25.12.2017. Market Review. Results of the Day. Bitcoin - Have an Idea!
December 25, 2017
25.12.2017. Market Review. Results of the day. Bitcoin - have an idea!
BTC $13,745 + 4.5%
ETH $712.98 + 10.6%
3 400 000 ETH
Ethereum + 10.6%
IOTA + 8.8%
Monero + 5.85%
- "Professional market participants should work with cryptocurrencies", - Siluanov.
- Israel is thinking over its own cryptocurrency.
- The Israeli regulator will prohibit the circulation of "crypto shares".
- Musician Basta will launch a cryptocurrency project.
- Bitcoin is not a currency - Chairman of the National Bank of Belgium.
The volume of Bitcoin trades has almost halved from 1,358,000 BTC on Dec. 20 to 762,000 BTC on Dec. 25. The price forms a triangle, the exit from which can be used to make profits. Resistance level is $14,000, support level is $13,500.
Idea: Potential profit + $3000. The risk is $500. The term is 1-3 days.
- Purchase at a breakthrough of $14,000 level, with a target of $17,000. If the scenario is cancelled, it will go below $13,500.
- Sale at a breakout of $13,500 level, with a target of $10,500. If the scenario is cancelled, it will go above $14,000.