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Sally Ho's Technical Analysis 12 August 2019

Bitcoin Bitcoin (BTC/USD) searched for a fresh market bias early in today’s Asian session as the pair continues to take cues from important technical levels. During yesterday’s European session, the pair fell sharply to the 11,088.88 area before bouncing higher, a level that is right around the 38.2% retracement of the move from 6,600.00 to 13,868.44. BTC bulls continue to try to establish a base around the psychologically-important 12,000 figure, a possibility especially after several recent tests of the technically-important 11,978.03 area, representing the 38.2% retracement of the move from 8,919.72 to 13,868.44. Likewise, BTC/USD Bulls are trying to establish...

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I Want To Be An Ethereum Developer

Getting a job in the blockchain industry is hard, though the roles are quite varied. Such careers might include writing and journalism (we should know), marketing and advertising, computing and engineering and of course, development.  The invention of Ethereum by founder Vitalik Buterin has helped to totally transform the way development and programming exists within the blockchain industry. By taking on the fundamentals of the Bitcoin blockchain, Ethereum has made way for an entire culture of development, by allowing developers and fanatics alike to make and create their own blockchain products on an open source and powerful blockchain (the Ethereum...

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Sally Ho's Technical Analysis 11 August 2019

Bitcoin Bitcoin (BTC/USD) continued to search for direction early in today’s Asian session as traders continue to keep the pair confined to a relatively tight range.  BTC bulls continue to eye the psychologically-important 12,000 figure, especially after several recent tests of the technically-important 11,978.03 area, representing the 38.2% retracement of the move from 8,919.72 to 13,868.44. BTC bears continue to find headwinds around the 11,439 and 11,394 areas, both of which represent important technical levels. Additionally, the 50-bar MA (4-hourly) is now indicating around the 11,415.93 level. Below these areas, Bids appear to be stronger around the 11,136.82 area, representing...

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Sally Ho's Technical Analysis 10 August 2019

Bitcoin Bitcoin (BTC/USD) appreciated early in today’s Asian session as the pair climbed to the 11,945.00 area after finding technical Support around the 11,645.32 area during yesterday’s European and North American sessions, representing the 38.2% retracement of the move from 8,048.75 to 13,868.44.  Bulls continue to chip away at the 11,978.03 area, a level that has served as technical Resistance over the past several trading sessions with a little bit of trading activity above it. The pair continues to trade well above its 50-bar MA (4-hourly) and continues to oscillate above and below its 50-bar MA (hourly). The 11,950 level...

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Ethereum (ETH) Tumbles To A New Low Against Bitcoin (BTC)

Ethereum (ETH) has just declined to a new low against Bitcoin (BTC). We have not seen it declined this low against Bitcoin (BTC) since the beginning of the bear market. It appears that ETH/BTC is now prepared to decline to the pre-bull run levels of 2017 effectively erasing most of its gains. Needless to say, things do not look good for Ethereum (ETH) and the rest of the altcoin market. Investors still have some hope in Bitcoin (BTC) as it is holding its ground better compared to Ethereum (ETH) but they have no confidence in Ethereum (ETH) which is shown...

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