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Tuesday, November 6, 2018
CryptoCurrency News: Coinbase Offers $5k Egg-Freezing Benefit in Bid to Retain Talent
Silicon Valley cryptocurrency unicorn Coinbase has taken an unusual and expensive step to recruit and retain diverse employees.
via CoinDesk
CryptoCurrency News: Bitcoin Cash Price Climbs 11% to Hit 2-Month High
The price of bitcoin cash rose more than 11 percent on Tuesday, pushing its price to a new two-month high.
via CoinDesk
CryptoCurrency News: Texas Regulators Enter Emergency Stop Against Crypto Mining Firm
The Texas State Securities Board issued an emergency cease-and-desist against a company it claims committed fraud in offering crypto mining contracts.
via CoinDesk
CryptoCurrency News: Charlie Shrem Says He Never Owned Bitcoin Claimed Stolen By Winklevosses
In a new court filing, Charlie Shrem denies claims that he stole 5,000 bitcoin from Cameron and Tyler Winklevoss.
via CoinDesk
CryptoCurrency News: Bitmain to Begin Selling New Bitcoin Miners Later This Week
Bitmain's recently revealed 7nm ASIC mining chip will be included in new Antminer S15 and T15 models, which go on sale Thursday.
via CoinDesk
CryptoCurrency News: The Number of Bitcoin Short Positions Hits 3-Month Low
Short positions placed on bitcoin have fallen to their lowest levels since the beginning of August as market sentiment shifts in favor of the bulls.
via CoinDesk
CryptoCurrency News: 15 Banks Join DTCC Post-Trade Blockchain as Project Enters Testing
The Depository Trust & Clearing Corporation is now testing its main blockchain project with 15 global banks, before taking the tech live in 2019.
via CoinDesk
CryptoCurrency News: Crypto Wallet Firm Blockchain to Airdrop $125 Million in Stellar
Crypto wallet provider Blockchain says it will distribute $125 million in Stellar XLM to users, with some receiving tokens within the week.
via CoinDesk
CryptoCurrency News: US Elections Push Augur's Total Ether Bets Over $2 Million
Betting on elections to the U.S. House has brought over $700,000 onto the platform, pushing the midterms market into the top spot.
via CoinDesk
CryptoCurrency News: Crypto Mining Tech Firm Bitfury Closes $80 Million Funding Round
Bitfury Group has just closed an $80 million funding round led by venture capital firm Korelya Capital.
via CoinDesk
CryptoCurrency News: This Bitcoin Price Chart May Give Early Warning of Next Bull Reversal
Bitcoin's long-awaited bullish reversal could gather steam once prices cross key resistance near $6,650.
via CoinDesk
CryptoCurrency News: 'Off the Chain' Crypto Podcast Apparently Blocked on Apple iTunes
The "Off the Chain" crypto podcast by Anthony "Pomp" Pompliano appears to have been blocked on Apple's iTunes app on Monday.
via CoinDesk
CryptoCurrency News: Crypto Exchange BTCC Is Closing its Mining Pool Business Indefinitely
Hong Kong-based cryptocurrency exchange BTCC is shutting down its mining pool business this month.
via CoinDesk
[FOREX TIP] NZDJPY Price Action Analysis – 6th Nov 2018
NZDJPY made a huge Bullish move on the H4 chart. Then the pair seems to have found a level of Resistance. In fact, there is a strong possibility that the pair might produce a Double Top. If that happens, then an H4 breakout candle right at the Neck Line of that Double Top would be the signal to take a short entry. Let us have a look at the H4 NZDJPY chart.
As we see that the level of 75.515 is the level of Resistance. This level might become the level of Resistance of the Double Top. If one of the H4 Bearish Candles makes a breakout at the level of 74.915, then the price would head towards the level of 74.100. Let us have a look at the H4 NZDJPY chart.
- Sell Stop Order: 74.915
- Stop loss: 75.515
- Take Profit: 74.100
- 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
The Daily chart shows that NZDJPY has been trapped within a Horizontal zone. However, the H4 chart has been very active though. The H4 chart has been obeying the Support and Resistance level of the Daily chart. It keeps offering us Long and Short entries. My point of saying is it is good to have strong trend on the Daily chart. We then find out an entry on the H4 chart with the Daily trend. However, if the Daily chart is in a big range, but H4 chart shows clear trend that is good enough to look for the entries. Point to be noted is the Daily ranging zone has to have enough space.
The post NZDJPY Price Action Analysis – 6th Nov 2018 appeared first on Advanced Forex Strategies.
from Advanced Forex Strategies
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