#Educational
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.
#Educational
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.
The price of #INJ reached the very important resistance of $4.9 and could not cross it considering that it has broken its upward trend line and we are witnessing a negative divergence in the daily time frame. There is a possibility that the price will fall to the $4.0 support.
The price of the #LINK reached the support level of $6.30 and was well supported from there. It also formed a harmonic pattern, and after breaking the downward trend line in the 4-hour TF and retesting it, an upward trend line was formed. We expect the price to rise again to $8.30 .
#Educational
What Is a Stop-Loss Order?
A stop-loss is designed to limit an investor's loss in a security position. For example, setting a stop-loss order for 10% below the price at which you bought the coin will limit your loss to 10%. Suppose you just purchased Bitcoin at $20K . Right after buying the bitcoin, you enter a stop-loss order for $18K . If the price falls below $18K , your Bitcoins will then be sold at the prevailing market price.
What Is a Stop-Loss Order?
A stop-loss is designed to limit an investor's loss in a security position. For example, setting a stop-loss order for 10% below the price at which you bought the coin will limit your loss to 10%. Suppose you just purchased Bitcoin at $20K . Right after buying the bitcoin, you enter a stop-loss order for $18K . If the price falls below $18K , your Bitcoins will then be sold at the prevailing market price.