Bluehelix Exchange(BHEX) Daily Crypto Watch & Perpetual Contract Strategy (Nov 6th 2019)
Bluehelix(BHEX) is the leading DeFi Services & Tech Provider and is dedicated to providing world-class professional financial trading and assets management services. Bluehelix has businesses of Bluehelix Exchange, Bluehelix Cloud, and Bluehelix Chain. The in-house developed Bluehelix decentralized blockchain-based assets custody and clearing system serves more than 120 BlueHelix Cloud Partners with 5 million end-users with custody of more than 6 billion USD worth of assets.
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What is Perpetual Contract?
Perpetual contract is a derivative product that is settled in digital tokens such as Bitcoins (BTC). Traders enter either into a long (profit from upward trend) or short (profit from downward trend) position. Available leverage ranges from 1–100x.Find out more about Bluehelix Exchange(BHEX) Perpetual Contract

Kevin Weil, VP of Product at Facebook’s Calibra spoke at the Web Summit Technology Conference. He said the Facebook cryptocurrency Libra would be similar to email technology and that the number of Libra Association members is expected to increase.
It was reported that Bitcoin futures from CME Group suffered another flash crash. BTC/USD futures suddenly fell below $8,500 and then rebounded to $9,300. This lower level has created a gap in futures trading.
The Chairman of the Bank of China said they are conducting research on digital wallets and that there is a huge potential of blockchain scenarios to be discovered.
Market Situation:
Currently, Bitcoin is floating at around 9300. The volatility is slowing and paving the way to a consolidation corridor very similar to the wyckoff consolidation. The lows are rising and the market selling pressure reduced which will benefit the bulls. Look out for the next resistance level of 9500 and 9900.
Leading cryptocurrencies Ethereum, Litecoin and Ripple spotted huge buying orders, the intention is still uncertain. The market trend is very uncertain. Traders have to pay more attention to the risks involved.
(The above is an opinion, not financial advice)
Bluehelix Exchange(BHEX) Perpetual Contract Strategy (Nov 6th 2019)

The volatility of Bitcoin is narrowing, trapped between the heavy support and resistance and the recent spike has caused the trading towards sideways. Bitcoin is now entering into a consolidation corridor which is very similar to the wyckoff consolidation. Be patient and wait for a clearer direction before placing large orders. The 9500 and 9720 are the major resistance levels and supports are at 9080 and 9000.
Primary Strategy: Long 9280, Stop Loss 9160, Target 9500.
Secondary Strategy: Short 9700, Stop Loss 9780, Target 9400.
(The above is an opinion, not financial advice)
Bluehelix Exchange
Bluehelix Exchange is an innovative trading platform. Bluehelix Exchange can maintain the high performance of millions of transactions concurrently after achieving the security and credibility of decentralization. Bluehelix adopts the model of super-node and global custody and liquidation Blockchain technical framework and has the traditional financial level of business, technology and compliance capabilities. Users’ assets are managed entirely through decentralized Blockchain technology, providing transparent services for crypto assets to individuals and institutions.
Bluehelix Token(BHT)introduction
BHT is the token issued by the Bluehelix trading platform ecosystem, which carries the core values of the Bluehelix ecosystem, including the Bluehelix trading platform, Bluehelix Cloud, and the decentralized custody and clearing Bluehelix Chain supported by patented Bluehelix blockchain infrastructure technology.
Bluehelix will use 80% of its profit from Bluehelix Exchange, Bluehelix Cloud, Bluehelix Chain to buyback-to-burn BHT quarterly until its total issuance of 1.05billion.
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