MEX_Exchange
看多

Bitcoin bouncing perfectly, remain bullish for a further rise

BITFINEX:BTCUSD   比特幣 / 美元
Buy above 10356. Stop loss at 9092. Take profit at 12976.
Reason for the trading strategy (fundamentally):
The latest news surrounding bitcoin             involves Israel confirming it will tax bitcoin             as a property, meaning that it is treated more as ‘a property, not a currency’, making it therefore taxable as such means profits from cryptocurrencies will be subject to capital gains tax at rates between 20-25%, while individuals mining or trading cryptocurrencies in connection with business must pay a 17% VAT on top of that. This news is not too unexpected, but is a firm reminder on some countries’ stance on cryptocurrencies and might prove to be throwing some cold water on the recent recovery of bitcoin             .
Reason for the trading strategy (technically):
Bitcoin             has continued to rise nicely and bounced from our buying level perfectly yesterday, which also confirms that the market is still obeying our ascending support line. We remain bullish looking to buy on dips above 10356 support (horizontal overlap support, ascending support) for a further rise to 12976 resistance ( Fibonacci retracement , horizontal overlap resistance).
RSI (55) sees an overlap support at 53%which continues to hold our bullish bias.

https://telegram.me/fxtradingroom --> join the waiting list for our free live trading room!
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
首頁 股票篩選器 外匯信號搜索器 加密貨幣信號搜索器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人檔案 個人檔案設定 帳戶和帳單 我的事件處理號碼 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出