JOIN OUR MAILING LIST
Newsletter / Blog
As at the time of this writing BTCUSD was trading at $12975 on the Coinbase exchange and made a substantial pullback from its recent highs. As mentioned on the 28th as long as the $11500 level holds, we believe it will find demand to at least the $17000 mark in the shorter/medium term. Our longer term projections come in at $21800 and $24000.
Verge (XVG) has done well from its recent pullback to 0.0000765 and made a recent high at 0.00001977 and is currently trading at 0.00001585 looking strong.
BitBay (BAY) looks like it can push higher again after a pullback from the high at 0.00001966. It is currently consolidating around the 0.00001250 level. We are looking at an opportunity to get on board. Our first target sits at 0.00001974 and our second target come in at 0.00002401.
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 Cryptocurrency, 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.
|Back||Back to top|