Tuesday, November 27, 2018

CryptoCurrency News: Goldman, Morgan Stanley Go Live With CLS’ IBM-Powered Blockchain

CLS, the bank-owned currency trading utility, and IBM have gone live with their blockchain-based payment netting service after more than two years in development.

via CoinDesk

CryptoCurrency News: Nasdaq, VanEck Partner to Launch ‘Crypto 2.0’ Futures Contracts

The second largest stock exchange in the world - NASDAQ - is partnering with investment management firm VanEck to bring to market a new generation of cryptocurrency futures products.

via CoinDesk

[FOREX TIP] GBPCAD Price Action Analysis – 28th Nov 2018

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GBPCAD has been within a range on the H4 chart. The H4 chart shows that the price produced two double tops and two double bottoms so far within that range. The price again near to the support level and it seems that it might end up producing a double bottom by making a breakout at the neckline. Let us have a look at the H4 GBPCAD chart.

GBPCAD Price Action Analysis – 28th Nov 2018

GBPCAD Price Action Analysis – 28th Nov 2018

The level of 1.69110 is the level of support and 1.69880 is the level of resistance that hold the whole equation here. If the level of support produces an H4 bullish engulfing candle and makes a breakout at the level of 1.69880, then the price would head towards the level of 1.71120 without having that many pauses. Let us have a look at the summary of the trade…

  • Buy Stop Order: 1.69880
  • Stop Loss: 1.69110
  • Take Profit:  1.71120
  • 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

There is an interesting point that we have to notice. The breakout could take place at the support level as well. If that happens, then the price has to go towards the support level; produces an H4 bearish engulfing candle and makes a breakout at the level of 1.69110. The equation would work entirely in a different way then. This is the beauty of the Forex market. Things get change within a blink of an eye. At the moment, considering the chart and the price action, our job is to eye for an H4 bullish engulfing candle and a breakout at the resistance level to take a long entry.

We just this powerful Price Action Scanner to find us the best trades everyday.


The post GBPCAD Price Action Analysis – 28th Nov 2018 appeared first on Advanced Forex Strategies.

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CryptoCurrency News: SEC Chair Clayton: Crypto ETF Needs Exchanges ‘Free From Manipulation’

Token issuers looking to fund their businesses with the proceeds should "start with the assumption that it's a securities offering," according to the SEC's Jay Clayton.

via CoinDesk

CryptoCurrency News: El-Erian: Crypto Will Become ‘More Widespread’ But Not ‘Dominant’

Mohamed El-Erian, the chief economic advisor for Allianz, said Tuesday that he believes cryptocurrencies will become more “widespread” but as part of a broader ecosystem.

via CoinDesk

CryptoCurrency News: Tether Says Customers Can Once Again Deposit and Redeem Fiat

Tether is again offering fiat redemption of its stablecoin USDT. Meanwhile, Bitfinex is now offering a U.S. dollar/tether trading pair.

via CoinDesk

CryptoCurrency News: ICE Founder: ‘We’re Kind of Agnostic’ on Bitcoin’s Price

ICE founder and chairman Jeffrey Sprecher and Bakkt CEO Kelly Loeffler took to the stage during CoinDesk's Consensus: Invest event on Tuesday.

via CoinDesk

CryptoCurrency News: Bloomberg: Nasdaq Still Planning Bitcoin Futures Launch in 2019

Stock exchange operator Nasdaq is sticking with plans to launch bitcoin futures contracts early next year, say Bloomberg sources.

via CoinDesk

CryptoCurrency News: Harbor Launches Tokenized Equity Purchases With Real Estate Offering

Security token startup Harbor is offering its first private placement, allowing investors to buy into a high-rise property.

via CoinDesk

CryptoCurrency News: Messari Opens Disclosure Registry for Crypto Projects

Messari is launching a disclosure registry for crypto projects to better inform investors.

via CoinDesk

CryptoCurrency News: Crypto Exchange Bitstamp Rolls Out Tech to Spot Market Manipulation

Crypto exchange Bitstamp is upgrading its tech arsenal to better identify suspicious activity and market manipulation.

via CoinDesk

CryptoCurrency News: Galaxy Digital, Cumberland and More Plan New Crypto Code of Conduct

Ten crypto and financial startups are forming a new association to create standards of conduct for the blockchain space.

via CoinDesk

CryptoCurrency News: Bitcoin Will Close Below Key Price Support in First Since 2015

Bitcoin looks set to end the month below a key long-term support level for the first time in three years.

via CoinDesk

CryptoCurrency News: Fake Developer Sneaks Malicious Code into BitPay’s Copay Wallet

The Copay wallet from crypto payments processor BitPay has been compromised by a hacker, the firm warns. An updated version has been released.

via CoinDesk

CryptoCurrency News: Abu Dhabi Bank Settles $500 Million Bond on a Blockchain

Abu Dhabi-based Al Hilal Bank has carried out a blockchain-based transaction for an Islamic bond worth $500 million.

via CoinDesk

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