There had been mixed results Friday with the S&P500 up on the day the main change in markets.
Bitcoin traded sideways over the weekend, feeling like it could do something at any time. It still traded high and did not have a whole lot of volatility to the downside.
BTC last traded at $16,001
24 hr high: $ 16,170
24 hr low: $ 15,789
The two most obvious scenario’s in short-term trading are the stop-out of long positions to a and reversing or targeting the stops to b and reversing.
This assumes that a bigger move is not ready to be made early in the week and that markets in general are a bit mixed late on Friday.
Ethereum is a more bearish asset than Bitcoin, and this could be taken as a lead in figuring out what to do with Satoshi’s invention this week even though Bitcoin is still the 800 pound gorilla in digital assets.
24 hr high: $ 464
24 hr low: $ 440
Mixed results in digital assets the last 24 hours with nothing especially interesting.
They have been generally weaker over the weekend.
|Asset||Code||Price (USD)||24hr Change (%)||Volume||Market Capitalisation|
|Universal Market Access||$UMA||8.35||1.74318||16,384,905.00||$461,243,145.00|
Some great results in Japan showing very strong GDP growth.
Whether you want to simply buy and sell or access advanced features, we have the tools you need. Mine’s order-book exchange lets you trade BTC, ETH, XRP, LTC and BCH against AUD, USD and USDT*. Mine Digital, Australia’s best Cryptocurrency Exchange.