Forum on trading, automated trading systems and testing trading strategies
Sergey Golubev, 2018.02.07 11:06
Crypto News - Regulators May Need More Power To Control Bitcoin (based on the article)
Intra-day BTC/USD price is on bearish area of the chart located below 100-SMA/200-SMA reversal levels: the price is testing 6,854 level to below for the bearish breakdown to be resumed.
"Senate Banking Committee Chair Mike Crapo said today Congress may need to give the Securities and Exchange Commission and other financial regulators more power and clarity to regulate Bitcoin and other virtual currencies. He said the risks of investing in ICOs and cryptocurrencies are significant because many promoters are not complying with US securities laws and because investors who put money into them may have their money could be sent overseas without their knowledge. Another risk to investors, said the regulator, is the SEC and state securities regulators may not be able to effectively pursue the overseas bad actors in the products."
The chart was made on D1 timeframe with standard indicators of Metatrader 5 except the following indicators (free to download):
Sergey Golubev, 2018.02.07 14:41
Crypto News - "Bitcoin Is A Bubble, Ponzi, And Disaster" (based on the article)
Intra-day H4 price is on secondary correction within the primary bearish trading condition: the price is crossing 7,946 resistance level to above for the correction to be continuing. By the way, if the price breaks 10,511 resistance level so the bullish reversal will be started. If the price breaks 6,692 support level to below so the intra-day bearish market condition will be resumed with 5,897 nearest target to re-enter,
Chart was made on MT5 with BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:
All about BrainTrading system for MT5:
Sergey Golubev, 2018.02.08 08:42
Crypto News - ban gambling using cryptocurrency in Australia (based on the article)
Ethereum/USD daily price is on the secondary correction within the primary bullish market condition: the price is on ranging near and above Senkou Span line support level at 546 to broken to below for the primary bearish reversal to be started.
Sergey Golubev, 2018.02.08 12:46
Crypto News - "Most Crypto Coins Are Going to Zero" (based on the article)
Sergey Golubev, 2018.02.10 08:08
Crypto News - The first meeting of the G20's Digital Economy Task Force (based on the article)
Ripple daily price broke Ichimoku cloud to be reversed to the bearish market condition: the price is testing 0.54 support level to below for the bearish trend to be continuing.
Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:
Same system for MT4:
Sergey Golubev, 2018.02.12 12:28
Crypto News - daily secondary rally within the primary bearish market condition to be started (based on the article)
The chart was made on D1 timeframe with Ichimoku market condition setup (MT5) from this post (free to download for indicators and template) as well as the following indicator from CodeBase:
Sergey Golubev, 2018.02.13 06:56
Crypto News - Litecoin daily rally to the bullish reversal (based on the article)
Charts were made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:
Same systems for MT4/MT5:
Sergey Golubev, 2018.02.13 06:48
Crypto News - Ethereum remains the strongest (based on the article)
Sergey Golubev, 2018.02.13 06:46
Crypto News - daily bearish ranging near bullish reversal (based on the article)