Trading inside such a tight range can build up energy, which will be released either on a breakout or a breakdown from the range.
Traders can ride this rally by initiating long positions on a breakout and close above $2.8498.
According to its plan to buy and burn LEO tokens using 27% of all accrued margin trading fees, Bitfinex tweeted that it had completed burning of 1750,570 tokens.
Due to a short trading history, we will analyze the daily chart on the LEO/USD pair.
If bulls can breakout of $1.40, it will increase the probability of a new uptrend that can carry the price to $2. Therefore, traders can initiate long positions on a breakout and close above $1.40 with stops placed at $1.15.BCH/USD. Bitcoin Cash turned out to be the third-best performer of the past seven days.
The BCH/USD pair has been trading inside an ascending channel.
Aggressive traders can attempt a trade by initiating a long position if the price sustains above $360 for a day.
Traders can buy after the price bounces off the support at $3.40.
We suggest traders remain neutral on the digital currency.
Following a new plan for OKB supporters, trading fees for VIP users will be determined only by trading volume, unlike the normal user for whom fees will be based on trading volume and OKB holdings.
Top-5 Crypto Performers: LINK, LEO, BCH, ETC, BSV, OKB*
Published on Aug 18, 2019
by Cointele | Published on Coinage
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