cryptocurrency forum

LiteForex announced trading with Bitcoin

Discussion in 'General Discussion' started by LiteForex, Jan 9, 2018.

  1. LiteForex

    LiteForex Contributor

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    LiteForex announced trading with Bitcoin

    Advantages

    • Investment alternative to usual trading tools
    • Reliability and transparency of decentralized cryptocurrencies
    • Promising investment and diversification of risks
    • No influence on the part of financial institutes
    • Rate is determined by financial market participants’ demand

    Trading leverage is 1:20
    [​IMG]
     
  2. LiteForex

    LiteForex Contributor

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    LiteForex is introducing the option of depositing and withdrawing funds in crypto currencies


    We are glad to inform you that as of today you can deposit to and withdraw from your LiteForex account using the most popular crypto currencies: Bitcoin, Bitcoin Gold, Bitcoin Cash, Litecoin, Monero, and Ethereum.

    Today, crypto currencies are lucrative instruments for online trading and investments. For the convenience of the clients owning crypto currencies, LiteForex is one of the first companies to introduce such a service intended for depositing and withdrawing funds uding bitcoins and altcoins.

    It is worth noting that traders who have a trading account with LiteForex can deposit crypto currencies to it without any additional commissions. The crypto currency is converted into the trading account currency at the internal exchange rate of the company at the moment of funds depositing. The exchange rate of the company is most closely approximate to the favorable market rate.
     
  3. LiteForex

    LiteForex Contributor

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    LiteForex is launching CRYPTOBATTLE contest

    Unprecedented big prizes in BTC are waiting for the winners
    Dear clients,
    We are happy to inform you that our team has developed a new interesting demo contest CRYPTOBATTLE! Demonstrate your proficiency in margin trading in cryptocurrency competing with traders from all over the globe! The first contest week starts on 12.02.2018.
    CRYPTOBATTLE from LiteForex allows you to assess the potential of cryptocurrency instruments, perfect your trading skills and win a big prize without risking your own deposit!

    The contest prize fund amounts to 1.3 bitcoins weekly! Prizes are real money and are paid in clients’ bitcoin wallets.

    Catch your chance to become the first in the CRYPTOBATTLE demo contest and win a truly impressive prize!

    Register in the first stage of the CRYPTOBATTLE demo contest right now!
    And may the strongest win!

    Best regards,
    The LiteForex team.

    [​IMG]
     
    bitmaker likes this.
  4. LiteForex

    LiteForex Contributor

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    Dear traders,

    In continue predicting for Ethereum.

    Unfortunately, all those, who are waiting with Ethereum long positions opened, will have to wait for some more time.

    Since my last forecast, the situation for Ethereum has hardly changed, the indicators are still showing differently directed movements.

    The market is trading flat. What will happen next?

    Read more in LiteForex blog
     
  5. CryptoRyuzaki

    CryptoRyuzaki Scholar

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    I will check this out. How long are the contests? Any link for the contest?
     
  6. alchohole

    alchohole Beginner

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    I`m wining a lot of moneys with cryptos, this is why i love them. I`m trading them with EtherTrade Live platform, so easy to use. I like that...
     
  7. coinmarketingservice

    coinmarketingservice Contributor

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  8. LiteForex

    LiteForex Contributor

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    LiteForex launches cryptocurrency trading

    Crypto-pairs with Bitcoin, Bitcoin Cash, Dashcoin, Ethereum, Ethereum Classic, LiteCoin, Monero, Ripple and ZCash can now be traded in

    Dear clients,
    We are glad to announce that LiteForex has launched trading in cryptocurrency pairs, including:

    BCHBTC (BitCoin Cash vs BitCoin)
    BCHETH (BitCoin Cash vs Ethereum)
    BCHUSD (BitCoin Cash vs US Dollar)
    DSHBTC (Dashcoin vs BitCoin)
    DSHUSD (Dashcoin vs US Dollar)
    ETCBTC (Ethereum Classic vs BitCoin)
    ETCUSD (Ethereum Classic vs US Dollar)
    ETHBTC (Ethereum vs BitCoin)
    ETHUSD (Ethereum vs US Dollar)
    ETHLTC (Ethereum vs LiteCoin)
    LTCBTC (LiteCoin vs BitCoin)
    LTCUSD (LiteCoin vs US Dollar)
    XMRBTC (Monero vs BitCoin)
    XMRUSD (Monero vs US Dollar)
    XRPUSD (Ripple vs US Dollar)
    ZECBTC (ZCash vs Bitcoin)
    ZECUSD (ZCash vs US Dollar)
    BTCUSD (BItcoin vs. US dollar)


    Cryptocurrency trading can be done in all accounts and trading platforms (MT4 and MT5) in a 24/5 mode.
    Our liquidity providers will ensure the best cryptocurrency quotes and fast execution.
    Aggregated liquidity allows us to provide our clients the best prices while your trades will be protected by many years of LiteForex’s experience and reputation.


    Best regards,
    The LiteForex team


    [​IMG]
     
  9. LiteForex

    LiteForex Contributor

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    Analysis for BTCUSD: the last ticket to the moon

    Bitcoin is a good guy! It’s accurately following the predicted route and has already passed through all the key points, suggested for the period

    Dear friends,

    I go on reading the charts and trying to predict our old Bitcoin’s future.

    Let’s look at the last forecast. We see that Bitcoin was obediently moving within the suggested trend lines.


    [​IMG]
    According to my previous forecast, the turquoise Fibonacci ark, drawn from the multi-year trend, starting in 2015 and ending in late 2017, has strong magnetic properties and is really able to reverse trends.

    However, because it is drawn in the large-scale chart, weekly timeframe, the error of the resistance zone is rather significant.

    [​IMG]

    I marked with blue colour the assumed resistance zone that, as you see, is rather wide and allows BTC to dive as deeply as to 7 250 USD.

    This conclusion is based on my observation of the price moves at this arc’s level in the past.

    [​IMG]

    As it is clear from the chart above, false penetrations of this zone can be as deep as 800 USD, so the resistance zone of 500 USD in size is more than optimistic

    The only thing, we know for sure, the trend will reverse soon.

    An additional sign of the reversal is harmonic pattern Butterfly, which has almost formed.

    [​IMG]

    Targets, according to this pattern, are in the price range between 10 000 and 11 000 USD.

    I made another interesting discovery when I was scanning volumes for short and long positions, the information provided by Bitfinex.

    In 30-minute chart, I has clearly seen that a bullish fractal model is finishing to form in the chart BTCUSDSHORTS (see below). It means, we can expect a strong rollback before a new model starts to form.



    [​IMG]



    [​IMG]

    BTCUSDLONGS situation looks far more optimistic. According to the peaks, formed in the past, now buyers witness the start of a new bullish fractal model, they are at the peak of Origin element.

    Before the price moves on, it will naturally go down, which coincides with possible sellers’ behaviour.

    Decrease in the volumes for short and long positions means only one thing – uncertainty in the market, so the trend is likely to move sideways with trading inside a small channel.

    Such situation can’t continue for a long time.

    If we look at a larger scale, we will see an emerging triangle



    [​IMG]

    We also see a well-formed hidden bullish divergence in Chaikin oscillator, it also suggests the triangle breakout from below.

    If we accept this suggestion, the breakout target will be equal to the triangle base, locating at the level of about 25 000 USD.

    Finally, let’s study the volumes.

    [​IMG]



    As it is seen in the chart above, the ticker has a strong support from EMA200. Considering the fact that the volume has been decreasing for the recent days, I don’t think that the market will be strong enough to break out the level of this moving, which is at about 6 900 USD.

    Vertical volume indicates strong traded channel in the range of 7 900 – 11 900 USD.

    For now, the price is at the channel lower border. Considering all the above, it is far easier for the market to move towards the upper channel border than to go downwards.

    Are you sure that no manipulator will have enough resources to do it???



    What’s in the end?

    [​IMG]



    Bad for margin traders, good for hodlers, but Bitcoin will hardly reach the levels of 4 000 USD and lower in the near future.

    I still expect an upward impulse price movement, slightly adjusting the width of the turquoise arc resistance zone.
    I see the bottom very close. The low is at about 7 500 USD.

    Be careful, don’t miss your last ticket to the moon.



    I wish you good luck and good profits!
     
  10. LiteForex

    LiteForex Contributor

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    Trading in cryptocurrencies in a 24/7 mode for LiteForex’s clients

    The LiteForex company now provides round-the clock access to the crypto-market

    Dear clients,

    We are glad to share some good news with you: from now on, cryptocurrencies will be available for you to trade in 24 hours per day, 7 days per week!

    Since cryptocurrencies were included on LiteForex’s list of trading tools, they’ve become extremely popular with our clients, being a promising margin trading tool. Looking for more opportunities for you to make profits, we are now ready to provide you 24-hour access to the market of cryptocurrencies.

    Sell or buy popular cryptocurrencies whenever you want. Make use of margin trading opportunities choosing crypto-pairs from the list and boost the potential of your trading strategies in a 24/7 mode.

    Best regards,
    LiteForex

    [​IMG]
     
  11. LiteForex

    LiteForex Contributor

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    LiteForex invite traders to participate in BEST OF THE BEST demo contest

    The winners will get a marvellous opportunity to start a trader’s career on the Social Trading platform with a big initial capital!

    The prize fund of the BEST OF THE BEST demo contest that will be shared among the best 5 traders amounts to $4000 monthly.

    The registration of participants in the first launch of the BEST OF THE BEST demo contest has already started!

    Take part in our new contest and prove that your trading strategy yields the most profit with the least risk. Provide yourself with a brilliant career and win a big money prize!

    Best Regards, LiteForex

    [​IMG]
     
  12. zooo

    zooo Contributor

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    Great news. Low spreads and a large selection of tradable instruments.
     
  13. LiteForex

    LiteForex Contributor

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    Analysis for BCHBTC: Search for the Bottom

    All-round market view of Bitcoin Cash against BTC. Key levels and the most likely scenarios
    In this post, I applied: candlesticks, all-round market view, market balance level, oscillators, trading volume indicator, key levels.


    Dear friends,

    I understand that now all cryptocurrency investors are focused on Bitcoin. All the rest altcoins are wrongly forgotten in this situation; and it is when Bitcoin features the strongest moves, the true nature of an altcoin is revealed and we see, which one was just speculative interest, and which is supported by strong buyers, who are willing to defend their positions. Therefore, as a trader and an asset manager, I am the most interested in the analysis of altcoins, their price moves, compared to falling down Bitcoin.

    Today, I’d like to see how Bitcoin Cash is doing.

    Unfortunately, there is hardly any news background for Bitcoin Cash; and so, fundamentally, Cash price moves depend on the events, associated with Bitcoin.

    Read more in LiteForex blog
     
  14. LiteForex

    LiteForex Contributor

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    BCHBTC analysis: a Mafia Game

    Analysis for Bitcoin Cash to BTC. Updated BCH scenario, based on growing Bitcoin. Targets to trade Bitcoin Cash. Bitcoin Cash key levels.
    In this post, I applied the following tools: fundamental analysis, all-round market view, graphic analysis, market balance level, oscillators, volume profile, key levels, trendline analysis, market sentiment analysis.


    Dear friends!

    I’m carefully watching Bitcoin Cash state and the hot battle between BCH administration and BitPico hacking group.

    BCH developers decided to apply rather primitive tools to fight with the naughty BitPico. BitcoinCash Core started blocking IP addresses of the nods, suspected in unnatural activity, threatening the nods of the users that may be guilty of nothing. This idea looks like a “Mafia” game. First block, then find out, which was killed, a Mafiosi or a common person.

    The fact itself that such blocking is possible means the network centralization, badly affecting BCH.

    Another thing that hints at BCH centralization is the location of nods. According to BitPico, around a half of all blockchain key nods are on the Alibaba cloud servers.

    Read more in LiteForex blog
     
  15. LiteForex

    LiteForex Contributor

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    XMRUSD analysis: Perfect Growth Potential!

    Updated XMRUSD trading forecast
    Should you buy Monero now and what is the best price to buy?
    In this post I applied the following tools: fundamental analysis, candlestick patterns, all-round market view, oscillators, volume profile, graphic analysis, trendline analysis.
    Dear friends,

    I go on my series of cryptocurrency price forecasts. Today, I’d like to analyze the situation for XMRUSD.

    Monero has featured the most impressive growth during the last two weeks. You see in Monero/Dollar chart that it has been about 63% up/

    What are the reasons for such a price surge of XMRUSD and should we buy it now? I’ll try to find out below.

    Read more https on LiteForex site
     
  16. LiteForex

    LiteForex Contributor

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    ETHBTC analysis: to fit into reversal!


    ETHBTC analysis and the updated middle-term forecast for Ethereum. ETH key levels and Ethereum general outlook.
    In this post I applied the following tools: fundamental analysis, all-round market view, oscillators, key levels, graphic analysis, trendline analysis, Renko chart, Kagi chart, Line Breakout chart, Tic-Tac-Toe chart.
    Dear friends,

    I go on my cryptocurrency price predictions and today I’d like to dwell upon Ethereum and analyze the ETHBTC trend.

    First, let’s see how accurately the ETHBTC price matched to my last forecast.

    [​IMG]
     
  17. LiteForex

    LiteForex Contributor

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    LTCBTC analysis: the rocket is ready to launch

    Litecoin: Forecast and analysis of the LTCBTC for the medium term
    Identifying trends, key levels and the most relevant scenario
    In this post, I used fundamental analysis, panoramic market survey, oscillator analysis, key level analysis, trend analysis, indicator analysis, Renko chart and Linear Breakthrough, Tic-Tac-Toe, Kagi

    Dear friends,

    Today I would like to do another forecast for the Litecoin and update the scenario for the pair LTCBTC.

    I noticed that my last forecast for this pair was written on 21.06.2018, i.e. it has been more than three months.


    Read more on LiteForex site

    [​IMG]
     
  18. LiteForex

    LiteForex Contributor

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    ETHUSD Analysis: Trading In the Channel

    ETHUSD analytics and the updated Ethereum forecast. Is ETH worth buying? Where will the price for the most popular altcoin will go?
    In this post I applied the following tools: fundamental analysis, all-round market view, market balance level, volume profile, graphic analysis, trendline analysis, Range bars, Tic-Tac-Toe chart.
    Dear friends,

    As usual, the second crypto analysis in the week is ETHUSD analysis. Ethereum is actively striving for the status of the second largest cryptocurrency by market cap, and no other coin has shifted ETH from its top position for a long term.

    Read more on LiteForex site
     
  19. LiteForex

    LiteForex Contributor

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    BCHBTC Analysis: Double Bottom

    Analysis for Bitcoin Cash to BTC. Updated scenario to trade BCH amid the rising Bitcoin. Targets and key levels to trade BCHBTC
    In this post, I applied the following tools: fundamental analysis, all-round market view, market balance level, oscillators, volume profile, graphic analysis, trendline analysis, key levels, Kagi and Tic-Tac-Toe charts.
    Dear friends,

    Today, I’d like to dwell upon the price of Bitcoin Cash to Bitcoin. I analyzed the pair in July last time, which is a very long period.

    Today, I’ll offer you BTC fundamental analysis and trading scenario for BCHBTC pair.

    As the last forecast was suggested 3 months ago, it makes no sense to take it into consideration now. I’ll do it again.

    Read more in LiteForex blog


    [​IMG]
     
  20. FutureICO

    FutureICO Scholar

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    I think it is obvious that almost every top broker is adding Cryptos for trading, as it is something that is preferred by MANY and rightly so, there is HUGE potential in there. I do try that as well, but my FIRST preference still is Stock or Forex.

    And in that, I really like BAC forecast, which covers me up really far and gives good shot at making profits and that highly consistently as well. So, that’s really what we need to do.
     

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