Learn Fibonacci Levels: The Best Technical Trading Tool

-
By VasilyTrader

Learn Fibonacci Levels: The Best Technical Trading Tool





Comments

Post a Comment

Popular posts from this blog

How, Where To Stake XRP? Is It Profitable?

-
Image
By Deya Hroob The popularity of staking is growing nowadays. You can easily stake various coins in different exchanges such as Binance , Bitrue and Cex.io . How to Stake On CEX.IO Exchange What is Staking? It is the process of holding a coin to receive rewards. Your funds are frozen and for this, you receive passive income in the form of interest. The staking profit depends on the chosen coin. Where To Stake XRP?   You can stake XRP in Bitrue exchange. There are two ways to stake XRP in Bitrue exchange.      1. Hold XRP and earn Interest Rate: 5.3%. Once participated, you will be able to receive your coin interest every day, until you opt out. Holders will earn XRP at 5.3 annual interest as a reward. For every 10,000 XRP put into the program, you will earn 1.45 XRP per day. Your coins will not be locked so you can opt out anytime you want. Minimum amount to join is 10 XRP 2.  Hold XRP for 30 days and earn I...
Read more

How Can You Buy and Stake Shiba Inu Coin?

-
Image
By Deya Hroob Shiba Inu is one of the most popular digital currency in the world. Learn more about this coin and how to buy it and stake it as well. Table of Contents 1.    What is Shiba Inu Coin (SHIB)? 2.    Where to Buy Shiba Inu Coin (SHIB)? 3.    Can you Stake Shiba Inu? 4.    What is Crypto Staking? 5.    Best Place to Stake Shiba Inu? 6.    How much Shiba do you get for Staking? 7.    How to Stake Shiba Inu? a.       WhiteBit Exchange b.      Bitrue Exchange c.       Binance Exchange d.      ShibaSwap DEX 8.    Can I Stake Shiba Inu on Crypto.com? 9.    Is it Safe to Stake Shiba Inu?   What is Shiba Inu Coin (SHIB)? According to Shiba Inu website SHIB is an experiment in decentralized spontaneous community building....
Read more

Two Days Before The 2016 Halving Bitcoin Plunged 11%

-
Image
Bitcoin Halving The Bitcoin Halving is an event that takes place every 210,000 blocks or roughly every four years, where the number of Bitcoin awarded per block mined is cut in half. Over the last three months leading up to this halving, Bitcoin has experienced increasing levels of volatility. Just two days before the third halving in May 2020, Bitcoin experienced a 20% drop in price which was similar to the second halving in 2016 when BTC dropped 11% two days before. History On Track In 2016 and 2020 Bitcoin underwent a halving event in May 2020, reducing the rewards miners receive for successfully completing a block by half. This halving event also had a large impact on the price of Bitcoin, as it halved the number of new Bitcoins that can come into circulation at any given time. As such, this created an increased demand for Bitcoin, resulting in its impressive surge to $10,000 earlier today before dipping below $8,000. After a 20% dip in price, Bitcoin has since reco...
Read more

Where to Buy and Get Free Hedera Hashgraph ( HBAR )

-
Image
 By Deya Hroob Discover the best places to buy Hedera Hashgraph (HBAR), plus learn about ways to get HBAR for free with this easy-to-follow guide. What is Hedera Hashgraph ( HBAR )? Hedera Hashgraph is a smart contract platform that enables developers to build decentralized applications (DApps) with confidence and speed. It is powered by a hashgraph distributed ledger technology which provides a superior consensus mechanism for secure and efficient transactions. The platform also offers over 40 native network services and APIs to create powerful distributed applications with low fees and energy consumption compared to other popular blockchains. HBAR token roles is to power Hedera services like smart contracts, file storage and regular transactions.  Hedera Coin Where to Buy?   You can buy HBAR in many different exchanges like Bitrue , Binance and Huobi . In this post I will focus on buying HBAR in Bitrue Exchange since you can earn free HBAR tokens there. How to Get Hed...
Read more

How to use RSI effectively in Trading

-
Image
  By Deya Hroob  Relative Strength Index (RSI) is a well-known technical indicators among traders. However, some of traders use it in a traditional way or use it wrongly. In this topic we will cover some profitable ways to use RSI.   What is RSI?  Relative Strength Index (RSI) was developed by J. Welles Wilder in 1978. It is a momentum indicator that measures the speed and change of price movements. Many traders use it to spot the overbought and oversold state of the market to initiate long or short position. The readings of the indicator fluctuate between 0 and 100. The RSI is considered overbought when above 70 and oversold when below 30. How to use RSI profitably? 1) Chart Pattern There are numerous chart patterns like Head and Shoulders, Double Tops , Pennants , Flags and many more. We see them forming in price charts. Amazingly, they are also forming in RSI even if they don't show up in price charts. Let's take an example: ...
Read more

Dead Cat Bounce Trading Strategy

-
Image
  By Deya Hroob Dead Cat Bounce Strategy - An Explanation And Examples The dead cat bounce trading strategy is designed to help traders accurately anticipate market movements and maximize their profits. Dive in to learn more!  To summarize the strategy: Identify a pair in a bearish trend. Spot a correction in price. Wait the price to break the last low.   Open short position. Place stop loss above the last high. What is A Dead Cat Bounce Trading Strategy? The Dead Cat Bounce Trading Strategy is an investment technique that traders use to try to profit from the market continuing downward after a short-term price rebound. The strategy is based on the assumption that after such a sharp market decline, the market will only make a temporary recovery before resuming its downward trajectory. So, traders open short positions to benefit from the continuation of the falling trend.    Traders must be careful not to confuse this temporary bounce for an actu...
Read more

NEO fights recovery: Technical Analysis

-
Image
Like other Cryptos NEO/USD has declined more than 50%  since June 26. It fell below the moving averages. The pair is trading now at $11 just above the 200-day SMA. The first resistance can be seen at $11.35, it's the 61.8 Fibonacci retracement level. An upside break up can trigger rise towards next resistance at $13.19. On the other hand, if NEO/USD slips below the 200-day SMA, it may plummet to $8.75 support level. RSI is close to oversold territory which shows that the power of the bears.
Read more

Bitrue lists 27 new XRP-based trading pairs

-
Image
By Chayanika Deka In another boost for the XRP ecosystem, Bitrue , a Singapore-based cryptocurrency exchange announced that it will soon list 27 new XRP pairs on its platform. With XRP as the base pair, the first 14 coins to be paired with it will be opened for deposits and withdrawals starting on 23rd December. The official blog post also revealed that the trading for the pairs will go live on 25th December. For the remaining 13 XRP-paired coins, deposits and withdrawals will begin on January 9th, 2020 following which trading going live on January 13th.     Bitrue’s official tweet  [New XRP Pairs] Just went live @BitrueOfficial ! More to come, happy trading. 🥰 💫 $ZIL / $XRP 💫 $IOST / $XRP 💫 $GNT / $XRP 💫 $ICX / $XRP https://t.co/jo35csRoeP https://t.co/N6Mmj42ttA https://t.co/eMCipgBD7O https://t.co/IYfl85SvX2 pic.twitter.com/tKJmhz1I5Q — Bitrue (@BitrueOfficial) March 27, 2019 Read The Whole Story in AMB CRYPTO
Read more

Dogelon Mars Price Prediction 2023

-
Image
 By Deya Hroob Dogelon Mars Price Prediction 2023: What to Expect? As the hype surrounding Dogelon Mars continues to build, investors may be wondering what the future holds for this digital asset. In this article, we take a look at potential price predictions and what conditions will impact the coin’s value beyond 2023. What is Dogelon mars coin? Dogelon Mars is a meme coin based on Ethereum and Polygon.  the founders of this particular dog coin are unknown. Dogelon Mars has earned its place as one of the top meme coins after a strong performance over the last year.  Despite being relatively new to the market, Dogelon Mars has gained significant attention from both investors and traders looking for a high-risk, high-reward asset.  With more people taking an interest in Dogelon Mars, it will be interesting to see how the coin develops and what price predictions are made for its future. Where to buy Dogelon Mars If you’re wondering where to buy Dogelon Mars, you’re in ...
Read more

Ethereum Price Analysis: Ethereum Struggles to Recover

-
Image
    As the sentiment in the whole Cryptocurrency is weak at least in a short term, Ethereum couldn't scale above the moving averages. Both the 50-day EMA and 20-day EMA make it hard for ETH/USD to advance. Moreover, Ethereum lost the battle with moving averages and breaks down the uptrend line 1 and $190 level. It's a 61.8% Fibonacci level of the rally from $80 to $363. The price has tested and rebounded from the main uptrend line, it's the main and only major support for Ethereum, but if that support also breaks down, the fall can extend to $150 level. RSI confirms the weakness of the bulls. The trend line 1 and the 20-day EMA are at the same level,therefore, traders should expect  strong resistance from them. Traders should be on the sideline at the moment until a clear buy setup appears.
Read more