Bitcoin and Ethereum Price Forecast – BTC Prices Stay Weak

The BTC prices have been floundering over the weekend and it has been the ETH market that has been the focus of attention and the focus of selling so far in the market. The BTC market has also been suffering but it has been able to survive fairly better when compared to the ETH market that seems to have borne the brunt of the latest round of selling. The BTC prices continue to hover around the $6300 region as of this writing and this is in the middle of the range that we have been seeing in the markets over the last few months. It is apparent that the retail traders are beginning to lose interest over the fact that the market has not been giving them the liquidity and the volatility that we had seen over last year and this has certainly put off the day traders and the speculators.

BTC Prices Still in a Range

This has affected the markets even more as it has led to the drying up of the liquidity and the volatility even more in due course of time. We will have to wait and see how the price action pans out in the short term and the bulls would be hoping that they would be able to keep the prices higher and in a buoyant manner so that the traders and the investors would continue to be invested into the market. If not, it is only going to increase the speed of the fall and this could place the entire crypto market into jeopardy, which is something that the traders and the investors would not want.

Bitcoin 4H
Bitcoin 4H

The ETH prices have also been suffering during this period and we saw the prices dip below the $200 region for a sustained amount of time over the weekend showing the weakness in this market. The ETH market has been losing its value pretty fast and it risks losing its No. 2 position over the coming months with various other coins and blockchains jostling for space and attention.

Get Into Cryptocurrency Trading Today

Forecast

Looking ahead to the rest of the day, we do not expect anything to happen that would reverse the fall that we have been seeing. Expect more of such weakness and more of liquidity issues as time goes on with no end in sight to the weak consolidation and ranging that we have been seeing in the markets over the last few months.

FXTM Ebooks: Unlock the Secrets of Bearish Strategies with Japanese Candlesticks

For any trader entering the world of forex, choosing a technical analysis tool can be overwhelming. Support and resistance, Fibonacci retracement tools, Bollinger bands – it’s difficult to decide on the right tool without a good and comprehensive education. That’s where FXTM’s informative Ebooks come in.

With the latest guide to Japanese Candlesticks, written by established FX educator Andreas Thalassinos, you can discover one of the most popular price charting methods that traders use in order to combine technical tools to interpret market sentiment. The ‘Bearish Japanese Candlesticks & Strategies’ Ebook helps traders of all experience levels discover the intricacies of candlestick charting and patterns, while helping you learn strategies that have the potential to bolster your trading experience.

What are Japanese Candlesticks?

Japanese Candlesticks are thought to have originated in the 18th century, and are now a vital part of most traders’ toolkits. Traders around the world use them to decipher the price action of the instrument they’re trading within a particular timeframe. They can be applied in small timeframes and longer timeframes, from five minutes to any other time period.

Consisting of box-like bodies that can be white (‘hollow’) or black (‘filled’), and lines that extend below and above the bodies called ‘wicks’ or ‘shadows’, candlesticks are perhaps the most popular way traders choose to read price because they reveal the relationship between the open, close, high and low of price movements in the simplest way. When a trader learns how to read candlestick patterns, a clearer picture of the markets is revealed.

What are bearish and bullish trends?

Bearish and bullish are essential terminology for understanding the markets. Knowing what the terms mean, and – most importantly – how to identify them, is integral to planning when to enter or exit the markets.

Bearish trends are downward trends in the market, which signal a descending path for the particular financial instrument.

Bullish trends are the opposite: they mark a rise in the markets, showing an upward path for the instrument in question.

How can Japanese Candlesticks benefit traders?

By understanding the age-old art of Japanese Candlesticks, traders can recognise important Candlestick patterns and make informed assumptions about the markets. Certain shapes and combinations of candlesticks can signal crucial shifts in market sentiment, and help investors make the right move at the right time. They can suggest whether buyers or sellers are in control of the markets, whether there’s indecision or struggle, and whether buyers or sellers are weakening.

Identifying a bearish trend is an excellent way to make educated decisions using your trading strategy or timing your entry into the markets. Once you’ve learnt how to read these kinds of patterns on candlestick charts, it may help you make strategic decisions and plan your next move better.

FXTM’s Bearish Japanese Candlesticks & Strategies Ebook

FXTM’s Head of Education, Andreas Thalassinos, has delivered an insight-packed Ebook that focusses on Bearish Japanese Candlesticks and the useful strategies that come along with them, for traders of all ability levels. Mr Thalassinos is highly praised around the world for his exceptional educational work, and his Ebooks are packed with sage trading insights.

Having developed hundreds of automated systems, indicators and trading tools himself, Andreas Thalassinos is the perfect guide to help you navigate the intricacies of Japanese Candlesticks. This Ebook covers:

  • The value of reading and using candlestick patterns for traders
  • Integration of candlestick charting into trading strategies
  • Visual examples of charts and formations
  • And much more!

Download Bearish Japanese Candlesticks & Strategies E-book and get vital insights into one of the fascinating charting methods today.

Want to learn more about how FXTM can prepare you to take on the markets? Bookmark the FXTM Academy page to stay up-to-date.

Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.

FXTM brand is authorized and regulated in various jurisdictions. ForexTime Limited (www.forextime.com/eu) is regulated by the Cyprus Securities and Exchange Commission with CIF license number 185/12, licensed by the Financial Sector Conduct Authority (FSCA) of South Africa, with FSP No. 46614. The company is also registered with the Financial Conduct Authority of the UK with number 600475. FT Global Limited (www.forextime.com) is regulated by the International Financial Services Commission of Belize with License numbers IFSC/60/345/TS and IFSC/60/345/APM. Forextime UK Limited is authorised and regulated by the Financial Conduct Authority, firm reference number 777911

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 89 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

 

 

КРИПТОТОРГОВЛЯ С LIBERTEX

Зарегистрируйстя уже сегодня и начни торговать!

Криптовалюты – одни из самых интересных торговых активов на рынке. Цены на них растут очень быстро, а значит, люди стремятся покупать или майнить их. Оба варианта – сложные и дорогие. Платформа Libertex предлагает вам возможность экономически эффективно торговать криптовалютами, при этом даже не приобретая их! Это возможно благодаря тому, что Libertex предлагает торговлю CFD для обширного списка криптовалют, таких как Bitcoin,Litecoin, Bitcoin Cash, и еще более 200 других торговых инструментов, начиная всего с $100.

Среди этих +200 инструментов также имеются CFD на акции, индексы, валютные пары, металлы и энергетические ресурсы, и все это без каких либо скрытых комиссий. Регистрация – моментальная и обеспечивает доступ к личному кабинету с мобильного или стационарного устройства любого типа.

Зарегистрируйстя уже сегодня и начни торговать!

TRADER VERTRAUEN LIBERTEX ERFAHREN SIE WARUM

Klicken Sie hier,, um sich zu registrieren und den Handel heute zu starten!

Hier sind einige Neuigkeiten, die Sie vielleicht betreffen!

Die zyprische Finanzaufsichtsbehörde CySEC kündigte an, dass ab August 2018 die Hebelwirkung beim CFD- und Forex-Handel auf das 30-fache für wichtige Forex-Paare und noch weniger für andere Paare, Rohstoffe, Indizes, Aktien-CFDs und Krypto-Währungen begrenzt sein wird

Diese neuen Regeln gelten sowohl für Kunden innerhalb der Eu als auch für Kunden von außerhalb der EU, die bei EU-regulierten Brokern Einzahlungen tätigen und handeln.

Wenn Sie ein Trader sind oder einer werden möchten – empfehlen wir Ihnen eine der führenden CFD-Handelsplattformen – Libertex. Diese Plattform bietet einen einfachen Handel mit einer benutzerfreundlichen Oberfläche und Marktanalysen, plus einer hervorragenden Sicherheit. Sie können von jedem Gerät aus handeln, mit dem Gewinner des “Beste Trading App 2017″Award. Sie können außerdem Tools wie den Multiplikator, um Ihre Anlagebeträge zu erhöhen, oder Stop-Loss, um Ihre Investition zu kontrollieren, nutzen.

Tätig seit 1997, bietet Libertex mehr als 200 Instrumente, inklusive CFD-Handel auf Währungen, Rohstoffe, Indizes, Kryptowährungen und vieles mehr.

Klicken Sie hier,, um sich zu registrieren und den Handel heute zu starten!

TRADERS TRUST LIBERTEX, FIND OUT WHY

Click here to register and start trading today!

Here are some news that might affect you!

Cyprus financial regulator CySEC announced that starting from August 2018 there will be limited leverage on CFD and Forex trading to 30x for major Forex pairs and even less on other pairs, commodities, indices, share CFDs and cryptocurrencies

These new rules will apply both to clients within the EU, and clients from outside the EU who deposit and trade with the EU-licensed brokers.

If you are a trader or want to become one – we suggest you try one of the leading CFD trading platforms – Libertex. This platform offers simple trading with user-friendly interface and market analysis, plus great security. You can trade from any device with the winner of the “Best trading app of 2017”award. You can also use tools like the multiplier to up-your stakes and stop-loss to control your investment.

Operating since 1997, Libertex now offers more than 200 instruments including CFD trading of currencies, commodities, indices, cryptocurrencies and much more.

Click here to register and start trading today!

How to Trade Stocks Like the Greatest Investors in History

While we can’t guarantee that following any of the strategies listed below will get you a strong return, studying the masters is certainly a good idea when it comes to improving your own stock trading.

Below are profiled just a handful of investors, picked because their styles are all different. There are many other hugely successful investors whose strategies fall somewhere between those outlined here.

Remember: the strategies outlined here are listed for educational purposes only and are not to be considered investment advice. You must choose how to trade stocks in a way that best suits your circumstances and experience and only with a regulated Broker.

Benjamin Graham

No list of classic investors would be complete without Benjamin Graham, who is widely considered the father of security analysis and value investing.

His book The Intelligent Investor is considered one of the greatest books on investing of all time.

Graham’s approach, as you might expect from the founder of value investing, was to find stocks whose prices much lower than the underlying fundamentals of the issuing company suggested they should be. He would look closely at a company’s books, finding those with strong balance sheets, above-average profit, solid cash flow, or little debt.

He identified stocks that were undervalued given the strength of the company to which they belonged and profited when the wider market cottoned on. You can easily do the same kind of analysis as Graham in order to find overlooked stocks.

Warren Buffett

Warren Buffett is a disciple of Benjamin Graham, so much of his investment strategy is the same.

A particularly interesting part of Buffett’s investment strategy that warrants mentioning it is ‘circle of competence’. Buffett only invests in companies that he has a very strong understanding of. Everyone has a circle of competence – it is what you have a wealth of knowledge about. Your circle doesn’t have to be very big, and it can grow over time as you acquire new skills and expertise.

Put simply, if you have a strong interest in cars, it makes more sense to invest in General Motors than it does BNP Paribas.

No matter how attractive a certain stock may be at any given moment, Buffett will not invest in it unless it falls within his circle.

Philip Fisher

Philip Fisher is perhaps the best-known of the buy-and-hold investors. His book Common Stocks and Uncommon Profits was the first investment book to become a New York Times bestseller, and his wisdom holds true today.

Fisher was a growth investor, who believed in carefully researching the fundamentals of a company to identify potential for growth and sticking with the stock through thick and thin. He bought Motorola shares in 1955 and famously still held them when he died in 2004. His approach to investing was incredibly intensive and involved questioning numerous people related to the company and industry in which he was considering purchasing stock.

He believed in the quality of a company’s management was one of the greatest assets a business could have, and would not buy stock in a company with a poor or mediocre management team.

While this approach is likely to be too much effort for all but the most hard-core traders, there are still plenty of ways his approach can still be applied today.

Fisher held some contrarian views to the wider markets. For instance, he did not like stocks that paid dividends, as in his mind this was capital that could be better used to fuel growth. He also knew that a company may have a low operating profit because it was committed to growth, rather than because its sales were poor.

John Templeton

John Templeton is known as one of the world’s greatest contrarian investors, meaning he often went against the market, sometimes buying stocks that no other investor would dare touch. For example, when other investors started selling stocks heavily at the outbreak of the Second World War, Templeton borrowed money in order to take positions in over a hundred US companies. Out of all the shares he bought, only four companies failed to return him a profit.

He later avoided tech stocks altogether during the boom of the late 90s, instead of buying into commodities, and was rewarded with handsome profits when Asian markets recovered and commodity demand picked up, while those who had bought tech stocks famously lost out when the Dotcom Bubble burst.

In 1939 Templeton spent $10,400 buying $100 worth of every stock trading below $1 per share in the New York and American stock exchanges. An amazing 34 of these companies were bankrupt at the time he purchased their shares, yet after four years he sold the whole lot for nearly quadruple his initial capital outlay.

Templeton’s investment style was to focus on value stocks, similar to Benjamin Graham, except that he pushed this further, seeking out stocks that had been deliberately neglected by the markets rather than simply overlooked. Often this was because the companies were sending out distress signals, such as bankruptcy.

If you want to be a contrarian you must know what you’re doing. It’s no use just going against the market for the sake of it; you need an understanding of what is driving the markets, and a good argument for why you think other investors are wrong in the way that they are stock trading.

Peter Lynch

One of the most successful fund managers of his time, Lynch has been described by many as a ‘chameleon’, as he never had a fixed investment style, but adapted his strategy depending upon what worked at the time.

Although at first glance it may seem like his strategy was therefore to have no strategy, he still stuck to his areas of expertise, and never got involved in something he didn’t understand. That latter point is important, as a lack of understanding is one of the key reasons why inexperienced investors often lose big money when they first start trading.

It may be that one of these investment styles already resonates with you. Some of these investors adhered firmly to one style of investment, such as Benjamin Graham who was staunchly a value investor, while others had a more mixed approach, or no fixed approach at all, like Peter Lynch.

Having an investment philosophy comes down to how you view the stock market, what you believe about the way businesses and the economy work, and whether you like risk or try to avoid it.

The strategies here are only presented as information and inspiration, and may not necessarily be right for your circumstances. There are still many good nuggets of wisdom to be found, even in strategies that go against your own personal approach or preferences.

FXPRIMUS Announces the World Cup Giveaway Online Game

Don’t miss this opportunity to enter each week’s prize draw. Entering the free contest is easy and fun and can be done simply by visiting www.worldcupgiveaway.com. Score up to 10 goals per day plus receive additional goals by sharing the promotion on social media and emailing friends.  Weekly cash winners will be announced with the grand prize of $5000 cash happening during the championship week of the World Cup.

Vince De Castro, CMO of FXPRIMUS commented: “We are excited to be launching this promotion and combine the excitement of such a global event and reward our loyal customers at the same time. FXPRIMUS values its customers and believes in creating a real sense of community.”

About FXPRIMUS

FXPRIMUS is globally acclaimed for offering one of the most secure online trading environments available anywhere in the forex industry. The company enables clients of all experience levels to trade multiple instruments including forex, commodities, energies, and indices, via a range of advanced web and mobile trading platforms. Lightning quick execution via state-of-the-art execution systems worldwide combines to create a seamlessly efficient trading environment. Client funds are protected via a client fund insurance for up to 2.5EUR million, plus 3rd party overseeing of client funds by Boudica Client Trust. See more on FXPrimus Website.

Contact: support@fxprimus.com

ETH/Euro Trading Pair is Becoming A Darling Among Cryptocurrency Traders

Cryptocurrencies are gradually becoming a key part of the global economic and financial landscapes. Bitcoin, the first cryptocurrency application of blockchain technology has opened the proverbial Pandora’s box on the incredible benefits of cryptocurrencies over traditional fiat currencies. Interestingly, cryptocurrencies can’t readily break down the trust and skepticism barrier prevalent in the mass-market about non-fiat currencies. Hence, there needs to be a way for seamless cross-transactions between fiat and cryptocurrencies to activate mass-market adoption.

The Euro is the second most popular reserve currency in the world and by far the most widely used currency in Europe because of its position as the official currency of the Eurozone and the European Union. 19 out of the 28-member nations of the European Union use the Euro as the legal tender and 11 countries have their currencies pegged to the Euro. This piece looks at developments in the ETH/EUR trading space as cryptocurrencies continue to take center stage in global economics.

Meet the ETH/EUR Pair

Many crypto traders and investors are familiar with the ETH/USD pair, but ETH/EUR pair for trading Ethereum with Euro is fast becoming a trending trading method. Ethereum currently trades around €514.80 with a 24-hour trading volume of €849,375,036, and its market cap is around €51,399,912,054.

ETH/EUR Chart
ETH/EUR Chart

The chart above shows the ETH/EUR price chart performance over the last 30 days. Ethereum is down 13% in the last 30 days, down, 13% in the last 14 days, down 3.1% in the last 7 days, and it has managed to climb 0.7% within the last 24 hours.

A strategic move to enhance the mass market adoption of Ethereum

The arrival of ETH/EUR trading pair is a welcome development in the crypto market – many exchanges only provide support to trade the ETH/USD pair without taking cognizance of the strategic importance of the Euro to the global economy.

Prior to the arrival of the ETH/EUR pair, cryptocurrency traders and investors in Europe often need to go through a laboriously long and slightly expensive route to include ETH in their portfolio. They’ll first need to trade their EUR for USD before they can then buy ETH; when selling, they’ll need to first sell the ETH for USD, and then convert the USD back to their native EUR. In other instance, traders might need to first use their EUR to purchase BTC before they can now buy ETH with the BTC. The creation of the ETH/EUR trading pair makes it easy for new and seasoned traders to increase their Euro-denominated exposure in the cryptocurrency industry.

Crypto trading is becoming more attractive than fiat trading

Foreign exchange trading is the traditional method of profiting from the difference in the exchange rates of fiat currencies as economic tides flow and ebb. The debut of cryptocurrencies as digital alternatives that could retire fiat currencies has birthed a thriving market for cryptocurrency trading.

Cryptocurrency trading is gradually shaping up to be a more exciting and rewarding experience.  For one, the cryptocurrency market is opened 24/7/365 just like the foreign exchange markets. However, beyond the apparent similarities; cryptocurrency trading is more attractive to traders.

To begin with, cryptocurrencies are inherently more volatile than traditional fiat currencies – traders worthy of the name know that volatility should be embraced rather than avoided in a trading venture. In 2017, Ethereum delivered impressive 8,678% gain from $8.24 all the way to $723.38. In the year-to-date period, Ethereum is trading at a 22% discount to its trading price at the start of the year. Yet, the fact that prices can easily soar 10%, 20% or more in any direction continues to enhance market interest in the ETH/EUR pair.

For those looking to trade the ETH/EUR pair, eToro provides cryptocurrencies CFD’s through a user-friendly platform.

eToro Announces Expansion Plans

Global investment platform eToro has today announced plans to expand its cryptocurrency capabilities and subject to regulatory approvals will launch an exchange and a digital wallet. eToro will also bring its cryptocurrency offering to the United States, launching the platform to U.S. customers later this year under the leadership of the newly appointed U.S. Managing Director Guy Hirsch.

Yoni Assia, Co-founder, and CEO of eToro, said: “We believe that in the future all assets will become digitized. This will help to open the markets to everyone and enable them to invest in the assets they want in a simple and transparent way. Crypto is the first step on this journey and we are excited to share our plans to launch an exchange and wallet.”

The announcements made today at Consensus 2018 in New York, follow the news in March that eToro had completed its Series E funding round, raising $100m USD to accelerate its global expansion and the development of blockchain technology to support the digitization of assets. The platform enables people to invest in the assets they want to own from cryptocurrencies though to traditional assets such as commodities.

Yoni Assia commented: “An exchange and wallet are important additions to our crypto offering and we know that both have been eagerly anticipated by our customers.”

eToro currently offers ten cryptocurrencies (Bitcoin, Ethereum, Bitcoin Cash, XRP, Litecoin, Ethereum Classic, Dash, Stellar, NEO, and EOS) with plans to add more coins over the coming months. eToro’s cryptocurrency to cryptocurrency exchange will launch later this year enabling customers to trade coins.

The wallet will be launched as a phased rollout with select customers participating in beta testing to ensure that eToro provides an app which best meets its customers’ needs. The wallet app will be available to download on the App Store and Play Store and will work across multiple platforms and in multiple languages. It will enable users to hold multiple cryptocurrencies and tokens.

Since launching in 2007, eToro has built a global community of more than ten million investors across 140 countries. Guy Hirsch has been appointed US Managing Director responsible for bringing eToro’s cryptocurrency offering to the United States. Guy previously served as Director of Innovation Strategy at Samsung and has extensive experience in digital transformation and unified commerce.

Guy Hirsch, USA Managing Director, eToro, said: “eToro empowers investors with a platform that gives them access to the assets they want, shared knowledge and ease of transaction. We know that there is a strong demand in the U.S. for crypto and we are excited to be able to offer U.S. investors the opportunity to learn about and invest across multiple cryptocurrencies.”

eToro will offer U.S. investors three ways to access the crypto markets: manually invest in a coin, automatically copy the trades of other traders on the platform to benefit from their knowledge and investment expertise, or invest in a Crypto CopyFund which provides a diversified portfolio of major crypto assets.

From today, U.S. investors can visit eToro.com to join the waiting list ahead of the launch of the U.S. platform later this year.

Stock investing with eToro

As of 1st May 2018, eToro‘s clients can now construct a single portfolio to hold stocks from across global markets alongside cryptocurrencies, ETFs, Copyportfolios, and many other financial assets.

Clients will be able to:

  • Buy stocks without paying any ticket or management fees
  • Get competitive and transparent pricing – just 0.09% per side
  • Gain access to 1000+ stocks from European, Asian, and US markets
  • Apply leverage or open a short position to trade stocks via CFDs
  • Receive dividends to your balance whenever issued
  • Purchase stocks in bulk or buy just a fraction of a stock
  • Enjoy instant execution & settlement at a fixed price
  • Copy hundreds of Popular Investors and match their performance in the markets
  • PLUS as an introductory offer, investors in UK stocks will not pay stamp duty

Yoni Assia, eToro founder and CEO, comments: “Now, for the first time, investors can hold stocks, cryptocurrencies, ETFs and thousands of other financial assets in one portfolio.  Over the years, we’ve been gradually expanding our offering by integrating more and more tradable assets, and stocks are an important part of this growth.”

Buy stocks on eToro in just 3 steps

etoro 1

Step 1: Go to any stock’s page and click on the TRADE button. A popup will appear with different parameters that can be changed. Open a BUY (long) position with x1 leverage.

N.B. shorting or applying leverage will result in a CFD trade.

etoro 2

Step 2: Input the dollar amount you wish to invest and set your stop loss and take profit orders. You have the option to remove the stop loss and take profit restrictions if you wish.

etoro 3

Step 3: Once you are satisfied with your settings, click OPEN TRADE. A popup will appear confirming your trade has been opened, and you will be able to see your newly invested stock in your eToro portfolio.

FAQ

What fees will I pay when buying stocks without leverage?

You will be charged one fee for spreads only. There are no ticket fees, no management fees, no rollover fees. Additionally, as an introductory offer, investors in UK stocks will benefit from eToro absorbing the cost of stamp duty. For more information on pricing, please visit our Market Hours & Fees page. 

Are copied trades stocks with underlying assets or CFDs?

Every non-leveraged BUY order will result in the purchase of the underlying asset (the stock) which will be held under the client’s account. This is also true, where applicable when customers invest in a CopyFund or copy a trader. If the copied trader buys the stock with the underlying asset, the copiers also buy the stock (unless they reside in one of the excluded countries – see list below).

Is stock trading available in my country?

As of 1st May 2018, all countries will be able to trade stocks EXCEPT for:
Afghanistan
Angola
Australia
Belarus
Macedonia
Iraq
Liberia
Libya
Nauru
New Zealand
Nigeria
Sierra Leone
Zimbabwe
Cote d’Ivoire
Congo
Congo Republic
Myanmar

What is a W-8BEN form and why do I need one?

In order to make trading and owning US stocks possible, you will need to sign the W8BEN form stating that you are not a US citizen nor do you pay taxes to the US government. This request will appear automatically on the platform.