28.3 C
New York

Tag: closing

Davos, Switzerland, 31st May 2022

A week of powerful conversations, immersive activities, and headline performances featured The Summit At Lan Space as one of the most prominent events on...

Top News

Farmers Edge Announces C$75 Million Loan from Fairfax Financial Holdings Limited

WINNIPEG, Manitoba–(BUSINESS WIRE)–Farmers Edge Inc. (“Farmers Edge” or the “Company”) (TSX: FDGE), a global leader in digital agriculture, today announced that it has entered into a C$75 million secured credit facility (the “Facility”) with Fairfax Financial Holdings Limited and/or certain of its affiliates (collectively, “Fairfax”) pursuant to the terms of a binding term sheet. The […]

The post Farmers Edge Announces C$75 Million Loan from Fairfax Financial Holdings Limited appeared first on Fintech News.

Pivot Point Break and Test Forex Trading Strategy

Like in any profession, traders also use tools. This simplifies their trading process and provides objective information which traders could use to support their trading analysis. These tools are what we call technical indicators. Technical indicators are a big part of trading for most technical traders. It allows us to read the market, identify trends […]

La entrada Pivot Point Break and Test Forex Trading Strategy se publicó primero en ForexMT4Indicators.com.

Lessons Learned About Bitcoin From A Canadian Trucker

Updates about the status of the Bitcoin that was donated to the Canadian trucker protests and how people can improve when facing attacks in the future.

How to Read the Crypto Chart?

How-to-Read-the-Crypto-Chart

Trading cryptocurrencies and turning your Bitcoins into money requires the ability to read crypto charts. For making good crypto trades you need to know Dow Theory and Japanese candlestick charts. Every historical price, volume, and time interval is available in cryptography. A chart is used to observe investment opportunities in a digital currency based on its past price movements. By reading cryptocurrency charts, investors can identify market trends and predict the future price movements of an asset. Cryptocurrency Chart Patterns Only a few chart patterns have stood the test of time. There is no “proven” chart pattern that works better than another, unlike less subjective analytical tools. Following are the chart patterns available. Price Channels  Create a series of highs and lows by creating two ascending or descending parallel lines. Prices tend to bounce between these levels of support (lower) and resistance (higher). While most traders buy lower and sell higher, breakouts and breakdowns can be influential. Ascending & Descending Triangle  One horizontal line connects highs or lows, and a second sloped line connects rising highs or falling lows. In a right triangle, the price tends to break out or break down from the horizontal line in the direction of the sloped line. Head & Shoulders  The Head and Shoulders chart pattern is characterized by a temporary high or low, followed by a big move higher or lower, followed by an equal move higher or lower. It looks like a head with two shoulders that are either upside down (bullish) or right-side-up (bearish). Triple & Double Top & Bottom  It is called a triple or double top and bottom chart pattern when the market bounces off the same resistance or support level two or three times in a row. Bullish signals are considered double bottoms, while bearish signals are considered double tops. Double and triple patterns both indicate that prices are about to reverse directions. Rising Wedge & Falling Wedge  The slopes of the upper and lower lines of rising and falling wedges are the same (although they still converge). Rising and falling wedges are reversal patterns unlike ascending and descending triangles. Rising wedges are bearish while falling wedges are bullish. Candlestick Chart In cryptocurrency candlestick charts, time is shown on the horizontal axis, while private data is shown on the vertical axis. It’s important to note that candlesticks show whether the price movement of a market was positive or negative, and to what degree. Candlesticks consist of a body and wicks. The body of each candlestick represents the opening and closing prices, while the top wick represents how high or low the price of a cryptocurrency was during that period. Candlesticks provide users with a great deal of information through their simple structure. Candlestick patterns, for example, can be used to identify potential trend reversals. The bullish and bearish candlestick patterns should be recognized by cryptocurrency traders. Technical Analysis Statistical analysis refers to the study of trends gathered over time to determine how supply and demand affect a particular asset’s future price. Crypto market charts can help investors make informed decisions by letting them know when bullish and bearish movements will end. Bulls, the buyers of an asset, push the price up through bullish movements. It is the downward price movement caused by sellers or the bears. By analyzing price trends and patterns on charts, traders can find trading opportunities. Although crypto charts help monitor market movements, there are some caveats. To better understand technical analysis, one must be aware of the Dow Theory. Here are some key ideas: At the time of pricing, the market considers everything. Existing, prior, and upcoming details have already been accounted for in current asset prices. The crypto market is impacted by a number of variables, including current, past, and future demands and any regulations that may impact the market. Prices do not move at random. Most people follow trends, whether they are long-term or short-term. Analysts focus on the price of a coin rather than every single variable that influences its value.   Dow Theory rests on six fundamental tenets: Markets move in three directions A market’s primary movement is called its primary movement. Market trends can last anywhere from a year to several years. They can be bullish or bearish. Medium swings refer to the second or intermediate movement of a market. A medium time frame is between ten days and three months. A medium swing is based on the primary price change.  A short swing is a minor movement of the market. It is short-term speculation. Market trends have three phases During the accumulation phase, investors buy and sell the coin against the general perception of the market. In the public participation phase, also known as the absorption phase, the rest of the market follows knowledgeable investors. After the absorption … Continued

The post How to Read the Crypto Chart? appeared first on Cryptoknowmics-Crypto News and Media Platform.

What Makes Alpaca BSC’s 3rd Biggest Protocol?

Alpaca Fiance, is an all-in-one lending, liquidity mining, and stablecoin project that has become the third-largest BSC protocol by TVL.
Tag Template - News Hub PRO

Aurora Cannabis Acquires Thrive Cannabis and its Award-Winning Greybeard Brand

EDMONTON, Alberta – Aurora Cannabis Inc. (the “Company” or “Aurora”) (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, is pleased to announce today that the Company […]

The Star Sydney Casino CCTV Footage Shows Junket Operators Putting Stacks of Cash Into Bags

CCTV footage from 2018 raises concerns of potential money laundering involving a junket operator taking place at The Star Sydney casino.

The post The Star Sydney Casino CCTV Footage Shows Junket Operators Putting Stacks of Cash Into Bags appeared first on VegasSlotsOnline News.

Bitcoin Stock-to-Flow (S2F) Model: What You Need to Know

Bitcoin's stock-to-flow (S2F) model is undoubtedly one of the most popular discussion points for the community. In this guide, we go in-depth to find out everything there is to know about it.

Coincheck Exchange Will List On NASDAQ Via $1B SPAC Merger

The Japanese CoinCheck exchange will list on NASDAQ in a $1B SPAC merger with Thunder Bridge Capital Partners as we are reading furhter in today’s latest cryptocurrency news. The Coincheck exchange will list on NASDAQ as it announced plans to go public in the US by entering into a merger agreement with Thunder Bridge Capital […]

Strains of the Week + Giveaway – 23rd to 30th March 2022

Dutch Passion, Phoenix Cannabis Seeds, Barney's Farm, Royal Queen Seeds, and Expert Seeds make it this week to fulfill your greenest desires. Can you resist the Strains of the Week?

The post Strains of the Week + Giveaway – 23rd to 30th March 2022 first appeared on Cannabis Seeds News.

Dogecoin, ETC, Fantom Price Analysis: 23 March

Tag Template - News Hub PROWith Bitcoin closing in above the $42,000-mark, Dogecoin witnessed a jump above its 4-hour 20/50 EMA. But the bulls still needed to ramp up the money inflows into the crypto to maintain its ongoing comeback. Moreover, Ethereum Classic hit its four-month high on 23 March while now displaying overbought signals on its technicals. Similarly, Fantom’s […]
Tag Template - News Hub PRO

Recent articles

spot_img