Ethereumβs Dominance Against Bitcoin and S&P 500βs Resistance Point
Ethereum has recently broken to the downside against Bitcoin, leading many to suspect that prices may continue to decline in the coming weeks and months. As a result, some traders are shorting Ethereum on Buy Bit, leveraging 13x. For those looking to learn how to trade, tutorials are available online, such as Buy Bit for Beginners and Apex Pro.
S&P 500βs Resistance Point
The S&P 500 has recently hit a major resistance point at 4538, the pivot high from March of last year. Unless the S&P breaks back above this level, caution is advised. It appears that the pump was driven by an AI narrative, with companies such as Tesla, Nvidia, Google, and others playing a major role.
Inflation Watch: The Dollar, Dixie, and Bitcoin
The dollar has been on a downward trajectory since October 2022, and the Dixie is expected to follow suit. This means that it is more important than ever to keep an eye on inflation, core inflation in particular. The recent Consumer Price Index (CPI) data has shown that inflation likely held steady in July, with a 3.3% annual pace. This is a slight increase from the 3% pace seen in June.
High Volatility Expected
The CPI data has caused speculation that high volatility is to be expected with Bitcoin and other cryptocurrencies. This means that traders should be prepared for sudden and drastic shifts in the market.
Crypto Pilot: An AI Trading Platform
Crypto Pilot is a trading platform that uses artificial intelligence to make trades on behalf of the user. It connects to the userβs trading account via Telegram, and is designed to make trading easier and more efficient.
Marselle Trading: A Source of Information
Marselle Trading is a source of information for traders, providing updates on the latest news and data. Those interested in following the latest developments in the market should follow Marselle Trading on Twitter, as they will be announcing all the results there.
Automated Trading with Risk Management
The world of trading has been revolutionized with the advent of automated trading systems. These systems allow traders to set their own risk tolerance and get trade signals directly to their telegram account and exchange. The trades are then executed automatically, allowing traders to manage their risk with ease.
Results of Automated Trading
The results of automated trading have been impressive. The last 10 trades had an 80% win rate and a 3.4% return on equity, while the last 20 trades had an 85% win rate and an 80% return. This indicates that automated trading systems can be highly effective in generating profits.
Try Automated Trading for Free
The best news of all is that traders can try automated trading for free with no commitment. There is a seven-day free trial available, with no credit card needed. This allows traders to test out the system and see if it is right for them before committing to a purchase.
Share and Try Automated Trading
Traders are encouraged to share the video and try out automated trading for themselves. With the impressive results and the free trial, it is a great opportunity for traders to take advantage of the automated trading revolution.
