Bluehelix Exchange(BHEX) Daily Crypto Watch & Perpetual Contract Strategy (Nov 5th 2019)

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Bluehelix Exchange(BHEX) Daily Crypto Watch

The People’s Daily has published an article on “Promoting the safe and orderly development of blockchains”. It is necessary to place great emphasis on its development and management, to establish policies, to promote self-discipline in the industry and also to systematically manage the internet. The government has called for a healthy development of the blockchain industry.

The U.S. Federal Reserve is hiring a manager to oversee its retail payment department and also its cheques and automated clearing houses. This person will also be responsible for promoting innovative research on and not limited to cryptocurrency, stablecoin, ledger distribution technology and financial innovation in retail payments.
The central bank’s digital currency may become an important research topic for the global central bank in the future.

Market Situation:
Bitcoin has once again tested the 9500 resistance level as was expected. Today, it continues to rise slightly trading above 9400 which is a positive sign of a bullish trend occurring.

The leading cryptocurrency Litecoin performed rather well yesterday. There were huge amounts of large buying orders indicating market confidence for this coin. We have not seen any breakout confirmation from our observations.

(The above is an opinion, not financial advice)

Bluehelix Exchange(BHEX) Perpetual Contract Strategy (Nov 5th 2019)

Bitcoin has tested the 9500 level this morning and it fell back slightly. The recent rebound has changed the tide from a downward to an upward trend which could lead to a bull run. Focus is on the buying and selling pressure on 9500 and 9900 resistance levels.

Primary Strategy: Long 9360, Stop Loss 9260, Target 9600.
Secondary Strategy: Short 9750, Stop Loss 9900, Target 9500.

(The above is an opinion, not financial advice)

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Free Bitcoins: FreeBitcoin | BonusBitcoin

Coins Kaufen: Bitcoin.deAnycoinDirektCoinbaseCoinMama (mit Kreditkarte)Paxfull

Handelsplätze / Börsen: Bitcoin.de | KuCoinBinanceBitMexBitpandaeToro

Lending / Zinsen erhalten: Celsius NetworkCoinlend (Bot)

Cloud Mining: HashflareGenesis MiningIQ Mining

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