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Direction of price movements over time. The wicks at the bottom and top represent the lowest and highest prices in that period, respectively. Candlestick charts are the most popular and widely used charts in cryptocurrency trading, likely as they provide the same information as bar charts but in a more easily understood format. Each candlestick represents a specific time period […]
Cool feature: Koinly gives users an income overview so they can see all the cryptocurrency they’ve earned from DeFi, staking, and mining. API and blockchain imports: Koinly supports automatic imports from hundreds of exchanges and blockchains. International support: Koinly supports many countries – including the United States, Australia – click – , and Japan. Lacking help center: Compared to other […]
Below is the payoff diagram for a long-call position. On the other hand, the profits are theoretically unlimited as the price rises higher than $102. A short call is when a trader sells a call option. 102. If the asset price is below the strike price, the option holder will let the option expire, and losses are theoretically limited to […]
You can find explanations of these patterns here. 2. Downtrend (Bear Market)- Shows lower highs and lower lows. Trading volume acts as the market’s pulse, which may indicate the strength behind price movements. High volume accompanying a price increase suggests strong buying pressure, while high volume during price decreases indicates significant selling pressure. 1. Uptrend (Bull Market)- Characterised by higher […]
So unless I’ve earned enough to offset that with bot profit, if I were to sell it at this point, I would lose money in total on this bot. A big part of this whole thing is figuring out which coin pairs to pick and that is part of what Dan and his whole training was helpful in figuring out. […]
The shooting star candlestick is a bearish pattern usually appearing at the end of a price uptrend. In other words, many traders decide to sell in anticipation that prices may drop. This candlestick has a short body situated near the bottom. It indicates that an asset’s price slightly decreased by the end of the trading period, even after reaching higher […]
Scammers use a variety of techniques to steal users’ money, some of which only require knowing your wallet address, a Forta Network researcher said.