ABCC receives sponsorship of Delta Summit and reaches Top 5 in Google Play

ABCC is a cryptotrading platform equipped with a team of international industry experts. ABCC was founded with the goal of providing a smooth, user-friendly trading experience. The company also focuses on helping investors identify interesting blockchain assets and provides a secure online trading platform with professional trading services.

Since its inception, ABCC has attracted global interest from investors and crypto currency experts around the world. The commitment of the ABCC team and consultants shows how successfully the company has grown and reached every single milestone: from the introduction of ABCC itself to the introduction of the ABCC Token (AT), from the ABCC Membership Program to the ABCC Cloud.

The mining performance since the release of the AT tokens on July 9, 2018 continues to be extraordinarily successful, the trading volume once rose to 5th place of all coins and continues to rise continuously.

ABCC: free listing for Bitcoin profit

The successful launch of ABCC’s free listing via community voting is another important step for the Bitcoin profit company. The experienced ABCC team takes all necessary steps to evaluate each blockchain project. Project qualification reviews, political risk and other background checks made by onlinebetrug are carried out to ensure that the listed projects have great potential and are committed to long-term performance, which in turn helps to minimise users‘ investment risk.

The ABCC team will rigorously review each blockchain project it deems appropriate. The data collected will then be checked for validity. The ABCC team invites all projects that pass the preliminary review to a detailed discussion. Strict due diligence is carried out with regard to the creditworthiness of the blockchain project. Qualified projects on the ABCC platform will then be shortlisted.

ABCC has not only managed to eliminate the ICO guesswork, but also to convey a sense of security through the verification process conducted by a trusted team of professional „crypto gurus“. This gives new investors and all ABCC users access to a shortlist of ICOs with significant potential and a large community of like-minded people to support them in word and deed.

Delta Summit 2018 about Bitcoin profit in Malta

With the growing interest of investors in the Digital Asset Exchange platform, ABCC opens its first Bitcoin profit expansion to Europe. The Delta Summit will take place on 3 and 5 October 2018 in Malta. ABCC will also be there and is one of the main sponsors of the Bitcoin profit Delta Summit along with Binance and OKEx.

The Summit will be a platform where investors and experts can share their experiences with the industry audience. It offers an excellent opportunity to be part of an exclusive crowd of crypto experts, investors and blockchain enthusiasts. The Summit also provides an exciting opportunity for crypto enthusiasts to connect and learn about the latest developments in the blockchain industry.

The Delta Malt Summit will showcase innovative, new and some exceptional start-ups in the crypto universe, as well as top-class keynote speakers.

Ethereum (ETH) – Course analysis KW17 – Course shortly before Cup-and-Handle-Pattern

The upward trend of last week could be continued. On 24 April, the Ethereum price reached its monthly high of 580.90 euros. Although the price dropped to below 500 Euro in between, it was able to rebound on the uptrend and continues this trend. The price is about to form a cup-and-handle formation.

The Ethereum price rose this week

Another rally lifted the price to 580.90 euros. After the price was overbought, it tested the upward trend, could bounce off it and now rises again.

Overall, the assessment is bullish. Most important support and possible stop loss is 542.72 Euro, first resistance is 580.90 Euro.

The crypto spring is also noticeable at Ethereum. The targets stated last week were all reached and even outbid. The rally came to a temporary end at 580.90 euros and an overbought RSI, which led to a test of the upward trend. However, the share price bounced off this test and has been rising since then. Currently, a cup-and-handle pattern seems to be forming to confirm this, but Ethereum still has to rise to 580.90 Euro.

The MACD (second panel from above) is positive and recently rising again. The MACD line (blue) is above the signal (orange). The RSI is at 64 and thus bullish. Overall, the situation is bullish according to the price, trend and indicators.

Support and Resistance

The first support is at 542.72 Euros and is described by the recently breached plateau. Further support is described by the uptrend, which coincides with the exponential moving average EMA50 and yesterday’s correction at 507.07 Euro.

The first resistance is described by the monthly maximum to date and is at 580.90 Euro. Should the price overcome this level, a further resistance would be described by the resistance tested in mid-March at around 600 euros.

Entry Points, Stop Losses and Targets
Currently a long position offers itself, with which as stop Loss the support with 542.72 euro is selected. The first target would be at 580.90 Euro and the second at 599.97 Euro. In principle, one could bet on the Cup-and-Handle pattern after overcoming the first mentioned resistance, but one should strictly look at the RSI – should it be overbought, one would be advised to realize some profits and rather use a consolidation for a re-entry.

If, despite the bullish outlook, the price falls below the stop loss, the support provided by the uptrend can be observed and can be a possible re-entry point.

Disclaimer: The price estimates presented on this page are not recommendations to buy or sell. They are merely an analyst’s assessment.