a slightly increased [bearish](https://www.tradingview.com/ideas/bearish/) activity, and it seems to have entered a prolonged consolidation phase on H1-H4 time-frame. \* As we approach [Bitcoin ](https://www.tradingview.com/symbols/BTCUSD/)halving (due in May 2020), the prevailing price dynamic is obviously biased upward. Historically, [BTC ](https://www.tradingview.com/symbols/BTCUSD/)tends to speed up [bullish](https://www.tradingview.com/ideas/bullish/) momentum…

ETH is getting ready for a new impulse Up, while BTC stays flat within the consolidation range

[ad_1] [https://uk.tradingview.com/chart/ETHBTC/cZJW1q4c-Ethereum-exhibits-a-short-term-rising-set-up/](https://uk.tradingview.com/chart/ETHBTC/cZJW1q4c-Ethereum-exhibits-a-short-term-rising-set-up/) https://preview.redd.it/sb9m8pinymw31.png?width=1193&format=png&auto=webp&s=f0c9b47cb689691fb40782f92fae2d0bc10006e5 \* [Ethereum ](https://uk.tradingview.com/symbols/ETHUSD/)price is backed by the ascending diagonal Support line, with every new Low higher then the previous, signalling the strong [bullish](https://uk.tradingview.com/ideas/bullish/) presence on the underside. Based on that pattern, we can expect ETH to continue moving towards the Key Resistance at $190 – $195, though this could appear a truly…

Bear Flag on Silver !?

[ad_1] **Silver’s price seems to be shaping out the Bear Flag pattern. Short is active!** [https://www.tradingview.com/chart/XAGUSD/gf7qkujV-Bear-Flag-on-Silver/](https://www.tradingview.com/chart/XAGUSD/gf7qkujV-Bear-Flag-on-Silver/) https://preview.redd.it/zavzx5k1yww31.png?width=1188&format=png&auto=webp&s=dec38c1d88ccbd9045754e8b904fc7989bc257f0 \* The price of silver ( XAGUSD ) has dropped by sharply from $18 to around $17.60 on Tuesday’s trading session. \* FOMC decision to cut interest rates and weaker-than-expected PMI data from China couldn’t restrain Silver’s price…

Ripple has entered the Down Mode!

[ad_1] Hi, Traders ! **Monfex** is at your service ! **Ripple is in the Down Mode on H4 / inside the large contracting triangle.** [https://uk.tradingview.com/chart/XRPUSD/coUp3EG2-Ripple-has-entered-the-Down-Mode/](https://uk.tradingview.com/chart/XRPUSD/coUp3EG2-Ripple-has-entered-the-Down-Mode/) https://preview.redd.it/dpdltwtdxuv31.png?width=1188&format=png&auto=webp&s=d7b0094582e025d2f941a096e3d93330e73f44a2 \* The [bullish](https://uk.tradingview.com/ideas/bullish/) denial is observed on the upper band of the triangle as the price has formed up a minor [double top](https://uk.tradingview.com/ideas/doubletop/) around $0.31 level. \* On 1D…

LONG (XMR) Monero could be a good Call!

[ad_1] [https://uk.tradingview.com/chart/XMRUSD/BpIDJNSY-XMR-Monero-could-be-a-good-Call/](https://uk.tradingview.com/chart/XMRUSD/BpIDJNSY-XMR-Monero-could-be-a-good-Call/) https://preview.redd.it/bsps4vbwq4w31.png?width=1188&format=png&auto=webp&s=6f4cc916bdc45fd9a2975c444eef9f0cb45ed7e1 \* The exchange is considered to be the only one supporting XMR [futures](https://uk.tradingview.com/ideas/commodities/) trading. It also announced that XMR [Futures](https://uk.tradingview.com/ideas/commodities/) would provide investors with various payment options, while traders could also use it as collateral. \* In general terms, Monero is regarded as a privacy coin because of its untraceable and private…

ETH/USD vs ETH/BTC Update!!

[ad_1] Hi, Traders ! **Monfex** is at your service ! **The price of Ethereum has bounced down from the** [**Resistance Area**](https://uk.tradingview.com/ideas/supportandresistance/) **of $190 – $196.** [https://uk.tradingview.com/chart/ETHBTC/BmbwON5g-ETH-USD-vs-ETH-BTC-Update/](https://uk.tradingview.com/chart/ETHBTC/BmbwON5g-ETH-USD-vs-ETH-BTC-Update/) https://preview.redd.it/0u6me54o8qv31.png?width=1193&format=png&auto=webp&s=53e439843963638d89085a5e19fbaf7fc6224a44 \* The third attempt of the Bulls to drag the price through and out of the [Resistance area](https://uk.tradingview.com/ideas/supportandresistance/) has failed.\* On H4 timeframe, our stop-loss level of $191…

Litecoin is about to test the Verge of the Wedge

[ad_1] Hi, Traders ! **Monfex** is at your service ! **The Litecoin network’s hash rate has dropped 60 percent since its halving.** [https://www.tradingview.com/chart/LTCUSD/HcwN6oFu-Litecoin-is-about-to-test-the-Verge-of-the-Wedge/](https://www.tradingview.com/chart/LTCUSD/HcwN6oFu-Litecoin-is-about-to-test-the-Verge-of-the-Wedge/) https://preview.redd.it/86fgh3z48qv31.png?width=1193&format=png&auto=webp&s=577b5746ce8f6f733659cb18314ef7f98171f825 \* The Litecoin network is getting less secured too fast. After the new coins mined on August 5 was cut in half, the network’s hash rate – computing power that covers…

Ripple has entered the Down Mode!

[ad_1] Hi, Traders ! **Monfex** is at your service ! **Ripple is in the Down Mode on H4 / inside the large contracting triangle.** [https://uk.tradingview.com/chart/XRPUSD/coUp3EG2-Ripple-has-entered-the-Down-Mode/](https://uk.tradingview.com/chart/XRPUSD/coUp3EG2-Ripple-has-entered-the-Down-Mode/) https://preview.redd.it/rnc5o735yuv31.png?width=1188&format=png&auto=webp&s=27d39419de992ab50279443bca0c93f3468eba22 \* The [bullish](https://uk.tradingview.com/ideas/bullish/) denial is observed on the upper band of the triangle as the price has formed up a minor [double top](https://uk.tradingview.com/ideas/doubletop/) around $0.31 level. \* On 1D…

Whales’ power is significant in Bitcoin: new evidence

[ad_1] Hi, Traders ! **Monfex** is on the air ! [https://uk.tradingview.com/chart/BTCUSD/CTM5qSzo-Whales-power-is-significant-in-Bitcoin-new-evidence/](https://uk.tradingview.com/chart/BTCUSD/CTM5qSzo-Whales-power-is-significant-in-Bitcoin-new-evidence/) https://preview.redd.it/307zvoltnfx31.png?width=1188&format=png&auto=webp&s=95fbe78e02ec8239dc542514276957d35991c46a \* According to a new report from SFOX, a crypto trading platform, the impact of whale traders on crypto markets is in evidence. Whales are individuals and organizations with large crypto holdings. \* The report reads upon an interview with Frank Weert, co-founder…

Facebook Released The Details About The Libra Blockchain

[ad_1] Facebook announced that Libra blockchain is going to be an **open-source project,** owned and controlled by the founding members of the Libra Association. It’s already known that Visa, MasterCard, Uber, and Andreessen Horowitz, among others, have committed to invest at least $10 million each to participate in the governance of and control over the…