The Realities of Trading (Confidential)

Do you want to be a successful trader? Then you need to unlock your potential and develop the right habits and routines.

Experience shows that people want to keep doing what they are doing, while expecting different results. In trading, that means they carry on trading in a certain way even when it brings poor results. Making a career out of trading means you have to identify what doesn’t work for you, and stop doing it. But that’s not easy – nobody likes being told they are wrong.

Your mind is the biggest obstacle that you need to overcome. It prevents you from following trading plans and deceives you into disobeying winning rules because of a transitory setback, thus missing great opportunities to make decent profits. You can only unlock your trading potential through the realities of trading.

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The Realities of Trading (Confidential)

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EURJPY: Weakens, Threatens Move Towards The 128.79 Area

EURJPY: The pair looks to weaken further leaving risk of a move towards the 128.79 zone on the cards. Support comes in at the 128.50 level where a break if seen will aim at the 128.00 level. A cut through here will turn focus to the 127.50 level and possibly lower towards the 127.00 level. On the upside, resistance resides at the 129.50 level. Further out, we envisage a possible move towards the 130.00 level. Further out, resistance resides at the 130.50 level with a turn above here aiming at the 131.00 level. On the whole, EURJPY continues to face further downside pressure on correction.

EURJPY: Weakens, Threatens Move Towards The 128.79 Area

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CRUDE OIL: Sees Further Upside, Eyes The 70.41 Region

CRUDE OIL: The commodity faces further recovery threats following its higher close on Wednesday. On the downside, support resides at the 69.50 level where a break will expose the 69.00 level. A cut through here will set the stage for a run at the 68.50 level. Further down, support resides at the 68.00 level. On the upside, resistance resides at the 70.50 level. Further out, resistance comes in at the 71.00 level. A break above here will aim at the 71.50 level and then the 72.00 level followed by the 72.50 level. Its daily RSI is bullish and pointing higher suggesting further strength. All in all, CRUDE OIL remains biased to the upside.

CRUDE OIL: Sees Further Upside, Eyes The 70.41 Region

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Ethereum (ETH) Daily Price Forecast – August 30

ETH/USD Medium-term Trend: Rang: Ranging


Resistance Levels: $330, $340, $350
Support Levels: $300, $290, $280

Yesterday, August 29th, the price of Ethereum was in a bullish trend. The ETH price was unable to reach and break the upper level of a price range. The cryptocurrency reached the high of $297.53 and later fell to the low of $284.02. The price of Ethereum is range bound between the levels of $260 and $320 since August 17. Today, the price of Ethereum has fallen to its range bound movement.

The ETH price is likely to fluctuate within the confinement of its range. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In addition, the price of Ethereum is above the 12-day EMA and the 26-day EMA which indicates that the bullish trend is ongoing. The Relative Strength Index period 14 is level 51 which indicates that price is in the sideways trend zone.


ETH/USD Short-term Trend: Ranging

On the 1-hour chart, the price of Ethereum is in a sideways trend. The MACD line and the signal line are below the zero line which indicates a sell signal. Price of Ethereum is below the 12-day EMA and the 26-day EMA which indicates that price is falling.


The views and opinions expressed here do not reflect that of BitcoinExhangeGuide.com and do not constitute financial advice. Always do your own research.

Source: www.bitcoinexchangeguide.com

Ethereum (ETH) Daily Price Forecast – August 30

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Scalping Detector Indicator

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Scalping Detector Indicator

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It's time to travel the world through Cryptocurrencies

In the 19th century, French novelist Jules Verne wrote of the adventures of Phileas Fogg in Around the World in Eighty Days – now, in the 21st century, the updated tale may well be Around the World in Forty Cryptocurrencies. The site’s ease of use and global reach, united with its flexible cryptocurrency prices, has meant that numerous cryptocurrency investors are at present flocking to the site to enjoy a well-deserved break using their speculative gains.

More Stamps Global accepts forty different popular cryptocurrencies, allowing its customers to book flights, hotels, rental cars, and more at a diversity of locations around the world. The agency’s launch marks animportant step forward in the adoption of cryptocurrencies. Currencies accepted include DigiByte, Ethereum, Litecoin, OmiseGo, Augur, iExec, Salt, 0x, Basic Attention Token, Bitcoin Cash, Bancor, Dash, Decred, among many others.
More Stamps Global was born from the zeal and hunger to offer freedom of movement and hassle-free travel to the world at large. This zest led to proper study and research of the travel and tourism industry to enable us to invent better and cheaper methods of boarding on journeys to any part of the world.

More Stampshunt for a better travel means led us to the blockchain technology and cryptocurrencies, providing us with a potent weapon to revolutionize the travel and tourism sector.
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It's time to travel the world through Cryptocurrencies

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Litecoin (LTC) Daily Price Forecast – August 27

LTC/USD Medium-term Trend: Ranging


Resistance Levels: $70, $75, $80
Support Levels: $60, $55, $50

Last week the LTC price was in a sideways trend. The digital currency fluctuates between the resistance level at $60 and the support level at $50. However, On August 22nd, the price of Litecoin reached the high of $59.43 and price pullback to the low of $56.21. The digital currency had been ranging below and above the price $56.21. Today, the LTC price has no significant price movement because the market is quiet.

The price will react the same way this week until a breakout occurs. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. Also, the price of Litecoin is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. The Relative Strength Index period 14 is level 48 which indicates that price is in the sideways trend zone.


LTC/USD Short-term Trend: Ranging

From the 1-hour chart, the LTC price is in a sideways trend. The price of Litecoin is above the 12-day EMA and the 26-day EMA which indicates that price is in a trend. The MACD line and the signal line are at par with the zero line which indicates a neutral signal.


The views and opinions expressed here do not reflect that of BitcoinExhangeGuide.com and do not constitute financial advice. Always do your own research.

Source: https://bitcoinexchangeguide.com

Litecoin (LTC) Daily Price Forecast – August 27

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