French shows interest in blockchain, Financial inclusion & cyptocurrency

BTC has established the c wave in the channel, we are expecting the upper band of the channel to be tested once again, breaking the 3k region. But the wave should not be long lived with another retracement before commiting to price action above the 3k region. If there is too little strength in the bears to sell at the 3k region we might see the channel break out.

We are still in an uptrend , as trend traders we will only assume long positions, with retracement being our oppotunity to increase our position size.

As I had mentioned previously, we are already approaching the final wave of impulse(trending wave) on the long term chart, although the high probability scenario now will be long. We need to keep our take profit region tight and have in mind a strong bear could be appearing anytime soon.

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NEWS UPDATE

Financial inclusion & crytocurrency: Why we need AML/KYC safe harbor by Coindesk

AML refers to anti money laundering
KYC refers to know you customer
Both are very important regulation that banks must adhere to as part of compliance.
This article mainly talks about bringing back 'de-risked' areas and industry back and its uncertainly.

Blockchain in France: Primer on emerging market
More interest are blooming in France in the block chain field, french government are showing interest in the technology.
Read more to find out the French ecosystem and French education system is responding to blockchain!

Dear steemians,
I will like to share more indepth details on how to use certain indicators, ie fibonacci ,elliot waves and many more. I appreciate it if you geniunely want to learn that, comment and let me know, if there are enough attention for that content, I will most definetely share.

For my steemians that are new here, I chart and update possible scenarios. Anyone telling you they can chart once and that will happen definetely, you have to link me to him/her. Over the years, charts to me are constantly updated as price action forms new scenarios etc, if you are trading on my chart and expecting guarantees, you will be disappointed for sure. "Triangle formed yesterday cound most definetely become a rectangle today" But I will always point out the highest probability scenario to you.

Disclaimer

*I am not a guru...
*These chart and infomations provided are my personal view and ideas on the market, use it at your own risk.
*Trading is risky business. You and only you are responsible for your trades. Do trade with caution.
*Trade with money you can afford to lose, not the money you and your family needs to survive on.
*Trading is all about consistancy, there is no holy grail that takes you straight to heaven.(let me know if you have found one)

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