Daily Weekly Market Review for Week October 7. On Bitcoin and Index.

Note:”80.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money”

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News source: CNBC.COM

8th October. Market Review.

For Bitcoin, Indexes on DAX German 30 counter and Dow Jones 30

Straight to the point review.
The EU has sent a questionnaire 999 Facebook and the Libra Association seeking clarification about their proposed digital currency called libra, according to CNBC Monday.
The Libra Association welcomes this public policy dialogue and multi-stakeholder process that will help unleash economic and social potential of digital currencies,” said Dante Disparte, Head of Policy and Communications for the Libra Association, in a statement Monday.
The Libra Association maintains its goal is to create a low-cost, fast payments network that can “empower billions of financial underserved people.”

The 27 founding members of the association, which includes Facebook as well as other tech firms like Uber and Spotify, are scheduled to meet next week in Geneva, Switzerland.

Despite PayPal announced Friday it was withdrawing from the project.

So whats the deal everyone where cryptocurrencies heading this week.

According to the weekly chart screenshot from my etoro account. The weekly have posted a double bottom base on last week close.

So what this mean? This shows the price will make correction.

But to which level?

Below chart indicate that she will correct between 9077 level and 9618 level before she confirm her next trend.

Daily movement base on October 7th.

Last night close is beautiful. Candlestick posted a indecision pattern.

Which shows we may long blind folded. But which point?

Within 8217 and below is the good buying point.

“Always be cautious of buying at too high and prevent from the spread apart when closing out”.


European stocks cautious as traders await US-China talks; Qiagen plunges 17% after sales miss,

Hong Kong turmoil could cast a ‘shadow’ over China-US trade talks, experts say; according to CNBC.

What is our prediction ahead of all these speculation?

Let look at Dax. German 30 index.

Daily close the candle posted a indecision pattern. Is a positive signal.

But what is the best price to buy? Is between 12025 and 11971. From the day chart. Dax have a unfinish previous day bear inverted. So you will be seeing the price will retrace and break level 11971 before come back up for today and for the rest of th week.

This fall might happen before the US market open or the trade talk.

From the weekly US Dow chart prediction the talk looks negative, and might affect European counter and Dax price to retrace back to 11848 level.

Always be cautious and place a stop order below buying point.


The Dow Jones 30 index weekly is very negative and the Trade talk might not be promissing.

But fall to what price?

The price will fall back to 26000 level and decide her next trend. But then she will not happen today. Maybe mid week.

The day chart for DJ 30 posted a hammer but more to a long inverted and previous chart is a indecision.

Today we will see she move up a little to 26650.

And price might fall according to a unfinish bear inverted candle posted 2 bars away or last Thursday bar.

Overall this week the market is bear.

For short position is best to place at around 26650 and above.

Always be cautious and place a stop order within range.

Thank you.

Sangoh Tan

http://cryptoygm.com

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Is China on the Verge of Releasing a Digital Currency?

August 12′ 2019

Source: cryptonews.com

Is China on the Verge of Releasing a Digital Currency?

China’s central bank has revealed details of a plan to issue a blockchain-powered digital fiat – and appears to be assembling a host of resources and personnel to speed up the process.

Per a report from Beijing Business Today (republished by Shina), the deputy director of the People’s Bank of China (PBoC)’s Payment and Settlement Department, Mu Chang Chun, has confirmed that the bank has been working on releasing a digital fiat since 2014, and is now “ready” to roll the currency out.

The newspaper also says it has discovered the central bank is actively recruiting talent and acquiring or investing in blockchain technology firms in the country – perhaps preparing the ground for a forthcoming launch.

So is this fundamental news going to boost up the Altcoin?

Technically it says in her last week close, Bitcoin posted a long inverted and nicely done. This has created space for her to reach 14,000 level.

Most probably you will see the movement pretty soon. We.don”t have to wait till mid-week.

Ofcourse safety measure comes first and don’t forget to place a stop-loss order at the nearest support level.


Whereas looking at the German Index. The G30 or DAX has posted a bear inverted last, but she has a incomplete indecision pattern before last week close and a long inverted before last week; which may result into pushing up the price this week; pretty high.for indexes.

But beware of the last week bear inverted close that may force fall the price before the week closes.

It may close lower then last week if this week the price push above 12,000 level.

We may see a 2 way run pattern. Be cautious and place a stop-order near the support point


Will update soon.

Tangoh


On digital News for your business Add-On. Or may read them at http://inmacore.wordpress.com

News Letter For FFA Member and other Member.

Hello Fellow Netrepreneur.

Thank you for advertising with us and be with us.

In this News Letter we will be sharing with you about AI ChatBot and Botstar

What is ChatBots?

As you notice,

Chat Bots are all over the internet right now.

They have been streadily gaining popularity for a few years already.

Ever since Facebook announced that they will allowing people to create Chat Bots for Facebook Messenger, they have exploded.

We all know, Chat Bots is a computer program that uses artificial intelligence to simulate human conversation.

You may have seen these in actiom when you went to pay a cell phone bill or cable bill or buy something online.

They provide a layer between the customer and service agents, and are often able to clinch a sale or answer a question for a customer without the need for any human contact whatsoever.

They can be extremely beneficial to companies in many ways.

Over the next few days, we are going to take a look at some of the ways chatbots can be used in marketing, and how they can save a lot of our time and money.

You are going to find out some of the different chatbot programs that are available and how to choose the right one for your needs.

If you think chatbot can’t help you, is alright.

Take it as another knowledge , Recap and Rehash and extra Review for you.

In our next few news letter we are going to look at some of the myriad ways that chat bots are useful of and how they might help us on.

So be sure to stay tune and don’t forget to whitelist my email address if you have not; so that you won’t miss a single report about AiBots the BotStar and Chat Bots

Until then.

Sangoh Tan


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Facebook Cryptocurrencies

Image : Libra casts a unique shadow over the crypto space; is it the best of Bitcoin and Tether in one? Here are 10 key takeaways from the whitepaper. | Source: REUTERS / Dado Ruvic
News Source: ccn.com

Best of Bitcoin & Tether Combined? 10

Libra Whitepaper Takeaways.

Facebook’s Libra cryptocurrency whitepaper dropped this week, sending shockwaves through the Bitcoin and altcoin community.

Is Libra the thing that pulls blockchain kicking and screaming into the mainstream, for the benefit of one and all? Or is it the final nail in the coffin of a cryptocurrency experiment just a decade old?

Read More


Ladt week I have executed my long hold position once saw she cross the $9000 level despite knowing she will hit above $10,000.

Weekly posted a reversal patternbut this reversal shows a long inverted too. Correction is not that much and this week will hit the 12,000 level before she goes for a 60% correction

Daily pattern posted a more to a indecision pattern wher the upside space is more than the lower shadow.

She will probably do a small correction before she swing up today.

Be back for more updates


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Tangoh

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BTC Correcting near $7300

Which level is BTC correcting?

From the way she is correcting base on the reason high between $8600 to $9000 the BTC will bounce up near $7400 or befire $7300 that makes up 60% correction.

This might take till probably till mid week according to the weekly chart star formation.

Weekly chart last week red indecision pattern but more to a bear inverted because the leg is longer.

Next week we will expect to see BTC and probabky altcoin to move lower before mid week before bouncing up.

If she go lower first then the price will move even lower the week after next.

If she move higher first and settle lower then we will have a long up side that firms a bull inverted.

Lets see what happen within this 2 day. Lets hope sha move higher a settle lower, so that the week after next we can see some upside surge


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Intrinsic Value

Bitcoin have consolidate for her third day and cited she have form a indecision candlestick patterns, which mean is the end of correction since her 3 days ago green reversal pattern.

Last Friday JPMorganChase strategists wrote in a note that the world’s largest cryptocurrency has surged beyond its “intrinsic value,” mirroring a similar move in 2017 which preceded the industry’s biggest slump.

Since cited the move is about to emerge today, always take precautious and get the right entry point from the hourly chart.

Always place your stop loss order below it.

Today also cited the USD/JPY forms a simillar indecision pattern in her daily chart. Not fogetting the previous green candle that is more to a upside inverted and like a indecision. Very high chance that she will emerge too today.

Hourly is now forming a reversal candlestick pattern and is a buy signal at 4:45pm (HK/SIN)

When this happen wait xx54/57 or for the next confirmation pattern. Because now cited that she is creating more space to move lower further. Additionally she has a double top with the previous candle.

Always be cautious.


Be back for more update.

Happy Trading.

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Today on Candlestick Patterns Reading, Income Stream, Charity Navigator, make money online. We are on Charity Marathon Spillover from top, bottom, left and right. Issue on Money, Make Money and Reward.

(If they don’t do the mlm alike Partnership Fundraising system, how long you want the ill Children to wait).
(Survey shows only 3% human being will donate and won’t ask for reward).

Trader, Newbies or Oldies.
Always follow the calculated time specified xx45 in any hour and don’t trade on other timing as in xx28 minute to xx45 minute.
This are the timing will hold you and difficult to execute and face losses.
Don’t Trade on and before 45 minute during data report event.
Don’t trade 45 miute before and after any exchange open and closing.
Enter any hour, the 45 mins after or before on the above mention event and
Close within xx54 to xx27, once you see xx.xx profit just take it out, because there isn’t bonus everyday.
Can’t focus, Ego Moody day and No time, Don’t Trade.
Family around don’t trade. Family comes first. Otherwise you will suffer more than losses.
Face losses most of the time or big time. Take a long break. I would recommend you to Go for fund-raising like Charity Marathon Partnership.

Tangoh

Another Bitcoin Suicider

According to news source the duo have demand more and cause hu. To suicide. Bitcoin trader Bharat Patel from India, hanged himself on Sunday, leaving a suicide note for his widow; after being threatened by senior police in relation to losses he incurred whilst trading crypto assets on their behalf. The duo only traded 5BTC and demand for a double in return. WOW. Anything can happen when investor are not well inform and trader are not well verse with trading.

Anyway on Monday, the SEC delayed its decision regarding the VanEck (an ETF provider) Bitcoin ETF application again. The new deadline for the decision supposing is August 19 and accirding to the news sources that it migt be delayed as long till October.

According to cryptonews source, if approved, VanEck would be allowed to list the first ETF in the U.S. that is fully backed by “physical” bitcoins in its reserves, which is believed by many to be a huge catalyst for the price of bitcoin.

Case study on the Bitcoin today looks not promissing where Digial Chip stock-fall may affect the to fall too. Just be cautious of the turnaround.

Day chart posted a hanging man candlestick patterns but this is more like a corrective inverted pattern. And might push the price lower to around $6000

Despite doji on weekly last week chart. She might have complete the upside adjustment and may go for a price correction.

Today range may seems the upside has no more energy and volumn to push her higher. Maybe investor and trader are waiting below the $6500 level.

Juat be cautious.


Be back for more update.

Happy Trading.

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Today on Candlestick Patterns Reading, Income Stream, Charity Navigator, make money online. We are on Charity Marathon Spillover from top, bottom, left and right. Issue on Money, Make Money and Reward.

(If they don’t do the mlm alike Partnership Fundraising system, how long you want the ill Children to wait).
(Survey shows only 3% human being will donate and won’t ask for reward).

Trader, Newbies or Oldies.
Always follow the calculated time specified xx45 in any hour and don’t trade on other timing as in xx28 minute to xx45 minute.
This are the timing will hold you and difficult to execute and face losses.
Don’t Trade on and before 45 minute during data report event.
Don’t trade 45 miute before and after any exchange open and closing.
Enter any hour, the 45 mins after or before on the above mention event and
Close within xx54 to xx27, once you see xx.xx profit just take it out, because there isn’t bonus everyday.
Can’t focus, Ego Moody day and No time, Don’t Trade.
Family around don’t trade. Family comes first. Otherwise you will suffer more than losses.
Face losses most of the time or big time. Take a long break. I would recommend you to Go for fund-raising like Charity Marathon Partnership.

Tangoh

Cryptocurrency Gearing Up For Massive Surge

The Bitcoin Spikes cause by the major TV shows in the US and keyword searches in Google on ‘bitcoin’, ‘what is bitcoin’ and ‘how to buy bitcoin’ increased after 60 Minutes program dedicated to the most popular cryptocurrency aired on Sunday. The cryptoland is now getting ready for its new ‘citizens’.

BitMEX CEO Arthur Hayes the most widely ultilized margin trading platform for bitcoin and Ethereum,

has said that the bitcoin bull market is real and believes the bull market is just starting

Some analysis suspect that the Crypto Markets is gearing up for Massive Surge as Bitcoin continue to climb

Bitcoin has been on the up-side for several weeks and is now once again nearing the $8,000 region despite facing increased selling pressure earlier this week.Despite BTC’s upwards momentum, the aggregated crypto markets have generally failed to outperform Bitcoin since it first began surging.

Case study 1. I left the my position since last Friday Bitcoin and close today.

Cited the hourly chart has been considating for past few hours and is creating more space for the coin to move higher

Whereas day chart form a reversal patterns and today will correct about 30 to 50 percent base on last night chart before moving one step further and look for direction.


Be back for more update.

Happy Trading.T-Shirt by CryptoYīGuìMén all right reserve


Today on Candlestick Patterns Reading, Income Stream, Charity Navigator, make money online. We are on Charity Marathon Spillover from top, bottom, left and right. Issue on Money, Make Money and Reward.

(If they don’t do the mlm alike Partnership Fundraising system, how long you want the ill Children to wait).
(Survey shows only 3% human being will donate and won’t ask for reward).

Trader, Newbies or Oldies.
Always follow the calculated time specified xx45 in any hour and don’t trade on other timing as in xx28 minute to xx45 minute.
This are the timing will hold you and difficult to execute and face losses.
Don’t Trade on and before 45 minute during data report event.
Don’t trade 45 miute before and after any exchange open and closing.
Enter any hour, the 45 mins after or before on the above mention event and
Close within xx54 to xx27, once you see xx.xx profit just take it out, because there isn’t bonus everyday.
Can’t focus, Ego Moody day and No time, Don’t Trade.
Family around don’t trade. Family comes first. Otherwise you will suffer more than losses.
Face losses most of the time or big time. Take a long break. I would recommend you to Go for fund-raising like Charity Marathon Partnership.

Tangoh

Bitcoin Plunged?

Image Source : https://unsplash.com/@nasa

News Source : cnbc.com

Bitcoin price plunges less than a day after trading above $8,000 level

“This last drop was likely caused by a combination of profit-taking and also algorithmic trading compounding the swift fall,” said Jehan Chu, co-founder of Kenetic Capital. “We can expect these types of steep rises and drops to continue for some time until institutional investors grow market volume.”

“The key takeaway from the past few weeks is that with each of these surges, the overall interest and investment continues to expand around a growing core of real blockchain use and adoption,” Chu said.

The moves came just days after bitcoin more than doubled in price for 2019. Amid sizzling tensions between the U.S. and China in their protracted trade war, some even made the case that bitcoin was emerging as a global hedge against stock market movements.


While US delaying car tariffs a ‘wise decision,’ EU finance chiefs say

“That’s a wise decision,” French Finance Minister Bruno Le Maire told CNBC Thursday in Brussels. “I think we should avoid any kind of sanctions, tariffs and trade war because, you know, the deep conviction of the French government is entering any kind of trade war will have a very negative effect on global growth, growth for the U.S., growth for China, and of course for all European countries,” he added.

Imposing duties on European car imports would likely hurt Germany the most, given that it is one of the largest direct car exporters to the U.S.

This economic threat is an acute concern for European leaders at a time when the euro zone is already showing signs of weakness. Recent manufacturing and growth data have led the European Central Bank (ECB)to cut its growth projections for the year. Growth in the region — and especially Germany — is sensitive to external shocks due to its export-driven economy.


Case Study 1 Bitcoin posted a indecision candlestick patterns last night and in expected to move up but due to institution profit taking and show a flash in today Chart and that is bad news.

Hourly also posted a flash earlier more like a long shadow candlestuck pattern and may move up later today

Weekly forms a doji and shows rhatnit is still optimistic on the upside.


Case Study 2 DAX/GER30 posted a bull indecision pattern and more to a reversal and high chance that she will go higher today. Not forgeting the bear inverted pattern before yesterday and may drag the price lower for the unfinish bear deal.

Hourly worried me cause it forms a double lower.


Be back for more update.

Happy Trading.T-Shirt by CryptoYīGuìMén


Today on Candlestick Patterns Reading, Income Stream, Charity Navigator, make money online. We are on Charity Marathon Spillover from top, bottom, left and right. Issue on Money, Make Money and Reward.

(If they don’t do the mlm alike Partnership Fundraising system, how long you want the ill Children to wait).
(Survey shows only 3% human being will donate and won’t ask for reward).

Trader, Newbies or Oldies.
Always follow the calculated time specified xx45 in any hour and don’t trade on other timing as in xx28 minute to xx45 minute.
This are the timing will hold you and difficult to execute and face losses.
Don’t Trade on and before 45 minute during data report event.
Don’t trade 45 miute before and after any exchange open and closing.
Enter any hour, the 45 mins after or before on the above mention event and
Close within xx54 to xx27, once you see xx.xx profit just take it out, because there isn’t bonus everyday.
Can’t focus, Ego Moody day and No time, Don’t Trade.
Family around don’t trade. Family comes first. Otherwise you will suffer more than losses.
Face losses most of the time or big time. Take a long break. I would recommend you to Go for fund-raising like Charity Marathon Partnership.

Tangoh

Binance Giveaway Coin

Image Source: https://unsplash.com/@denarium_bitcoin

Coin News Source: cryptonews.com

News Source: cnbc.com


Binance Resumes Business as Usual, Starts Giveaway

Major cryptocurrency exchange Binance is back in the game again following the recent hack that shook the crypto world and left them poorer for 7,000 BTC (around USD 40 million at the time). Additionally, as a thank you to customers who remained with them, the company announced they were giving away USD 1.2 million worth of Binance Coin (BNB), as well as increasing the level of all their VIP customers by one.

Binance announced both on their Twitter and their official blog that the system upgrade is complete and that all trading activity would resume at 13:00 UTC. “From now until the commencement of trading, users will be able to cancel open orders, process deposits and use other account related functions. Please note that the withdrawal function will be available shortly after trading resumes,” the official post adds.


While market remain tension over trade war.

China says any further action against companies like Huawei could escalate tensions
China’s Commerce Ministry warned Thursday that U.S. actions against companies such as Huawei could escalate trade tensions.


As for Case Study 1 today I manage to clear out my position at 9:39am (HK/SIN) no matter which price to ssfeguard any correction lower might happen.

At this moment the Coin is moving corrective downwards and the previous pattern posted a indecision pattern and more to a corrective downward first before pick up later today.

Hourly posted a double top which I miss-look and buy long again too early but is not much unless she don’t break her low today and form a double bottom formation in her day chart.

Above day chart the pink colour straight join together is a goid sign of buying point.


Back to DAX/GER30 The chart tells a bad news may occur later today. The day chart posted a strong downside inverted patterns.

But I buy long earlier when cited a nicely evently done indecision candlestick patterns

Close out at 4:45pm (HK/SIN) in almost 45 minute to prevent the might-be major plunge later.


End of case study.

Happy Trading.

T-Shirt by CryptoYīGuìMén

Today on Candlestick Patterns Reading, Income Stream, Charity Navigator, make money online. We are on Charity Marathon Spillover from top, bottom, left and right. Issue on Money, Make Money and Reward.

(If they don’t do the mlm alike Partnership Fundraising system, how long you want the ill Children to wait).
(Survey shows only 3% human being will donate and won’t ask for reward).

Trader, Newbies or Oldies.
Always follow the calculated time specified xx45 in any hour and don’t trade on other timing as in xx28 minute to xx45 minute.
This are the timing will hold you and difficult to execute and face losses.
Don’t Trade on and before 45 minute during data report event.
Don’t trade 45 miute before and after any exchange open and closing.
Enter any hour, the 45 mins after or before on the above mention event and
Close within xx54 to xx27, once you see xx.xx profit just take it out, because there isn’t bonus everyday.
Can’t focus, Ego Moody day and No time, Don’t Trade.
Family around don’t trade. Family comes first. Otherwise you will suffer more than losses.
Face losses most of the time or big time. Take a long break. I would recommend you to Go for fund-raising like Charity Marathon Partnership.

Tangoh

Trojan Horse

Image Soutce: https://unsplash.com/@mktgmantra

News Source: cnbc.com


Trump’s threat of auto tariffs on Europe may really be a ‘Trojan horse’

President Donald Trump’s next trade battle could involve the U.S. slapping steep tariffs on auto imports from Europe — but that wouldn’t really be the White House’s ultimate goal, one expert said Wednesday.

Instead, such a move may well prove to be a “Trojan horse” for a bigger deal on agriculture, according to David Hauner, head of cross-asset strategy and economics for Europe, the Middle East and Africa at Bank of America Merrill Lynch.


Hack Kills Cryptopia – Liquidators Take Charge of Exchange

A New Zealand court has placed hacked cryptocurrency exchange Cryptopia into liquidation following a number of failed attempts at re-opening the platform.

The court placed responsibility for the liquidation in the hands of David Ruscoe and Russell Moore, employees at auditor Grant Thornton, following a devastating hack in mid-January this year. In February, the company said that “worst case 9.4% of our total holdings was stolen.”


Case Study 1. DAX / GER30 posted a double bottom formation patterns last night and open high during the future and Spot Exchange session and I manage to close my position incase any bad news are to surface.

Still buy up at 6:48pm (HK/SIN) despite of the auto-tariff news are going to surface. Optimistic of rhe double bottom that has form.

Hourly posted a red indecision more to a upside inverted. Might still go a bid lower before moving back up.

Close out at 10:54pm (HK/SIN)


Case Study 2. Bitcoin havemake a correction near the 78 level, is a good news that is creating more space for Bitcoin to move higher.

Coin posted a beautiful indecision candlestick patterns last night. Very high chance to see 10K level.

As you can see that Bitcoin is still heading to 10K level provided she break this pink line level or else she will fall back to 6000 level.


End of case study.

Happy Trading.

T-Shirt by CryptoYīGuìMén


Today on Candlestick Patterns Reading, Income Stream, Charity Navigator, make money online. We are on Charity Marathon Spillover from top, bottom, left and right. Issue on Money, Make Money and Reward.

(If they don’t do the mlm alike Partnership Fundraising system, how long you want the ill Children to wait).
(Survey shows only 3% human being will donate and won’t ask for reward).

Trader, Newbies or Oldies.
Always follow the calculated time specified xx45 in any hour and don’t trade on other timing as in xx28 minute to xx45 minute.
This are the timing will hold you and difficult to execute and face losses.
Don’t Trade on and before 45 minute during data report event.
Don’t trade 45 miute before and after any exchange open and closing.
Enter any hour, the 45 mins after or before on the above mention event and
Close within xx54 to xx27, once you see xx.xx profit just take it out, because there isn’t bonus everyday.
Can’t focus, Ego Moody day and No time, Don’t Trade.
Family around don’t trade. Family comes first. Otherwise you will suffer more than losses.
Face losses most of the time or big time. Take a long break. I would recommend you to Go for fund-raising like Charity Marathon Partnership.

Tangoh