https://www.tradingview.com/chart/HotYIvB8/
While the price is above 9600, there are all prerequisites for consolidation and continued growth. 9600, at present, is a "watershed", a pass, between a new growing trend or the continuation of a fall from its maximum peaks.
The market now has such news:
* Index of falling of highly capitalized currencies - 2.5%
Negative:
* Polish government pays bloggers for a video about the collapse of cryptology
* More than two months on the market it is difficult to meet at least 10-15% growth, in any liquid altcoyins
* Digital currencies are not a legal tender in Malaysia.
* China strengthens supervision over crypto-currencies
* New dangerous malicious code RedDrop attacks Android-applications
* Thailand's cryptobiore TDAX, denied the service of the second bank
Positive:
* German bank Bitwala announced the launch of a crypto-currency card
* Japan will create a regulatory environment for conducting ICO 0.00%
* Change of ownership, saved Poloniex crypto-instrument against SEC
Conclusion:
* There is a consolidation. The market as a whole is hungry for growth, but so far there is no flow of positive news and the arrival of new participants.
While the price is above 9600, there are all prerequisites for consolidation and continued growth. 9600, at present, is a "watershed", a pass, between a new growing trend or the continuation of a fall from its maximum peaks.
The market now has such news:
* Index of falling of highly capitalized currencies - 2.5%
Negative:
* Polish government pays bloggers for a video about the collapse of cryptology
* More than two months on the market it is difficult to meet at least 10-15% growth, in any liquid altcoyins
* Digital currencies are not a legal tender in Malaysia.
* China strengthens supervision over crypto-currencies
* New dangerous malicious code RedDrop attacks Android-applications
* Thailand's cryptobiore TDAX, denied the service of the second bank
Positive:
* German bank Bitwala announced the launch of a crypto-currency card
* Japan will create a regulatory environment for conducting ICO 0.00%
* Change of ownership, saved Poloniex crypto-instrument against SEC
Conclusion:
* There is a consolidation. The market as a whole is hungry for growth, but so far there is no flow of positive news and the arrival of new participants.
