Monfex

Monfex Updated 

Hi, traders! Here is a brief update on Bitcoin trend analysis and pattern analysis to identify the future direction of the market price. Certainly, both technical analysis and chart patterns analysis indicate that the Bitcoin price is trending upwards. We’ve seen a mild correction downwards over the past few days, which seems to be ended, and the market is...

Monfex Updated 

Hi, everybody! This is a brief update to our last trade signal published on June 10 (and updated on June 13). The signal has been highly accurate both in terms of trend direction and the timing of market entry. As shown in those ideas, I’ve recommended buying at $7,900 on June 10 . By now, that recommendation generated +18% in unrealized profits ...

Monfex Updated 

Hi, traders The primary question Bitcoin traders are asking themselves today is: Whether the market is experiencing a short-term correction or the outright trend reversal downwards? The answer to that question is essential. Each of those two scenarios is possible and cannot be ruled out at this point. In this analysis, I'll try to understand, which scenario...

Monfex Updated 

What’s up, traders! There are strong signals, confirmed by technical analysis and chart patterns, that a new cycle of an upwards trend has begun on BTC/USD ! . As a result, it's highly probable that the short-term downwards retracement has ended. If you’re holding any short positions on BTC/USD, I'd recommend closing them and reversing into a net long...

Monfex

Hey traders, A major question I’m asking myself today, as a trader, is: - Is the Bitcoin market experiencing a deep correction now and a strong upward trend is going to continue ? or - Has the Bitcoin market begun the trend reversal downwards ? The answer to this question is important and defines the trading strategy that needs to be applied to generate...

Monfex

Hello, traders! The short-run correction downwards has finished and we’re seeing the continuation of a medium-term trend upwards . Yesterday, the Bitcoin price has broken through a significant resistance level at $8,500 , and, as a result, the price has gained strong momentum . The analysis of trendlines and different chart patterns indicates that the next...

Monfex

Hey, traders! It’s common knowledge that you should buy low and sell high… but it’s often hard to tell when exactly those lows and highs are. Sometimes, however, those signals are pretty clear. I’ve been talking about Bitcoin’s rise to $11,500 for a few weeks now, and so far, my ideas have been holding up. (Want to test them? Just hit play.) The current...

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Hello, traders! Now is a great time of opportunity for traders and investors. And why am I saying this? That’s because today we’re seeing one of the strongest trends in the history of Bitcoin as a cryptocurrency. The price has increased by 100% year-to-date , and by 50.3% (at its peak) just for the last month. Most importantly, we have a reasonable...

Monfex

Hey traders! Today we’re going to analyze the technical situation around the Bitcoin’s upward trend . In particular, we will interpret the SIGNALS being generated by the primary technical indicators and will identify the next price target for Bitcoin . Interested? Continue reading this analysis from Monfex, a revolutionary cryptocurrency exchange, and you’ll...

Monfex

Hey traders, Today I want to share with you my vision of the TOP-3 drivers of a strong Bitcoin trend UP . Continue reading and you'll find out: - Why Bitcoin price is gaining strong momentum upwards, and - Why $11,500 is a highly-probable price target for the next month (+44%). But, first and foremost, here is an active trade signal : TRADE SIGNAL - Buy...

Monfex Updated 

Hey, traders, Bitcoin’s long bear market may finally be over, as the price surged above $7,000 for the first time in nine months. The price surge has negated nearly 25% of losses incurred since December 2018 and could signal a continuing bullish trend. The first signs of the price hike could be seen last Friday, starting with almost uninterrupted positive...

Monfex Updated 

Hello, traders! Have you seen this insane Bitcoin rally to $7,500 ?! The price has gained +20% in a single week. What’s next? In this Idea Monfex Research provides an expert technical analysis, plus an active trading strategy and a trade signal. Enjoy reading this idea, and you’ll get exact instructions on how to trade Bitcoin and make profitable deals!...

Monfex Updated 

Hello, traders! Here is an expert technical analysis for Bitcoin prepared by Monfex Research . We evaluate the current market trend and interpret existing chart patterns and technical indicators, PLUS we provide an active trading strategy with a trade signal . Enjoy reading this trade idea, and you’ll get exact instructions on how to trade Bitcoin and...

Monfex Updated 

Hello, traders! Here is an expert technical analysis for BTC/USD prepared by Monfex Research. We evaluate current market trend and interpret existing chart patterns and technical indicators, PLUS provide an active trading strategy and trade signals! Enjoy reading this trade idea, and you’ll get exact instructions on how to trade Bitcoin and make profitable...

Monfex Updated 

Hey, Monfex traders! In this trade idea, we would like to share with you our best thoughts on where Bitcoin might go during the week ahead, based on our latest technical analysis! So, without further ado, let’s get straight to the Best Trade Idea for the week ahead by Monfex! All the major trend indicators signal that the BTC/USD price is growing. The trend...

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Hey, traders, That’s the question Coca-cola, one of the world’s largest beverage manufacturers, is asking as it pivots away from its traditional fizzy soft drinks into other niches. After beating expectations of 46 cents earnings per share with 48 cents , KO stock jumped 3%, finally shattering a flat line for the entire year. A lot of that has to do with Coke’s...

Monfex

Hey, Monfex traders! So Much For Free Trade… US President Donald Trump is at it again, this time threatening to impose punitive tariffs on the European Union because of...a motorcycle company? Trump, who had earlier advocated for a boycott of Harley-Davidson , seems to have forgotten all his previous criticisms amid a 27% drop in the company’s Q1 earnings....

Monfex

Twitter stock rallied to a 2019 high in Tuesday's pre-market after beating first quarter estimates. The company has exceeded its quarterly earnings per share (EPS) estimates by 22 cents and its revenue expectations by 1.5% at $787 million. After Twitter reported its bullish metrics, the stock jumped more than 18% and pulled back, settling at the +15.64% at the...