Dear colleagues and followers,
We at Osiris Finance value your feedback and would like thank you for all your interaction with our posts. We keep working hard to make our systems even more balanced and sophisticated to keep producing more accurate up-to-date forecasts to use in trading or research.
The Bitcoin price is seen trading marginally in negative territory, down just some 0.15%, through the mid-point of Thursday’s session. BTC/USD looking to further pullback after the price pressures at the start of the week. BTC/USD price action has formed a bullish flag pattern. Near-term resistance is eyed at $6306, which is the upper trend line of the flag. A breach could open the door to a run up to $6400 territory, where a supply zone is seen tracking. Near-term support can be observed at $6285, the lower part of the flag. Should this fail to hold, eyes will be on the below demand area, $6200. (Source: www.fxstreet.com/cry...sh-flag-201811011407)
According to the recent news, the world’s second largest stock exchange NASDAQ has developed a market surveillance technology that can “stamp out manipulation” in cryptocurrency markets, as Bloomberg reported Nov. 1. The publication referenced an unpublished paper from NASDAQ released Thursday, in which it explains it has invested “decades” developing tools for catching and preventing market manipulation. “Regulators, brokers and exchanges have surveillance teams that monitor activity constantly and advanced technologies to help capture and analyze abusive behaviors including pump-and-dump schemes, insider trading, wash trading as well as spoofing and layering,” it states. (Source: cointelegraph.com/ne...et-surveillance-tool)
Shakepay, a Montreal-based crypto startup, has launched an over-the-counter trading desk to serve high net-worth individuals, businesses and institutions in Canada looking to exchange large value of Bitcoin and Ethereum. Shakepay OTC was launched in response to the “overwhelming demand for a personalized service for large volume trading,” Jean Amiouny, CEO of Shakepay, said in a statement. The service, open to transactions over CA$50,000 for BTC and ETH trading pairs, settles transactions in one business day and charges a 0.75% trading fee. (Source: coinjournal.net/shak...rade-desk-in-canada/)
Reports suggest that Hong Kong’s securities watchdog has come up with new plans to regulate cryptocurrency funds and exchanges. While it is known for being crypto-friendly, Hong Kong is still not satisfied with the amount of protection that its crypto users currently enjoy. As a result of this, the Securities and Futures Commission announced plans to regulate the space via its “sandbox”, reports the Financial Times. This means that they will adapt existing regulations to newly-uncovered risks in regards to the crypto world. This is important due to the fact that current rules state that crypto trading is not regulated unless they include assets that are considered futures contracts or securities. According to the Ashley Alder, CEO of the SFC, the new measures will regulate the distribution and management of digital assets, so that the investors and their funds are protected. (Source: www.newsbtc.com/2018...to-with-new-sandbox/)
The following is a scheduled notification from the Osiris team. Our models have been working hard and smart on forecasting the market, and here are the most up-to-date predictions for the next 3 hours:
As usual, red, green and blue rectangles demonstrate predicted values of low, high and close, respectively, with corresponding confidence intervals, and the black arrow illustrates our trades.
Pair: BTC/USD
High: 6442.16
Low: 6376.88
Close: 6376.88
According to our machine learning models, the system has recommended not to trade within this three-hour period.
Thank you for staying in touch. We are looking forward to your feedback and any suggestions here at TradingView.
We at Osiris Finance value your feedback and would like thank you for all your interaction with our posts. We keep working hard to make our systems even more balanced and sophisticated to keep producing more accurate up-to-date forecasts to use in trading or research.
The Bitcoin price is seen trading marginally in negative territory, down just some 0.15%, through the mid-point of Thursday’s session. BTC/USD looking to further pullback after the price pressures at the start of the week. BTC/USD price action has formed a bullish flag pattern. Near-term resistance is eyed at $6306, which is the upper trend line of the flag. A breach could open the door to a run up to $6400 territory, where a supply zone is seen tracking. Near-term support can be observed at $6285, the lower part of the flag. Should this fail to hold, eyes will be on the below demand area, $6200. (Source: www.fxstreet.com/cry...sh-flag-201811011407)
According to the recent news, the world’s second largest stock exchange NASDAQ has developed a market surveillance technology that can “stamp out manipulation” in cryptocurrency markets, as Bloomberg reported Nov. 1. The publication referenced an unpublished paper from NASDAQ released Thursday, in which it explains it has invested “decades” developing tools for catching and preventing market manipulation. “Regulators, brokers and exchanges have surveillance teams that monitor activity constantly and advanced technologies to help capture and analyze abusive behaviors including pump-and-dump schemes, insider trading, wash trading as well as spoofing and layering,” it states. (Source: cointelegraph.com/ne...et-surveillance-tool)
Shakepay, a Montreal-based crypto startup, has launched an over-the-counter trading desk to serve high net-worth individuals, businesses and institutions in Canada looking to exchange large value of Bitcoin and Ethereum. Shakepay OTC was launched in response to the “overwhelming demand for a personalized service for large volume trading,” Jean Amiouny, CEO of Shakepay, said in a statement. The service, open to transactions over CA$50,000 for BTC and ETH trading pairs, settles transactions in one business day and charges a 0.75% trading fee. (Source: coinjournal.net/shak...rade-desk-in-canada/)
Reports suggest that Hong Kong’s securities watchdog has come up with new plans to regulate cryptocurrency funds and exchanges. While it is known for being crypto-friendly, Hong Kong is still not satisfied with the amount of protection that its crypto users currently enjoy. As a result of this, the Securities and Futures Commission announced plans to regulate the space via its “sandbox”, reports the Financial Times. This means that they will adapt existing regulations to newly-uncovered risks in regards to the crypto world. This is important due to the fact that current rules state that crypto trading is not regulated unless they include assets that are considered futures contracts or securities. According to the Ashley Alder, CEO of the SFC, the new measures will regulate the distribution and management of digital assets, so that the investors and their funds are protected. (Source: www.newsbtc.com/2018...to-with-new-sandbox/)
The following is a scheduled notification from the Osiris team. Our models have been working hard and smart on forecasting the market, and here are the most up-to-date predictions for the next 3 hours:
As usual, red, green and blue rectangles demonstrate predicted values of low, high and close, respectively, with corresponding confidence intervals, and the black arrow illustrates our trades.
Pair: BTC/USD
High: 6442.16
Low: 6376.88
Close: 6376.88
According to our machine learning models, the system has recommended not to trade within this three-hour period.
Thank you for staying in touch. We are looking forward to your feedback and any suggestions here at TradingView.