25.12.2017. Market Review. Results of the Day. Bitcoin - Have an Idea!

December 26, 2017

25.12.2017. Market Review. Results of the Day. Bitcoin - Have an Idea!

25.12.2017. Market Review. Results of the day. Bitcoin - have an idea!

BTC $13,745 + 4.5%
762,000 BTC


ETH $712.98 + 10.6%
3 400 000 ETH


Growth leaders:

Ethereum + 10.6%

IOTA + 8.8%

Monero + 5.85%


Market Review

  • "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.

Technical view

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.

  1. 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.
  2. 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.


 

Comments

Никто ещё не оставил комментариев. Желаете быть первым?