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Energy DigiTech Summit (London, United Kingdom – May 14-15, 2020) – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Energy DigiTech Summit” conference has been added to ResearchAndMarkets.com’s offering.

Energy landscape of tomorrow – implementing digital transformation tools to achieve customer engagement and operational excellence

Global investments in renewable and clean energy continue to grow all over the world with a continued upgrade in energy policies. Continued technology improvements and the influence of new financing guidelines and regulations continue to intensify the opportunities in the energy space.

Now, supported by advances in emerging technologies like artificial intelligence, blockchain, the internet of things and more, the growing digitization, automation, communication, connectivity, and decentralization are on their way to fundamentally transform the way nations manage diverse energy sources, supply chains, and energy management processes.

Learn about how the next innovations and advanced functionalities in technology can be inducing in lowering the energy transmission cost & improve efficacy. Gain a better understanding of emerging technologies like artificial intelligence, blockchain, internet of things and more with speakers sharing strategies to improve the energy transmission process.

Engage in meaningful discussions with the most prominent industry experts to address the critical challenges in energy management. Discover strategies to effectively implement digital transformation tools to achieve operational excellence

This summit will discuss how technological transformation changes the way energy is produced, transmitted, managed and used as it is essential to understand and evaluate the emerging trends in technology that could transform the grid further.

Key Highlights

  • Digital transformation and smart grid implementation
  • Impact of energy regulations
  • Energy as a service – The Gen Next Evolution
  • Technology improvisation and new tools- Machine Learning & Artificial Intelligence

Who Should Attend:

  • Energy professionals from Utilities companies
  • Transport and System Operators (TSO) companies
  • Distribution and System Operators (DSO) companies
  • Government & policymakers
  • Universities

For more information about this conference visit https://www.researchandmarkets.com/r/8jm4kx

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

[email protected]
For E.S.T. Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Business Wire , 2019-12-03 22:42:24 ,

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NewsBlock © 2019 - 2020 All rights reserved.

NewsBlock © 2019 - 2020. All rights reserved.


While Bitcoin’s price seemingly moves without rhyme or reason — collapsing by dozens of percent and embarking on face-melting rallies on a whim — the cryptocurrency market is filled to the brim with fractals.

Related Reading: Analyst: Bitcoin Price Likely to Fall to Low-$8,000s as Chart Remains Weak

A brief aside: A fractal, in the context of technical analysis and financial markets anyway, is when an asset’s price action is seen during a different time. This form of analysis isn’t that popular, but it has proven to be somewhat valuable in analyzing Bitcoin.

One recent fractal popularized by a well-known cryptocurrency trader is implying that BTC is going to return to the low-$7,000s in the coming days.

Bitcoin Fractal Implies Retracement to Low-$7,000s

A well-known crypto trader going by “Tyler Durden” on Twitter recently posted the chart below, which shows that a Bitcoin price fractal may be playing out. The fractal has four phases: horizontal consolidation marked by one fakeout, a surge above the consolidation phase, a distribution, then a strong drop to fresh lows.

If the fractal plays out in full, BTC could reach the low-$7,000s again, potentially as low as $7,100. This would represent a 20-odd percent collapse from the current price point of $8,800.

It isn’t only a fractal that is hinting Bitcoin has the potential to visit its lows. As we reported on Saturday, Bloomberg believes that if the GTI Vera Convergence Divergence Indicator flips red, a downtrend could push the cryptocurrency back to $7,300.

Related Reading: Stephen Colbert Pokes Fun at Bitcoin in Monologue: Mainstream Gone Wrong?

Can Bulls Step In?

But again, many believe it is irrational to have such bearish interpretations of the cryptocurrency’s chart at the moment. As reported by NewsBTC earlier, Popular crypto trader Mayne recently noted that the “people waiting for $6,000” are irrational. He quipped that Bitcoin retracing and consolidating after its fourth-biggest bull move in history ($7,300 to $10,500, a 42% gain) is perfectly par for the course, but noted that it’s totally possible we can go lower from $8,800.

The medium-term technicals support this.

Trader and CoinTelegraph contributor FilbFilb found that by the end of November or start of December, the 50-week and 100-week moving averages will see a “golden cross,” which he claims is far more significant” for the Bitcoin market that other technical crosses.

Also, a Bitcoin price model created using Facebook Prophet machine learning found that the leading cryptocurrency is likely to end the year at just over $12,000. What’s notable about this model is that it called the price drop to $8,000 months in advance, and forecasted a ~$7,500 price bottom for BTC.

To put a cherry on the cryptocurrency cake, Crypto Thies observed that when Bitcoin bottomed at $7,300, it bounced decisively off the 0.618 Fibonacci Retracement of the move from $3,000 to $14,000, which correlates with the two-week volume-weighted moving average. He added that summer 2019’s consolidation was marked by Bitcoin flipping major resistances into support levels, implying that a bullish reversal and subsequent continuation is likely possible in the coming weeks.

Featured Image from Shutterstock


Nick Chong , 2019-11-10 12:00:38

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