As a resource in candlestick trending, we can apply the Fibonacci extension for upward price projection or Fibonacci retracement for downward projection. Each support may provide strong resilience and, therefore a potential trend reversal.
Today let’s take the next step in determining more sophisticated patterns that will indicate a bullish or a bearish signal to traders. Namely, triangle, wedge, flag, and head & shoulders patterns.
Let’s go through some simple Japanese candlestick patterns today. Don’t worry. We will not be doing anything elaborate. Instead, we will just show you three patterns that you can incorporate into your daily analysis.
The candlestick creation is an ongoing battle between buyers (the bulls) against the sellers (the bears) during a pre-selected time frame. The time frame can be 1-day, 4-hour, 1-hour, 15-min, etc. Read on and find out more about these fascinating patterns.
The cryptocurrency market can be a hard one to gauge, especially if you are a newbie trader. You must have seen all these fancy price charts and crypto trading strategies that barely make any sense. What’s with all the lines! What’s with all the curves? What is RSI? Whether old-school traders want to admit it […]
Digital wallets form the backbone of the crypto ecosystem since they store your public address and private key. Depending on what you want to do with your crypto, there are many wallets that you can choose from. Today let’s look into paper wallets. Plus, don’t forget to take the quiz at the end and get free Bitcoin.
A hardware wallet stores your private keys securely. Hardware wallets are offline wallets and are considered safer than desktop, mobile, or exchange wallets because they are not connected to the internet. Find out more in this article. Plus, don’t miss out on getting some free Bitcoin at the end!
As cryptocurrency is rapidly going mainstream, many conservative investors – who are passively buying and holding low-cost ETFs and dollar-cost averaging in an online brokerage account – are equal parts crypto curious and crypto cautious. However, the versatility of crypto makes it ideal for almost any portfolio. Find out more.