71% of Monfex Traders Realized Substantial Profits After Bitcoin Surged Up 25%

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Apr 26, 2019 at 13:22 // PR

We are excited to reveal that 71% of our clients realized double-digit profits following a massive Bitcoin rally on Apr 2, 2019, which took the price of Bitcoin upwards by more than 25% in just two hours.

We know that some crypto exchanges experienced auto-deleveraging events on that day, which led to the forced closure of profitable positions for their clients and prevented them from realizing the full potential of the Bitcoin’s sharp price movement.

While such operational deficiencies can occur from time to time, even in big companies, we believe that such instances are unacceptable in the trading industry, because their outcomes can be especially painful for traders.

In this respect, we are thrilled to reveal that on Apr 2, despite high market volatility, all brokerage systems at
Monfex were exceptionally stable, and all of our clients’ trading orders were successfully filled. 

At Monfex we strongly believe that the safety of our clients’ profits and deposits comes first. Therefore, we always maintain the operational effectiveness of our brokerage systems at the highest level.   

Monfex Research has Successfully Projected that Growth

As mentioned, over the past week, the Bitcoin price has surged up by $1,070 to $5,240, equivalent to an astonishing 25.7% week-over-week growth.   

Monfex Research had successfully projected that growth in the past week’s technical analysis, which has led to more than 70% of our clients making substantial profits!   

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At Monfex, we provide our clients with a significant advantage by publishing professional, high-quality market research. Our clients regularly receive the best trade ideas, trading strategies, trading signals and reviews of the latest Bitcoin news.   

Specifically, for our clients, we designed an integrated approach to market analysis, which combines advanced technical analysis with insightful fundamental research and provides a precise and rich context for our trade ideas and signals. This allows our clients to stay on top of current market trends and maximize their profits!   

To emphasize the high quality of our research we’d like to cite one paragraph from our last week’s analysis titled “Bitcoin And Ethereum Are Heading Upwards”: 

“On a daily timeframe for BTC/USD, technical analysis tools generate an upward trend recommendation with the forecast horizon of 1 week. Technical indicators and chart patterns indicate an accelerating trend upwards, and there are no signals of a possible trend reversal currently.”   

As you can see from the chart above, the market has grown up by 25.7% w/w and our analysis has proved to be correct. If you are an active trader – open an account at Monfex today and start trading to profit from existing ideas and many more profitable opportunities to come!   

Disclaimer. This press release is paid and provided by a third-party source. This press release is for informational purposes only and should not be viewed as an endorsement by CoinIdol. We take no responsibility and give no guarantees, warranties or representations, implied or otherwise, for the content or accuracy. Readers should do their own research before investing funds in any company.

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