Monday, September 17, 2018

CryptoCurrency News: Palestinians Are Using Bitcoin to Transact Across Borders Amid Conflict

For a small community of users in the occupied territories, bitcoin has become an economic lifeline to the outside world. But it can do only so much.

via CoinDesk

CryptoCurrency News: Ether Just Erased Half of Last Week's 35% Rally

The world's second-largest cryptocurrency, ether (ETH), erased half of last week's rally today amid a broader market sell-off.

via CoinDesk

CryptoCurrency News: Cryptojacking Scripts Found on Local Indian Government Sites

Municipal government websites in Andhra Pradesh are running cryptojacking scripts, a group of security researchers found earlier this month.

via CoinDesk

CryptoCurrency News: Ukrainian Parliament Proposes Taxing Crypto-Related Profits

The Ukrainian parliament has introduced a bill outlining taxes on cryptocurrency-related profits.

via CoinDesk

CryptoCurrency News: Ethereum Dapp Bancor Is Expanding to EOS for Fast, Free Transactions

Bancor has announced plans to launch on EOS, expanding its decentralized token exchange protocol to a second blockchain.

via CoinDesk

CryptoCurrency News: Cloudflare Launches Decentralized Web Gateway at Its First 'Crypto Week'

Cloudflare intends to announce a new cryptography-related product every day this week. The first: a gateway to access the InterPlanetary File System.

via CoinDesk

CryptoCurrency News: Blockchain Can Help Solve Swathe of Environmental Issues, Says WEF Study

Research by the World Economic Forum and PwC has identified over 65 ways blockchain could address some of the most urgent environmental challenges.

via CoinDesk

CryptoCurrency News: Galaxy, BlockTower Lead $16 Million Funding for Crypto Project Caspian

Caspian, a project aimed at giving crypto traders better tools, has attracted $16 million in funding from top industry investors.

via CoinDesk

CryptoCurrency News: US Court Seizes Lambo, Crypto Millions from Dead Dark Web Kingpin

The U.S. Department of Justice has won the right to confiscate money and items Alexandre Cazes enjoyed from his dark web e-commerce empire's riches.

via CoinDesk

CryptoCurrency News: $6,550: Bitcoin Charts Suggest New Target for Price Rally

Bitcoin's corrective rally seems to have stalled around $6,550, making it a key level to beat for the bulls.

via CoinDesk

CryptoCurrency News: Tezos Token Makes Gains in Approach to Official Launch

The prospect of Tezos' official launch Monday has revved up investor interest in the project's XTZ token, pushing prices up 30% in a week.

via CoinDesk

CryptoCurrency News: LG's Mobile Arm to Trial Blockchain Payments for Overseas Travelers

South Korean telco LG Uplus is to trial a blockchain-based mobile payment service aimed to let travelers save fees when shopping abroad.

via CoinDesk

CryptoCurrency News: Mastercard Patent Filings Tout Blockchain for Immutable Data Records

A group of Mastercard patent applications outline how blockchain technology can be used to securely record transaction information.

via CoinDesk

[FOREX TIP] GBPNZD Price Action Analysis – 17th Sept 2018

GBPNZD had a massive H4 Bullish ride. The pair seems to make a Double Top at a significant level of Resistance. If we get a breakout at the neck of that Double Top, then the price would head towards the South for some days as far as the H4 chart is concerned. Let us have a look at the H4 GBPNZD chart.

GBPNZD Price Action Analysis – 17th Sept 2018

GBPNZD Price Action Analysis – 17th Sept 2018

See that massive H4 Bullish move. Then, the level of 1.99730 has come into play and it made the price have rejection number of times. The level of 1.98590 has been the level of Support as well as the neckline of the Double Top. The price has been heading towards this level. If it gathers a momentum and makes a breakout at the level of 1.98590, then we would get an opportunity to go short upon the breakout confirmation. Let us have a look at the summary of the trade…

  • Sell Stop Order: 1.98590
  • Stop Loss: 1.99730
  • Take profit: 1.96900
  • Validity: 72 hours
  • Whenever possible, move the stop loss to the entry price and whenever you want, you can take profit anytime as long as you feel comfortable

If we get an H4 breakout and confirmation today that move could be a vital move of the pair in coming weeks. The level of Resistance is a Weekly Resistance level as well. Thus, after an H4 ride towards the downside, the pair might as well keep going down by following the Weekly chart. Yes, there are other equations to deal with for that to happen. Nevertheless, it is very much on the card that the pair might start taking a massive Bearish ride soon.


The post GBPNZD Price Action Analysis – 17th Sept 2018 appeared first on Advanced Forex Strategies.

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