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Descending Triangles are technical chart patterns that show price contraction, and this formation, like other contracting patterns, will eventually lead to a breakout and create a new price movement. The direction of the breakout is typically unknown. This means that the breakout from the pattern could send the price in either direction.
For this reason, we should carefully watch both the support and resistance levels for potential clues.
Whenever we identify the likely breakout direction, we should react with a position in that respective direction.
Notice in this example, that I have framed with rectangles the upper and the lower levels of the triangle.
This way I know the exact areas which the support and the resistance of the triangle are likely to cover.


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Germany’s second-largest stock exchange, Boerse Stuttgart Group, is set to launch a cryptocurrency trading platform in the first half of 2019.
The firm announced Wednesday that it has partnered with a local fintech company solarisBank to create an engineering infrastructure for digital assets trading. solarisBank, which operates with a banking license in the country, will also be Boerse’s banking partner for the venture.
“With its combination of technology and banking expertise, solarisBank is a great partner for us to offer central services along the value chain for digital assets,” said Alexander Hoptner, CEO of Boerse Stuttgart.
Initially, trading for bitcoin and ether will be enabled on the platform, with support for other tokens expected once its initial coin offering (ICO) platform – also currently under development – goes live.

Both individual and institutional investors will be able to trade on Boerse Stuttgart’s crypto platform, which will offer features similar to its stock trading platform. This includes open order books and order execution in compliance with relevant laws.

Boerse Stuttgart is also seeking a regulatory approval to offer multilateral trading facility (MTF) for its crypto trading marketplace. MTF is a type of trading system that allows matching buyers and sellers of financial instruments using electronic systems. #bitcoin#bitcoinnews#bitcoincash#bitcoinmillionaires#bitcoins#bitmain#новостикриптовалют#cryptocurrency#bitcoinmillionaires#investment#tothemoon#hodl#blockchain#ethereum#bitcoinmining#bitcointrading#altcoins#millionairelifestyle#crypto#cryptoparliament#liketeam #l4l #likesfortags #likebackteam #liking #instalikes #likesforlike #likes4likes


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Blockchain startup Civic has hired Apple veteran Phillip Shoemaker as executive director of Identity.com. Shoemaker will be responsible for growth and development of the decentralized identity platform, the firm announced Thursday.
“Phillip’s knowledge of blockchain and expertise building internal infrastructure will guide Identity.com through a key time of deployment and growth,” said Jonathan Smith, CTO and co-founder of Civic.
In his seven years at Apple, Shoemaker worked as a senior director for App Store Review division, where he built the team from four to over 300 members. Since leaving the tech giant, he’s spent a couple of years acting as an advisor to blockchain startups.
Shoemaker said in a statement:
“Identity is the biggest unsolved problem of our society, and blockchain technology has the potential to completely revolutionize how we prove and verify identity. Enabling a trusted, open-source identity ecosystem, where anyone can contribute or participate, is a key part of making digital identity accessible and functional in our modern world.”#bitcoin#bitcoinnews#bitcoincash#bitcoinmillionaires#bitcoins#bitmain#новостикриптовалют#cryptocurrency#bitcoinmillionaires#investment#tothemoon#hodl#blockchain#ethereum#bitcoinmining#bitcointrading#altcoins#millionairelifestyle#crypto#cryptoparliament#liketeam #l4l #likesfortags #likebackteam #liking #instalikes #likesforlike #likes4likes


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Ded


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▪️The University of California, Los Angeles (UCLA) will offer a blockchain engineering course, thanks to a grant from MouseBelt Blockchain Accelerator.

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