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However, the fact the price has moved above its channel should create caution. It would be necessary to wait and see if the market has now found new momentum or simply a higher top side to the channel. As price moves from point 1 to point 2, it may be tempting to open a short position at point 2 with the view that a new bear trend is underway. Only to find that price is now heading back higher again and trading within a range.

Correct identification of market regime will allow you to avoid buying when the market is about to turn down, or selling when the market is about to retrace back up.

Please open the email we sent you and click on the link to verify your account. Users will have to register to use the coin, but Facebook will guarantee that wallets and transactions will be completely anonymous. The development has not been officially announced, but reportedly the coin is to be launched on the Ethereum blockchain via an ICO within the next two weeks.

Given the size and reach of Facebook, it seems safe to assume that the ICO will rival the 1.

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