Technical analysis course bitcoin: BTC/USD 20.10.2018

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Good evening, dear friends!

Let’s start with interesting news:

“The exchange Huobi has released stablein for a fee free conversion between PAX, TUSD, GUSD and USDC. Singapore crypto currency exchange Huobi will allow users to easily switch between hosted stablename through HUSD”. Tynts.

It seems that the domination of the Tether on the market comes to an end. In General, the theme was cool. Guys stupidly started my machine for the production of money and several years remained out of competition. But as they say, all good things must end…Yes

After Huobi will catch up and the rest of the time. By the way, please note that among these stabilio no USDT.

In the market, which is not a surprise, silence. The middle Keltner channel and shelf $6 450 was not tough buyers. Yes, there is an accumulation, but traders in growth from the current position do not believe, so the decline continues. I think the coming days will go to test support at $6 250. Ahead of the weekend, so any special events in the market do not wait.

I wish you all a good weekend and profitable trades!

 

Author: Alexlucky

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