Ethereum, the second-largest cryptocurrency by market capitalization, has recently revolutionized its network by transitioning to a staking model. This significant shift allows ETH holders to play a more active role in network security and earn crypto staking rewards in return. Staking involves locking up Ethereum tokens to act as a crypto staking validator, contributing to …
In the fast-evolving realm of cryptocurrency trading, where fortunes are won and lost in the blink of an eye, savvy investors are constantly on the hunt for a competitive edge. Amidst this whirlwind of digital assets, technical analysis has emerged as a formidable approach, captivating the minds of crypto enthusiasts worldwide. In this comprehensive guide, …
Crypto traders prefer candlestick charts because of their ease of understanding and visual appeal. If you intend to trade cryptocurrency and Bitcoin in particular, you definitely need to know some candlestick patterns. Candlestick patterns date back to Japanese rice traders. Over time, they have undergone significant changes and have become a vital tool for most …
Traders use technical indicators to gain additional insight into future price movements of an asset. Such tools facilitate the identification of various patterns and provide buy or sell signals under certain market conditions. There are many indicators that are used in day trading, swing trading and sometimes even in long-term investments. While some professional market …
A pattern is a situation where elements of a chart are stacked in a specific, repeating order. A pattern looks like several points or candlesticks on a chart, placed in such a way that when the points are connected, a geometric figure is formed. Depending on the type and direction of the pattern, the trader …
Investing in and trading cryptocurrencies is impossible without the use of technical and fundamental analysis. Despite the popularity of these tools, intraday and swing traders aiming for maximum profits on every market and exchange rate movement more often turn to technical analysis (TA). We propose to examine in more detail what it represents. How to …
Cryptocurrency trading allows you to make a lot of money. High profitability is related to the volatility of asset rates. But to trade successfully, you need to know how to predict the movement of charts. The success of trading is almost 100% dependent on the correct prediction. If a trader correctly determines the future price …