BTCUSD Market
Potential Break through Resistance Line, BTCUSD
B. Bands are narrowing close to the resistance zone . Bullish candle that breaks through the upper band and spike in volume could result in bullish price movement. On the other hand, if bearish candle...
What is Bitcoin?
Bitcoin (BTC) is a cryptocurrency that appeared in circulation in 2009. It was created by Satoshi Nakamoto. Although, until today we do not know in 100% who this person is (or maybe it is a group of people).
Anyway, Bitcoin is a specific currency that anyone can "mine" on their own hardware...
What is Ethereum?
Ethereum (ETH) is a cryptocurrency that was created in 2013 by Vitalik Buterin. In 2013, Vitalik came up with idea of creating this currency after reading a study about Bitcoin. Often, it is said today that ethereum is bitcoin 2.0. Although at first glance, both cryptocurrencies operate on...
What are Smart Contracts?
Ethereum Technology
The year 2015 was very important for blockchain and cryptocurrency technologies. It was at that time that Ethereum appeared on the market. Unlike Bitcoin, Ethereum's main task was to create a fully decentralized application platform for users.
In addition to modern technology...
What is Monero?
Monero (XMR) is a cryptocurrency that appeared for the first time on April 18, 2014. It is not known exactly who created it. Anyway, its creator probably withdrew from this project and now other people are working on it.
At the beginning, the cryptocurrency was called Bitmonero (in Esperanto...
What is Dash?
DASH or, as some may refer, Digital Cash (DASH) is a cryptocurrency created by Evan Duffield. The first time it appeared on January 18, 2014. At the beginning Dash was known as Xcoin, later as Darkcoin, and from March 25, 2015 is known as Dashcoin.
It is a decentralized coin and nobody has...
What is Litecoin?
Litecoin (LTC) is another cryptocurrency, whose popularity in the world is systematically increasing. It was created by Charles Lee in October 2011. It allows you to transfer money quickly and cheaply to the whole world. Although, its creator took as an example of bitcoin, which is more popular today,...
Stochastic Oscillator
A stochastic oscillator
The Stochastic Oscillator (Stochastic) is obtained by
calculating the exponential averages from the % K index, which is a current rate of the cryptocurrency.
To analyze this oscillator, it is necessary to determine the
levels of overbought and out-sell. The overbought...
Rate of Change ROC
ROC change rate
ROC (Rate of Change) is next to MACD the most used indicator
of technical analysis.
To analyze this indicator, it is necessary to determine the
overbought and oversold levels. These levels should be set so that in the area
between them there was approx. 90% of the indicator's progress....
Commodity Channel Index CCI
CCI (Commodity Channel Index)
The CCI oscillator is most often
used to determine buy signals. CCI is most often analyzed based on the signal lines line (moving averages).
It is also possible to analyze the ratio based on the overbought
/ oversold levels (see ROC). The characteristic...
Volume
Trading volume
Investors assessing the situation on
futures or crypto markets usually use the three-volume method - price, volume and number
of open orders. It is estimated that the price is the most important. The
volume and number of open interests are usually treated as confirmation
indicators,...
Flags and Pennants
Flag and Pennant
Flag
The flag is one of the most
"secure" formations. It is most often formed in the timeline from 3 to
4 weeks for stocks and 1 to 2 days for crypto and occurs after a very fast (almost vertical) price movement. The flag
announces the continuation of traffic in a given direction.
During...
Wedges
Wedges
An upward wedge
An upward wedge is a
formation that "always" promises a price drop. It often develops
during short rises with long-term falls or in the last phase of the boom.
Determination of the wedge is possible only after noticing four points (1,2,3,4)
turning, which determine the...
Rectangular Formation
Formation of a rectangle
Rectangles are more likely to predict the continuation of
the earlier trend than its reversal. The formation of the rectangle is
determined by horizontal lines routed by two bottoms and tops. Only after
establishing these four points can one speak of the formation of a
rectangle....
Triangles
Triangles (symmetrical, upward,
downward)
Symmetrical triangle
The symmetrical triangle more often
announces the continuation of the earlier movement than its reversal. Formation
is determined by two convergent lines led by two peaks and two bottoms. It is
only after determining these four points...
Diamond Patterns
Diamond Patterns
A diamond can be both a formation of the trend reversal as
well as its continuation. This system has the shape of two interconnected
triangles: the expansion and the isosceles.
The volume increases with the increase of price ranges (the highest
should be at the highest...
V Shape Pattern
V Shape Formation
Formation V belongs to the formation of the reversal of the
trend. This formation begins with a sharp and strong decline, followed by an
equally violent turn and strong reflection, usually due to the appearance of
some unexpected news, which causes the formation to take the shape...
Cup and Handle Pattern
Cup and Handle Formation
Cup and Handle is one of the most profitable formations because the
price increase after breaking out is often very large. When creating a
formation, the shape of the course resembles a cup. Volume
behaves similarly to the rate (it also has the shape of a cup) but its
fluctuations...
Double Top and Double Bottom Patterns
Double Top
This formation (also known as "M") occurs in the final stage of the long- or medium-term Price Increases and promises to reverse the trend. Formation is determined by two price peaks at the same level (green line) separated by a distinct decreases in prices. The turnover volume...
Inverted Head and Shoulders
Head and Shoulders Inverted Formation
The reverse head and shoulder formation also belongs to the
classic price structures that reverse the trend. This structure announces the
end of the downward trend.
Full formation education occurs after determining four
characteristic points (1,2,3...
Head and Shoulders Formations
Head and Shoulders formation
Formation of the head and shoulders belongs to the classics
of technical analysis and is one of the basic price structures reversing the
upward trend. This price structure consists of three peaks shaped at the top of
the upward trend. The left peak (left shoulder) and...
Fibonacci Level Lines
The Fibonacci Levels
The Fibonacci number string is used by many investors around
the world. Fibonacci numbers in investments are most often used in two ways:
As the elimination of vertical price levels and
As target levels, prices in time (level).
Leonardo Fibonacci was one of the...
Charts
Charts
Charts are the investor's best friend on
the stock or crypto market. As an investor, you'll probably use charts more often than
other available tools. As the charts will probably play a significant role in
your investments, it is necessary to familiarize yourself with them. The more
comfortable...
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