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Assessments / Blog 2017-12-15 Crypto News BITCOIN After Yesterday’s low at $15852 bitcoin is up trading around $17000 presently. Our proprietary pattern projection tool points to an immediate target of $18258 and the longer term projection comes in at $26922. Expect a pullback after the first target is met. VERGE (XVG) After rising from the 0.00000055 level on the 13th, XVG went to a high of 0.00000125 Yesterday (0.00000123, Yesterday on Bittrex, a gain of 227%), before profit taking emerged which forced a pullback. Currently trading around the 0.00000100 level with volume that skyrocketed over the last two days, it looks like a good level to get involved. Our first target with our proprietary pattern tool points toward 0.00000138 (38% from the current levels). ELECTRONEUM (ETN) Only available at Cryptopia (https://www.cryptopia.co.nz), ETN is also at good levels currently trading around 0.00000414 after a high of 0.00000820 on the 9th. Very high volumes traded for the past two days and the current pullback can be a good opportunity to get involved. Our immediate target is at the 0.00001000 level. RISK DISCLOSURE: The information delivered here is for educational purposes only and is not intended to be a recommendation to purchase or sell any of the stocks, futures or other securities referenced. All references are for illustrative purposes only and are not considered endorsed or recommended for purchase or sale by MC Trading. Trading Forex, Stocks and Options, Futures and any Commodity or ETF contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results and no representation is being made that any account will or is likely to achieve profits or losses similar to those shown. MCTrading has taken reasonable measures to ensure the accuracy of the information contained herein and on this website, however MCTrading does not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or from an inability to access such information or any delay in or failure of the transmission or receipt of any instruction or notification in connection therewith. |