Monfex Reddit Archive - Page 9 of 18 - Best Cryptocurrency Exchange

Litecoin is ready to go Long after a Pullback

[ad_1] Hi, Traders ! **Monfex** is on the air ! **Litecoin stepped down to test from above the $60 broken high of the 9th of October.** [https://uk.tradingview.com/chart/LTCUSD/jfYTiXxH-Litecoin-is-ready-to-go-Long-after-a-Pullback/](https://uk.tradingview.com/chart/LTCUSD/jfYTiXxH-Litecoin-is-ready-to-go-Long-after-a-Pullback/) https://preview.redd.it/pz87mks9ygx31.png?width=1188&format=png&auto=webp&s=60eeaebbc510561e44a5c4dc9d630157b8d7535d \* Litecoin (LTC) has been demonstrating a poor price dynamic over the past few months, compared to the rest of the market. \* But the Bulls have…

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/q484e0cinfx31.png?width=1188&format=png&auto=webp&s=1396135d44518911505e905dd8bf4f59d9c57269 \* 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…

Bitcoin: on the Verge of a Break-out!

[ad_1] **Bitcoin leaves behind** [**Gold** ](https://uk.tradingview.com/symbols/COMEX-GC1!/)**while demonstrating double-digit gains in October.** [https://uk.tradingview.com/chart/BTCUSD/OPq5jxpb-Bitcoin-on-the-Verge-of-a-Break-out/](https://uk.tradingview.com/chart/BTCUSD/OPq5jxpb-Bitcoin-on-the-Verge-of-a-Break-out/) https://preview.redd.it/xm5jqzhqrpw31.png?width=1188&format=png&auto=webp&s=43009f5580f4149d5dce4acefd6826f67cf7d441 \* [Bitcoin ](https://uk.tradingview.com/symbols/BTCUSD/)ended up October with a 10.26% gain, marking a three-month losing streak. At the same time, [Gold ](https://uk.tradingview.com/symbols/COMEX-GC1!/)gained just 2.74% in the same month, but previously dropping 3.17% in September – its largest monthly decline since June 2018. \* Overall,…

H1 scalping trade on Litecoin!

[ad_1] Hi, Traders ! **Monfex** is on the air ! **Litecoin is about to take a Long shot in the direction of H4 ascending trend-line.** https://preview.redd.it/7wrfk6bbz1y31.png?width=1188&format=png&auto=webp&s=fe4fc5972c5af66677b3c1cc3b0f452939fe06bc \* Litecoin had failed in an attempt to break above the H4 trend-line, spiking at $66 – just below our projected target of $70. \* Increased volatility on large…

Ethereum in correlaion with Bitcoin

[ad_1] Hi, Traders ! **Monfex** is on the air ! **Ethereum preserves tight correlation with Bitcoin and is set to climb above $200 soon.** [https://uk.tradingview.com/chart/ETHUSD/x22RY1Wg-Ethereum-in-correlaion-with-Bitcoin/](https://uk.tradingview.com/chart/ETHUSD/x22RY1Wg-Ethereum-in-correlaion-with-Bitcoin/) https://preview.redd.it/4mrm5kfa58y31.png?width=1193&format=png&auto=webp&s=7591b00bc80ac0382bd73afd4ca5b2e985f0b2c6 \* Ethereum has been following precisely Bitcoin’s price dynamic over the last several weeks. This correlation was easily visible when BTC had faced selling pressure lately,that forced the price…

A flash crash occurred on the Coinbase Pro and Deribit exchanges pinned BTC prices slightly down

[ad_1] [https://uk.tradingview.com/chart/BTCUSD/eBwCCSQt-Clear-Obvious-Chart-Structure-Bitcoin/](https://uk.tradingview.com/chart/BTCUSD/eBwCCSQt-Clear-Obvious-Chart-Structure-Bitcoin/) \* On October 31, 2019, [BTC ](https://uk.tradingview.com/symbols/BTCUSD/)speculators witnessed a flash crash on Deribit, a [futures](https://uk.tradingview.com/ideas/commodities/) and options exchange for [BTC ](https://uk.tradingview.com/symbols/BTCUSD/). [Futures](https://uk.tradingview.com/ideas/commodities/) prices slumped from $9,150 to $7,720 and then bounced back to above $9,000 within a couple of minutes. \* As a result, Deribit will reimburse over $1.3 million in losses from…

Bitcoin Cash stays on the track towards the next target level of $350

[ad_1] [https://uk.tradingview.com/chart/BCHUSD/tuD6yjwi-Bitcoin-Cash-is-on-the-right-track/](https://uk.tradingview.com/chart/BCHUSD/tuD6yjwi-Bitcoin-Cash-is-on-the-right-track/) https://preview.redd.it/3blqh6rnpvw31.png?width=1188&format=png&auto=webp&s=96520d148ea9867a9d23df659aae7ba0abae2224 \* We have seen a very positive dynamic of BCH price recently, while the coin has successfully made its way from $200 to $300, within a couple of weeks. \* As BCH network halvening approaches, many of market participants expect the price of BCH to surge, as is the case with Bitcoin…

The picture becomes clearer! Bitcoin

[ad_1] Hi, Traders ! **Monfex** is at your service ! Bitcoin’s price action is unfolding inside the contracting triangle H1 formation. We keep an eye on the direction of a break-out: [https://uk.tradingview.com/chart/BTCUSD/3nhKKfkQ-The-picture-becomes-clearer-Bitcoin/](https://uk.tradingview.com/chart/BTCUSD/3nhKKfkQ-The-picture-becomes-clearer-Bitcoin/) https://preview.redd.it/3pf79bigchv31.png?width=1188&format=png&auto=webp&s=8a888d0ca302d826c81efbb04aed468a48166484 **General trade guideline** **Buy** if breaks-out above $9,600. **Sell** if breaks-out below $9,200. Buy Target: $10,500 (Nearest) / $12,000 (Mid-term). Sell Target:…

SP500 has an outstanding gap above the key Resistance level !!

[ad_1] **The S&P 500 set a new all-time high of 3,079 as of 4’Nov2019 having opened up with a gap above the key resistance level.** [https://www.tradingview.com/chart/SP1!/r3p3wi5z-SP500-has-an-outstanding-gap-above-the-key-Resistance-level/](https://www.tradingview.com/chart/SP1!/r3p3wi5z-SP500-has-an-outstanding-gap-above-the-key-Resistance-level/) https://preview.redd.it/3rnbbmp31pw31.png?width=1188&format=png&auto=webp&s=8d6c2fddd4d46078758cd63140806df9ec350826 \* [S&P 500 ](https://www.tradingview.com/symbols/FX-SPX500/)continues to set records as risk appetite of some traders and the overall confidence in stock market are both rising. \* However, one should become…

Don’t Overlook NEO!

[ad_1] Hi, Traders ! **Monfex** is on the air ! **NEO looks like a very attractive Buy in a mid-term horizon.** https://preview.redd.it/3rqulvi4xax31.png?width=1193&format=png&auto=webp&s=ff9a9107b0ea2fcab1385e17530d1271f929164b \* NEO is the 18th largest digital asset with the current market value of 766 million and an average daily trading volume of $440 million. \* NEO spiked at almost $13.40 on 28/10…