Adsense

Tuesday, April 23, 2019

DASH trading: The Bears Head Towards a Critical Support, a Break or Reversal?



DASH Price Analysis – April 23

After April short position, DASH market had been following a bearish sentiment. Crossing down the 200-day MA, DASH/BTC nears a key support level of 0.022 BTC. Despite the fall, the 200-day MA still acts as a defensive line for DASH/USD pair. However, both markets respect a falling channel.

DASH/USD Market

Key Levels:
Resistance levels: $135, $145
Support levels: $115, $100

The price of DASH had been falling for the past weeks due to the selling pressure in the market. As a result of this, the market has been down by roughly 18% as price currently trades at $123 level. The volatility of the cryptocurrency appeared low with choppy price action.

Following the medium-term bearish correction, DASH is still respecting the bulls’ defensive line; the 200-day moving average line (yellow). Meanwhile, the $125 price level has been holding the bulls for the past twelve days. A successful breach might take price to $130.

As shown on the RSI, the trend is positioned at 56.8 level. The next major resistance is at $135 level which is outside the channel. A bearish move could slump price to $115support.

DASH/BTC Market
While staying above the important 200-day moving average line (yellow) in late March, DASH price rose to the peak of 0.029 BTC high before plunging in a channel. Testing the yellow line on April 12, a significant break has further led the bears far below the yellow line.

Currently, the cryptocurrency head towards the March support at 0.022 BTC level. At the test of the mentioned support, a possible bounce up may occur for a bullish reversal. If a bounce up fails, a break down could further the trend in a more bearish condition.

The medium-term RSI is now trending below the 50 level after the price drop on April 1. A successful break up could kick-start a bull-run at 0.024 BTC resistance level, testing the important yellow line.


Please note: insidebitcoins.com is not a financial advisor. Do your own research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.



How to trade Bitcoin successfully:  https://insidebitcoins.com/trading/bitcoin    


Sunday, April 21, 2019

IOTA trading: IOTA Trends in a Falling Channel, Will Price Break Up?



IOTA Price Analysis – April 21

With the current market condition, this cryptocurrency may reverse the trend after reaching a solid support level which may be followed by a break-up. If otherwise, the market could further trend in a channel. As of the time of writing, IOTA is down by 3% with a market cap valuation of $846 million.

IOTA/USD Market

Key Levels:
Resistance levels: $0.33, $0.36
Support levels: $0.28, $0.27

After the April 2 shock-wave, IOTA trading has been following a bearish sentiment. Meanwhile, the sellers have been gaining control ever since. The bearish reverse move is revealed on the 4-hours RSI. For the past seven days now, the price action has been moving between the range of $0.32 and $0.3 price levels.

While consolidating, IOTAUSD market is currently indecisive. A surge in volatility is likely to play out. Still respecting a falling channel, a bearish surge could slump price to $0.28 support level and below. On the other hand, a bullish surge is likely to meet resistance levels at $0.33 and above.

However, a significant break above the channel could set price on an upward movement. Looking at the RSI, it appeared a slow rise is converging.

IOTA/BTC Market
As appeared on the medium-term perspective, IOTABTC value has significantly dropped; losing about twenty percent in the past three weeks of trading. Selling pressure is dramatically approaching 5400 SAT support.

Following a bearish sentiment, the cryptocurrency has remained within the range of a channel trend. On the 4-hours RSI indicator, the slope move is revealed below the 50 level after the sharp fall in early April. A cross above the 50 level could lead to a bullish move. If such a scenario occurs, the potential resistance level to look for is 6180 SAT and above.

Maintaining a trend between the ranges of the channel could further position the market in a bearish scenario. As of now, the 50 level of the RSI remains a defensive line for the bears.


Please note: insidebitcoins.com is not a financial advisor. Do your own research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.




Best brokers for 2019:  https://insidebitcoins.com/forex-brokers    

Saturday, April 20, 2019

Barclays – things now look promising


Barclays shares (LSE:BARC) were recently not a good market, but things are now looking promising. There is a clear bullish signal in the market.

Price broke the upper Trendline to the upside more than a few times, only to return below it. This time around, price has broken above the upper Trendline again, and it may not return below it at the present.

This fact is also buttressed by the signal on the RSI period 14, which has gone above the level 60, pointing farther upwards. There is a clear bullish signal in the market.

BARC is supposed to reach the distribution territories at 180.00, 190.00 and 200.00 before the end of this year.

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Trading realities: Trading realities 
  

Buy and sell Perfect Money/Payeer/Epay; get funded quickly: www.ituglobalfx.com.ng

A new low risk “buy” signal emerges on HSBC Holdings


HSBC Holdings stock (LSE:HSBA) has generated a clean, low-risk buy signal, following the recent discouraging conditions in the market.

From November 2018 to February 2019, price consolidated seriously, and then fell lower in the following few months. Starting from the latter end of March 2019, a nice bullish trend has started.

4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the top left part of the chart.

At this point, all the EMAs are sloping upwards as price remains above them. Most importantly, a Golden Cross has taken place, and that is a very good signal for bulls. The signal is still very much fresh as the market has much more room to go skywards.

HSBA is supposed to reach the supply levels at 700.00, 800.00 and 900.00 before the end 2019.


Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Trading realities: Trading realities 
  

Buy and sell Perfect Money/Payeer/Epay; get funded quickly: www.ituglobalfx.com.ng

                                               

Thursday, April 18, 2019

XRP trading: Still Bearish, Ripple May Bounce Up After Testing a Close Support


Ripple (XRP) Price Analysis – April 16

Regardless of the current green market, XRPUSD bearish sentiment moves in a descending channel with a slow price action towards close support. XRPBTC, on the other hand, has further fallen in a new direction. Still, XRP market is falling.

XRP/USD Market


Key Levels:
Resistance levels: $0.35, $0.37, $0.39
Support levels: $0.30, $0.28, $0.26

Looking at the medium-term chart, Ripple appeared bearish as price trades within a descending channel in since early April. While sitting at the lower channel, XRPUSD market has been consolidating for the past five days as a swing high is expected at $0.35 resistance level. A further push above the mentioned resistance may resume XRP on a bullish trend.

Meanwhile, a possible swing low could plummet price to $0.3 support and beyond. Evidently, the trend lines are still a defensive line for the bulls and the bears.

Viewing the 4-hours RSI, a gradual buying momentum is compounding as it points upward. More importantly, the 4-hours Stochastic RSI pressure nears overbought territory. A slight drop is likely once the indicator reaches the overbought zone.
Nevertheless, XRPUSD market is still respecting a descending channel pattern.

XRP/BTC Market
Ripple, as a hedge, is on a downtrend trend. The massive sell-off in early April has led the sellers to more significant downward movement as price faces 6000 SAT low.The coin’s value is dramatically depreciating as a new low is yet to be established. The bearish scenario is now revealed to be strong; following a new purple line.

Since the drop, the 4-hours RSI has positioned trading below the 50 level; currently swinging on the oversold line. A clear breach above the purple trend line could fly price to 6600 SAT resistance and above.

The current 4-hours Stochastic RSI faces the oversold zone; showing an ongoing selling pressure. A long position may switch the Oscillator on an upside trend. At the moment, the sellers are gaining control of the market.




Please note: insidebitcoins.com is not a financial advisor. Do your own research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

How to trade Bitcoin successfully:  https://insidebitcoins.com/trading/bitcoin    

Tuesday, April 16, 2019

BNB trading: BNB Falls After Posting $20, The Bulls May Resume Rally

Binance Coin (BNB) Price Analysis – April 15

For the past two weeks, Binance Coin has been trading below $20.5, the yearly high, following a bearish sentiment. While BNBBTC market consolidates, BNBUSD is actually playing out on a decline as the sellers target next support level. However, a bullish breakout may continue an upward direction.

BNB-USD Market

Key Levels:
Resistance levels: $20, $21
Support levels: $17, $16

BNBUSD performance has been quite impressive since the beginning of the year 2019; recording its all-time high at $20.5 in early April. After the steady drop to $17 area, the bulls increased momentum as price retested the ATH area; carving a descending broadening wedge formation.

BNBUSD-4H-Chart-April-15

In the last few hours of trading, the bears appeared to be resuming the rally. A selling pressure is gradually aiming $17 and $16 supports; respecting the trend line.

The important RSI is currently facing downward, signaling a bearish play. Reaching the oversold area may position the token at the mentioned price levels. A bullish play is likely to retest $20 resistance level. Surpassing the level may lead to a bullish continuation.

BNB-BTC Market

Following the market structure, BNBBTC is bearish on a medium-term trend as the price trades within a channel pattern. The fall began slowly after a double-bottom pattern at 0.0044 BTC high, which led the bears to the lower trend line at 0.0033 BTC before the bulls walk to 0.0039 BTC; testing the upper trend line.

BNBBTC-4H-Chart-April-15

Since yesterday, the price action has remained below 0.0039 BTC resistance level. A cross above this resistance could poise BNB for an upside trend. A long position could meet resistance at 0.0042 BTC resistance level. On the other hand, a downward move is likely at 0.0034 BTC and 0.0033 supports.
As revealed on the 4-hours RSI, the cryptocurrency is trading below the overbought level.

Please note: insidebitcoins.com is not a financial advisor. Do your own research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.



 https://insidebitcoins.com/buy-cryptocurrency/buy-bitcoin-paypal  

 https://insidebitcoins.com/forex-brokers   

Thursday, April 11, 2019

How to Buy Bitcoin with PayPal in 5 Minutes


Last Updated on April 10, 2019

4.6 (91.54%) 26votes
The complications with buying Bitcoin with Paypal are well-known : many individuals have sold their bitcoins on Paypal to buyers who have then claimed chargebacks, in essence leaving the seller without their cryptocurrency or funds from the sale.

Thankfully, there are many other ways of buying Bitcoin through Paypal nowadays, and to do so on safe, regulated platforms.  From our research, we have found eToro to be the best platform for puchasing bitcoin through Paypal. Read on to find the steps you should take to buy Bitcoin on this platform and on more exchanges, all of which will be reviewed in detail in this article.


 Quick Guide: Buy Bitcoin in 5 Minutes With PayPal 
  • Register for an account with a platform like eToro
  • Click on “Deposit” to select the payment options
  • Select the amount to deposit with PayPal ($250 recommended)
  • Once the Payment has been processed, click on “Overview”
  • Press the “Buy” button near the Bitcoin Market
  • Place an Open Trade on Bitcoin
  • You should have Bitcoin in your “Portfolio” now
If you still have doubts as to why  you should use PayPal to buy Bitcoin, you can compare the best exchanges that offer PayPal as a payment method.
Compare
You can find out more and compare the brokers and exchanges that offer to Buy or Sell Bitcoin with PayPal in our list below, or you can skip through directly to our step-by-step guides and tutorials
·         BTC
·         Bitcoin
(BTC)
·         Price
5,059.44
·         Market Cap
89,250,542,056
6. Apr8. Apr10. Apr5000520054004800Zoom1d1w1m3m6m1yFromApr 4, 2019ToApr 11, 2019Highcharts.com






Best Forex Brokers 2019 – Forex Trading Platforms Compared


Last Updated on 
5 (100%) 1 vote
https://insidebitcoins.com/wp-content/uploads/2019/04/forex-brokers-300x200.jpgThe trading of foreign currencies, or simply ‘Forex’ or ‘FX’, is arguably one the largest investment markets in the world. To illustrate just how big the forex scene has become, it is estimated that the industry is responsible for more than $5 trillion in trading volumes – each and everyday.
It is important to note that this trading scene is not just reserved for institutional investors. On the contrary, the forex investment space is utilized by traders of all sizes. Whether you’re looking to trade forex full-time, or for a couple of hours a day, there are now heaps of established trading platforms available to choose from.
But with so many platforms to choose from, how do you go about finding the best forex brokers? What should you look for when choosing a FX brokerage service? Read our guide to find out the best forex trading platforms for 2019.
·         Exchange
·         Rating
·         Properties
·         To Buy
https://insidebitcoins.com/wp-content/uploads/2019/02/etoro-3.png 

    
The Best Choice

·         12+ Cryptos
·         €200 Min Deposit
·         Accepts PayPal

eToro is a multi-asset platform that offers CFD and non-CFD products. 76% of retail investor accounts lose money when trading CFDs with this provider. Your investment is at risk and you could lose your money investment.




How to Read Forex Charts


Forex markets demonstrate exchanges between different currencies and their prices relative to that exchange. Understanding charts are very important and can be an extremely useful tool in trading Forex. Prior to learning how to read them and how you can use them to make money trading, you should understand what exactly goes on in a forex market chart.

Charts Are Relative to a Parameter – Foreign exchange market charts are always relative to a certain parameter. The most basic chart type in Forex, which you’ll also be using the most, is the standard line graph. A line graph houses two axis, the X-Axis, and the Y-Axis. Charts demonstrate something. The most common chart, a line graph, shows the performance of one parameter over the length of a different parameter.

The most common chart in Forex trading is the performance of a currency pair over a said period of time. In this case, we can determine the following parameters are used to demonstrate a chart for how the price of a currency pair performs over time. The parameters used in this case are:

1.) The trading pair 2.) The exchange rate (price) of the trading pair, 3.) Length of time the exchange rate of the trading pair has been recorded. In the most standard and most likely used average format of this type of chart, the parameters are used in the following notion; on the Y-Axis, you have a scale that shows the prices that the trading pair has previously obtained. On the X-Axis, you have a start date for where the data recording starts, and then an end date for when the data ends.




Let’s look at the above chart of USD/JPY courtesy of DailyFX. At the title of each graph, you will have an overview indication of what it is you’re looking at. In this case, this is the chart for the price of “USD/JPY“, in other words, the amount of USD that can be exchanged for JPY over the period of a year. On the X-Axis you can see the time indications, which are marked by Months (Time).


Then as we previously mentioned, on the Y-Axis, we have the price points at which the USD/JPY pair has attained.


Now, let’s delve a bit deeper into the graph. The exact price points may simply look like the prices at which USD/JPY has obtained previously, correct? Yes and no. The above chart is one of the most used and probably most important chart type that you’ll come across, called a Candlestick Chart.

A candlestick chart is a type of chart that shows the performance of a currency over time through the form of “candlesticks”. Candlesticks are visual representations of price movements of an underlying currency from its open price, close price, as well as its price increase/decrease relative to the price of the currency on the previous close. This might sound confusing at first, but let’s dive in; candlesticks are a concept that can only be learned with practice.

A candlestick represents a singular time mark relative to the time preference you’ve set. If you open a “Daily” candlestick chart, each candlestick that you see on the chart will be representative of a “Day” of price movement. Let’s look at a zoomed in version of the USD/JPY chart, which looks like so:




Looking at this chart, each candlestick represents a “Day” of price movement for the USD/JPY pair. Each green candlestick means that on this “Day”, the price of USD/JPY closed higher than what it closed on the day before unless we are talking about the most present candlestick on a candlestick chart. In this case, the candle will be green or red depending on whether or not the price on a “Day” opens relative to the previous day. If it opens higher, then in realtime the candle will appear green.

The following image, provided by Investopedia, demonstrates the anatomy of a candlestick on a chart.

The topmost part of the candlestick indicates the highest price achieved by the pair during the day; the second topmost is which price the pair opened or closed the day at; the body of the candle extends only as far as the fluctuation in price during the day. The bottom of the body indicates the subsequent open or closing, and then finally, the bottommost part of the candle represents the lowest price attained during the trading period.

Analyzing these sorts of charts are necessary to get a better grasp for Forex trading but are also extremely necessary for learning how to maneuver any financial market. Learning the functionality and basis of a candlestick chart will be invaluable in your overall trading.
The second chart that should be understood is the basic line chart. With (Hopefully) newfound knowledge in Candlestick Charts, understanding basic line charts will be easy. Line charts are primarily useful in Forex trading for a preliminary overview of price action. If there are 4 trading screens open across your trading desk, you may not want to know the exact details associated with price action that candlesticks provide. Sometimes you simply want to know the general direction. Basic line graphs are excellent for that purpose.
A line graph displays data in a similar manner as a Candlestick Chart. A basic line graph/chart will overview the price of a certain trading pair over a certain time period. However, it will only ever demonstrate a singular parameter through the chart: which is the close price of the trading pair. Here is the same trading pair we viewed earlier with a candlestick layout, except now replaced with a basic line setup.

Here you can see we have a very broad overview instead of exact closes, opens, and daily movements, and sometimes that’s the only thing you want when looking at a trading pair. This chart is extremely simple in terms of composition: on the Y-Axis, we have the price of the range of prices the trading pair has previously attained, and then on the X-Axis we have our variable of time, which is in months for this specific graph.


Reading Forex charts is essential, and with this basic understanding, you should have the capability to make very brief and preliminary inferences, such as “This trading pair has been declining in price for over 2 months now”, or “This trading pair dipped down today after increasing for over 3 weeks, maybe now is a good time to trade upward.” Of course, nothing is set in stone; however, comprehending Forex charts will allow you to reach a level of knowledge in trading and analysis that can be very helpful in making profit