Singapore’s Central Bank Includes Bitcoin in Singular Regulation of Payments Services

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UK Palestinian Forum raises $100,000 for Gaza

The Palestinian Forum in Britain raised some $100,000 through events in Manchester and London over the weekend, in commemoration of the 13th annual Palestine Day.

A day celebrated by the pro-Palestinian institution since 2004, hundreds of attendees gathered at its annual exhibition in Manchester on Saturday, and over a thousand in London the following day. The event featured speeches from numerous activists, broadcast the film “100 Balfour Road” which examined the document behind the creation of Israel, and aired another documentary on the ongoing siege on Gaza.

At the London event, the chairman of the forum, Hafez Al-Karmi, reiterated the calls of many pro-Palestinian activists this year and demanded the British government apologise for the Balfour Declaration.

He described the 1917 document as “one of the worst promises in history; where one gang leader distributes a stolen land to other thieves”.

Read: MPs call on UK to recognise Palestine to fulfil Balfour’s pledge

Many stalls at the event also gave attendees the opportunity to buy authentic Palestinian produce and support those living under occupation. Both days were concluded with a series of performances by Palestinian artists, including the traditional dabkeh dance.

Funds were also raised for the besieged Gaza Strip, where two million people suffer from an acute lack of basic food and medical supplies. Al-Karmi expressed his gratitude to the local community for continuing to stand in solidarity with the Palestinian people by devoting their time and money to the cause.

The Palestinian Forum in Britain was also one of the organisers of the recent march condemning the UK government’s celebration of the Balfour Declaration. Attended by thousands of people in London, the march hosted numerous Palestinian and British personalities as well as Jewish and Muslim community leaders, united in calling for an end to the occupation of Palestine.

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Technical Analysis Based on Breakout – Bulls slowly gaining momentum

GBPUSD – Flat Technical Observation: Even after last week’s weekly bullish pin bar. Gbp is yet to spike upwards as I expected. Gbp is still bullish and only a buy position can be advised. At the moment, if you’re not short from 1.3071, you could wait for a breakout above the short term 4 hour resistance line 1.3292 then buy Gbp with a take profit at 1.3576. On the upper side, the key lines to look for include 1.3492, 1.3335 and 1.3576. If these lines are breached, then a rise towards the weekly resistance line 1.4478 is expected. Technical Levels Resistance levels R1: 1.3285 R2: 1.3323 R3: 1.3405 Pivot 1.3242 Support Levels S1: 1.3078 S2: 1.316 S3: 1.3203 Trade Signal Look for a long position with the first take profit at 1.3292 and the next at 1.3576
You may check other analytical reviews on FreshForex website. Source: freshforex.com.
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AFTER DROPPING FROM $45 NEO BEARS SHOULD WATCH $34 SUPPORT

After lower lows, NEO bears seem to be finding resistance at $34. Nevertheless, given that obvious bounce from $45, NEO looks likely to consolidate within a $20 range especially if there is a break below $34 today.

Let’s look at the charts:

BEAR PRESSURE IN 4 HR CHART BUT NEM BULLS STILL IN CHARGE

alt coin NEM Daily chart
NEMUSD Daily Chart for November 22, 2017

If you are trading this pair, you only have to look at the behavior of the stochastics. It is almost mixed and zig zagging indicating how price movement in lower time frames look like.

All in all, the NEM bulls look to be in charge now that yesterday closed with a long upper wick. In the 4hr chart there is some sell pressure.

However, if NEM prices manage to stay afloat and fail to close below $0.198 then bulls are strongly in charge and a push above the main resistance trend line is likely to happen.

DASH WHIPSAWS

alt coin DASH Daily chart
DASHUSD 4HR Chart for November 22, 2017

On November 20, DASH gained a massive $350 but as we saw yesterday, it gave back those gains after printing lows of $435 which was just $14 shy of November 20 lows.

That was how volatile DASH was yesterday. In the 4HR chart, the main support trend line which has been DASH spring board from November 6 prevented prices from dipping further as you can see in the chart.

We still remain bullish and since there is a stochastic buy from support line in the 4HR chart, intra-day traders should only be taking long positions.

CLOSE ABOVE $0.90 IMPORTANT FOR ALT COIN IOTA BULLS

alt coin IOTA Daily chart
IOTUSD Daily Chart for November 22, 2017

From price action characteristics, IOTA is definitely bullish. We can see that from yesterday’s long lower wick and the fact that IOTA prices are inching higher and striving to close above immediate resistance at $0.90.

From our post, if it does that, IOTA bulls should be eyeing August highs of $1.1. However, if prices tumble today and close below support of $0.83 in the 4HR chart, then we enter short and take our profits at around $0.61.

We should exercise caution in our buys because after all, stochastics is around the overbought territory with IOTA printing lower lows relative to the upper BB.

AFTER CLOSING ABOVE $136, MONERO BULLS NOW AIM $153

alt coin Monero Daily chart
XMRUSD Daily Chart for November 22, 2017

As per our interpretation yesterday, Monero prices are appreciating after closing above $136.

For this move to happen we have to see some strong bullish confirming candlestick today.  It also means going long in the lower time frame whenever there is a stochastic buy signal.

Notice that yesterday’s candlestick ended up as a bull with long lower wick. This close means there was rejection of prices below $136.

NEO BEARS HIT RESISTANCE AT $34

alt coin NEO bears Daily chart
NEOUSD Daily Chart for November 22, 2017

Following that bear divergence pattern in the 4HR chart, NEO price action is now correcting lower following that over valuation.

It is worth noting that a double reversal pattern is also forming along the main support trend line. Additionally, there is whole candlestick forming outside the upper BB.

Further NEO devaluation yesterday made November 18 and 19 highs a retest. It also completes a bear break out pattern.  That means we sell if NEO close below $34.

Either way, this reversal will keep price action oscillating within another large trading range between $45 and $20.

All charts courtesy of Trading View

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AFTER DROPPING FROM $45 NEO BEARS SHOULD WATCH $34 SUPPORT

After lower lows, NEO bears seem to be finding resistance at $34. Nevertheless, given that obvious bounce from $45, NEO looks likely to consolidate within a $20 range especially if there is a break below $34 today. Let’s look at the charts: BEAR PRESSURE IN 4 HR CHART BUT NEM BULLS STILL IN CHARGE If … Continue reading AFTER DROPPING FROM $45 NEO BEARS SHOULD WATCH $34 SUPPORT

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