After pumping, #CFX price reached the resistance of $0.3700 and failed to cross it, and there is a possibility of another decline to the support of $0.1380.
🇺🇸 $2 trillion could be injected into the US banking system by the Federal Reserve's emergency loan program, JPMorgan says.
The price of #GALA broke the trend line and grew to the resistance of $0.04650. Now it is back on the trend line. We expect that the price will move in this area and then we will check the possible next steps according to its movement.
After breaking the downward trend line, the price of #AGIX increased to 0.56 dollars and a resistance was created in that area and prevented further price growth. As long as the uptrend line is not broken, the uptrend will continue.
#LQTY price moves in an ascending channel. After reaching the ceiling and the decline, it has now reached the support zone of $2.40-2.53. If this support is held, we can expect another price rally to $3.80
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Momentum
Momentum is one of the more important indicators that the price will continue in the same direction. We speak of a momentum candle when the candle is comparably larger than the candles that precede it. Often, momentum candles will close strong, meaning that there is little to no wick when the candle closes.
In the example, you can see how price initially contracts: small candles with a narrow range of motion. All of a sudden, we can see a bullish momentum candle: much larger than the previous candles and with a strong close. This candle also crossed the moving average, and as you can see, it triggered the start of a new uptrend.
Momentum
Momentum is one of the more important indicators that the price will continue in the same direction. We speak of a momentum candle when the candle is comparably larger than the candles that precede it. Often, momentum candles will close strong, meaning that there is little to no wick when the candle closes.
In the example, you can see how price initially contracts: small candles with a narrow range of motion. All of a sudden, we can see a bullish momentum candle: much larger than the previous candles and with a strong close. This candle also crossed the moving average, and as you can see, it triggered the start of a new uptrend.
#BTC stablecoin pair trading volume is currently at an all-time high of 87.5%
The price of #INJ has reached the support of $4.500 . If the trend line is not broken, it is likely that in the next step the price will be able to break the resistance and grow up to $5
#MATIC's price has been moving in an upward channel for a long time. After reaching the bottom of the channel, it started to grow again, and it is moving towards the top of the channel along a trend line until the trend line is maintained, the upward trend will continue.
#Bitcoin price broke the $25,000 resistance. There is more possibility of climbing. The market looks strong. The banking crisis has increased the transfer of money to #Bitcoin and #cryptocurrencies
JUST IN : 186 banks found to have similar vulnerabilities as #Silicon_Valley_Bank, WSJ reports.
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What is a Golden Cross?
A Golden Cross is a basic technical indicator that occurs in the market when a short-term moving average (50-day) of an asset rises above a long-term moving average (200-day). When traders see a Golden Cross occur, they view this chart pattern as indicative of a strong bull market.
What is a Golden Cross?
A Golden Cross is a basic technical indicator that occurs in the market when a short-term moving average (50-day) of an asset rises above a long-term moving average (200-day). When traders see a Golden Cross occur, they view this chart pattern as indicative of a strong bull market.