19.8 C
New York

Tag: trend

Online payments via Bitcoin – how widespread is the trend?

https://unsplash.com/photos/4KJJezDyo3M Bitcoin transactions have increased enormously over the past few years. Image Credit: Kanchanara/Unsplash Today, bitcoin is increasingly perceived as an object of speculation. The price...

Top News

Ripple’s XRP Projected To Surpass $2.55 By December 2022 Following SEC Lawsuit Outcome

Ripple’s ODL Service On The Verge Of Reaching Global Coverage — And That’s Fiercely Bullish For XRP
The report, which was updated on May 4 entailed consulting a panel of 36 industry experts for their thoughts on how XRP will perform over the next decade should Ripple win or lose the case against the Securities and Exchange Commission (SEC).

US DoD Unmanned Aerial Vehicles Report 2021-2025: Market Participants, Customers, and Department of Defense (DoD) Agencies that Influence the Industry – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “US DoD Unmanned Aerial Vehicles Growth Opportunities” report has been added to ResearchAndMarkets.com’s offering. This research service focuses on the US military unmanned aerial vehicles (UAVs) market. The base year for spending information is 2021, and example market participants and market size estimates for the years 2021 to 2025 are provided. This study […]

The post US DoD Unmanned Aerial Vehicles Report 2021-2025: Market Participants, Customers, and Department of Defense (DoD) Agencies that Influence the Industry – ResearchAndMarkets.com appeared first on Fintech News.

Ethereum price hits $3.2K as anticipation builds ahead of the ‘Merge’

Tag Template - News Hub PRO

ETH price made a clear trend change and aims for the $3,800 level after traders’ anticipation of the upcoming Merge lures the bulls back to the market.

Will Magic Leap 2 AR Glasses Lead the Way to the Metaverse?

Magic Leap released a preview of its new AR glasses, Magic Leap 2. Will this attract consumers to the metaverse?

Litecoin (LTC) Price Analysis: More Gains Possible Above $130

Litecoin is eyeing an upside break above the $130 resistance against the US Dollar. LTC price is now trading above $120 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $121 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could...

The post Litecoin (LTC) Price Analysis: More Gains Possible Above $130 appeared first on Live Bitcoin 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.

Tag Template - News Hub PRO

3 leading Fintech trends to watch in 2022

  By FintechNews staff   -We have seen dramatic growth in FinTech during the pandemic. As the banks shut down, people largely relied on virtual financial services. For example, in the United States, 59% of Americans use more fintech apps now than they did prior to the pandemic. With all these changes happening, we highlight 3 […]

The post 3 leading Fintech trends to watch in 2022 appeared first on Fintech News.

Pretty soon, you can rent an iPhone with monthly subscription fees

Here are the top trending news from the world of Technology 1) Pretty soon, you can rent an iPhone with monthly subscription fees If Apple has its way then you can pretty soon rent an iPhone by paying a monthly subscription fees. According to Bloomberg, Apple is seriously planning to launch a hardware subscription service [...]

The post Pretty soon, you can rent an iPhone with monthly subscription fees appeared first on Platform to Showcase Innovative Startups and Tech News.

Crypto Analysts Point to Key Levels Solana ($SOL) Must Surpass to Maintain Bullish Trend

Popular cryptocurrency analysts have been analyzing Solana’s price performance to determine key levels $SOL must surpass in order to maintain its bullish trend, and have shared their results on social media. The price of Solana has moved steadily upward over the last few days, with the smart contracts platform moving above $100 for the first […]

Is ENJ catching up to metaverse heavy-weights like MANA and SAND

Tag Template - News Hub PROEnjin Coin price has seen three green days with a nice run-up. This move comes after ENJ bulls breached a declining trend line that subdued it since 25 November. The recent uptick in bullish momentum suggests that ENJ is leading the Metaverse coins like MANA or SAND. Metrics forecast more gains  Enjin Coin price crashed […]

Ethereum: Measuring the potential of this bullish case despite a possible correction

Tag Template - News Hub PROFrom its ATH, the king alt has been on a downslide over the last four months. However, the bulls finally breached this long-term bearish trend after their recent rally. Now, a fall below the $2,994-mark could pull the alt towards the 20 EMA support near the $2,800-level. Owing to the northbound direction of its near-term […]

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.

Tag Template - News Hub PRO

Recent articles

spot_img