Update
QTUM Bittrex FundamentalsQtum is a hot coin in this market at the minute
On the 4th of october (2 days) the qtum team will be explaining how the ERC20 Swap (aka atomic swap) will be taking place this causes alot of hype around this coin
also as you can see on this chart this macd on 1-day chart is flipping im in this coin and believe in it.the .7 fib is a good buy zone
my entry: .00265
my exit: .0037
This is my opnion dont trade what you cant afford to lose !!!!
XAU/USD - Medium/Long Term-Trade - Market UpdateWe've placed a -BUY- on this trade; as price has closed -ABOVE- our daily Trend-line. We have a pretty big S/L so remember to use proper risk management. We are looking to possibly hold this trade over the weekend. This is our 2nd entry for Gold; as our 1st was placed yesterday with a major trend-line rejection.
[BTC/EUR] Possible futureDue to the fact of the update to CW2 it would be not a bad choice to sell now. Beyond this I recommend to watch how first Miners gonna react, even if they all accept it I think the price will fall down anyway, use this fall for your Sell orders and Rebuy when it is at correction. If CW2 get's accepted (what I do think is gonna happen) I think the BTC price will increase rapidly so be sure to check that movement out.
Bitcoin: BTCUSD UpdateBITCOIN: BTCUSD
Bitcoin has broken out finally above 2600 but is still under the control of the original parallel coming from the low. It's now
being constrained from surging higher still on the upside by the same force.
Unless it can find power enough to break above the line it looks like a slow grind higher from here...if things stay this
way it will be 11pm Eastern tomorrow (Tuesday) when the parallel meets price at the highs at 2752. It could well end up
trading between the new parallel (only a fishing line right now, slung off the weekend spike low, but it could come into
play over the next 36 hours or so. Time will tell )
So a slow grind unless the parallel above can be
broken...doesn't have that feel though. Looks like it could well trade sideways for a while using old resistance at 2595 as
first support and 2554-2541 range as the limit to any downside from here as things currently stand. Whilst Bitcoin can hold up
in this range on any sell-offs from here - and at worst above the last parallel should 2541 fail in the near term the trend
will remain positive (spike lows/pin bars with 25 point tails are evident at every low in this move on 30 minute chart -
don't get fazed by them - they are a reassuring sight in an up-move and vice versa in downs - not always, but usually).
More BS on chart.
DXY: Dollar Index Key day for USD and GoldDXY: Dollar Index and Gold So far today DXY is bearish and Gold bullish. For things to stay this wat DXY should stay below 96.90-97.00. Gold is on a key pivot that determines whether it rallies about another $90 from here or falls the same amount. Do not want to get caught on wrong side if Dollar stages a miraculous rally from here so am using a stop on DXY at 97.01 to close out Dollar shorts v Euro and Gold long if struck.