#ARK At the 3-hour timeframe chart Ark demonstrate confident bounces from the short term support line. Technically the coin has a great potential to grow. Triple local bottom was formed around 0.000141 where our lowest point of the buy zone is located.…
At the 3-hour timeframe chart Ark demonstrate confident bounces from the short term support line.
Technically the coin has a great potential to grow. Triple local bottom was formed around 0.000141 where our lowest point of the buy zone is located. This level acts like a strong and tested support, moreover we see oversold state Stoch RSI state in the short term, while MACD at the weekly timeframe is positive. It indicates possibility of quick growth and consolidation on upper levels further.
At 1-day timeframe the price went above EMA , while trends of moving averages itself are ascending
As you know January was the hardest month ever and we had to follow hold strategy. February was a good month: the alt market started to grow again, while BTC made several bullish moves. We increased number of signals. There were 13 accurate profitable signals with average profit 13.07%.
Final results are 109.11% profit to the Deposit in the Premium channel and 27.41% to the deposit in the Basic channel
The coin reached all our targets today. We told to buy only when the price goes above the resistance of 0.00262. The price broke through it and pump happened
#Useful_notes Types of orders of crypto-exchange
An order is the main instrument used by traders on the exchange. It is with its help that the sale and purchase of crypto currency is carried out. In this article we will consider the main orders of crypto-exchanges.
LIMIT ORDER This order is considered basic and all beginners start with it. Its main feature is that you can specify not only the volume of sold/bought coins, but also their desired value. It is very advantageous if the market is expected to rise or fall sharply. For example, one of the analysts predicted that at night BTC will give an instant growth from 10 thousand dollars to 15 thousand dollars. Then you need to place an order with the desired price of 15 thousand dollars, and as soon as this figure is reached, the exchange will automatically conduct the transaction.
MARKET ORDER This type of orders is often used by those who want to quickly make a purchase or sale of cryptocurrency. The essence of it is that you put the coins at the market price. Thus, the transaction is carried out instantly. When setting up buy/sell, you specify only the amount of coins.
STOP MARKET Such orders on exchanges are considered to be the most significant for traders. They are used by almost everyone, as they allow you to protect yourself from sharp drops in the exchange rate and provide profitable deals when lifting. The essence of such an order is that you can set a lower limit for sale or an upper limit for purchase.
For example, if another fork is expected, there is every chance that the BTC price will rise for a short period of time. If the current rate is 5 thousand dollars, the order is set at 6-7 thousand dollars and sell. When this indicator is reached, the trade will be closed as Market Order. The same is true for sell orders.
STOP-LIMIT This order is very similar to the stop market. Only has one essential difference-the stop market carries out the transaction on achievement of a certain market
#News One of the largest banks in Switzerland will begin to provide cryptocurrency services
Banking giant from Switzerland Julius Baer announced cooperation with cryptocurrency startup SEBA Crypto AG, in which the Bank's customers will be provided with services related to cryptocurrencies.
The Julius Baer website reports that the SEBA project, founded in April 2018, is a pioneer in the financial industry, creating a technological bridge between the world of traditional and digital assets.
Julius Baer Bank is going to take advantage of SEBA's innovative platform to provide Julius Baer customers with advanced digital asset solutions to meet the growing demand. In particular, clients will be presented with solutions for storage, transactions and investments of cryptocurrencies.
The partnership will enter into force after SEBA obtains a license for banks and securities dealers in the Swiss financial markets supervision Authority (FINMA). The application was sent last summer and SEBA plans to start operations in the second quarter of 2019.
Also last year Julius Baer acquired a share in SEBA, the size of which is not disclosed.
"We are convinced that digital assets will become a legitimate class of sustainable assets in the investor's portfolio. The investment in SEBA, as well as our strong partnership, is proof of Julius Baer's involvement in digital assets and our commitment to making innovation accessible to our customers," said Peter Gerlach, head of markets at Julius Baer and a prospective member of the SEBA Board of Directors.
Julius Baer is one of the oldest and largest banks in Switzerland. Under his management is 400 billion Swiss francs (about $400 billion).
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At the 4-hour timeframe chart we can see a nice bullish flag formed after consolidation and correction period finished.
Technical analysis is great as well as fundamentals. We can see majority of indicators become bullish and the reason is the volume grows and the price made a break out of the local triangle. Moreover there is a hidden bullish divergence of price oscillator and price movement which is drawn at the chart
We gave this signal in the premium channel 4 hours ago
At the 1-day chart we can see that most of indicators are neutral. We have a standard triangle formation with higher "lows" and lower "highs". The price came to the edge of the pattern and broke it upward penetrating Ichimoku clouds zone where it can consolidate.
If we take a closer look it becomes clear that the coin gains momentum power and volume increases as well. The last time we had the same combination: break out + momentum and volume growth, there were formed 5 Elliott impulse waves. It happened on 24th of August 2018 and two months later the coin's price increase by 232%
We recommend the con for short term swing trade and for a just long term hold
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