Daily market review & Analysis August 1st

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cryptohouse.png

BTS\BTC
The downtrend is something obvious in this case but, we can wait until it gets out of the channel and then execute!
In such cases where the trend in long (the channel), the breakout can be very profitable for the patient trader.
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0X/BTC
Here we can find an opportunity for the long run, if the third wave appears from now until Monday, we can definitely take action (Market orders + T.P).
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Market review- highlights

  • A new startup attempts to pay NFL players in Cryptocurrency (More details coming soon)
  • Mistertango's survey: 88% of cryptocurrency exchanges want industry regulation.
  • Former school valedictorian arrested in cryptocurrency theft.
  • Binance is looking to purchase a new wallet.
  • Watts Miners start a new era in cryptocurrency.
Daily market review & Analysis August 1st | Ecency