#Educational
Exponential moving average (EMA)
EMA is another form of moving average. Unlike the SMA, it places a greater weight on recent data points, making data more responsive to new information. When used with other indicators, EMAs can help traders confirm significant market moves and gauge their legitimacy.
The most popular exponential moving averages are 12- and 26-day EMAs for short-term averages, whereas the 50- and 200-day EMAs are used as long-term trend indicators.
Exponential moving average (EMA)
EMA is another form of moving average. Unlike the SMA, it places a greater weight on recent data points, making data more responsive to new information. When used with other indicators, EMAs can help traders confirm significant market moves and gauge their legitimacy.
The most popular exponential moving averages are 12- and 26-day EMAs for short-term averages, whereas the 50- and 200-day EMAs are used as long-term trend indicators.
#ETH is being rejected multiple times out of the major resistance zone of $1660 - $1720. Price more likely caught in a range now, but still in a bullish momentum. If #Bitcoin sustain above $24,000, we more likely to see a breakout of this. Alts will follow-up with #ETH, so keep an eye on the levels.
The Helium Network is officially migrating to #Solana on March 27th
#Educational
Trading Rules
✅ Always use a trading plan
✅ Trade every time with same amount
✅ Always use stop loss
✅ Risk only what you can afford to lose
✅ Become a student of the markets
✅ Treat trading Like Business
✅ Protect your trading Capital
✅ Know when to stop trading
✅ Keep trading in perspective
✅ Use Technology to Your Advantage
✅ Develop a methodology based on facts
Trading Rules
✅ Always use a trading plan
✅ Trade every time with same amount
✅ Always use stop loss
✅ Risk only what you can afford to lose
✅ Become a student of the markets
✅ Treat trading Like Business
✅ Protect your trading Capital
✅ Know when to stop trading
✅ Keep trading in perspective
✅ Use Technology to Your Advantage
✅ Develop a methodology based on facts
#Educational
What Is the Risk/Reward Ratio?
The risk/reward ratio marks the prospective reward an investor can earn for every dollar they risk on an investment. Many investors use risk/reward ratios to compare the expected returns of an investment with the amount of risk they must undertake to earn these returns.
Example : If you risk $100 and expect to make $200, your Risk/Reward ratio will be 1:2 .
What Is the Risk/Reward Ratio?
The risk/reward ratio marks the prospective reward an investor can earn for every dollar they risk on an investment. Many investors use risk/reward ratios to compare the expected returns of an investment with the amount of risk they must undertake to earn these returns.
Example : If you risk $100 and expect to make $200, your Risk/Reward ratio will be 1:2 .
#Crypto hedge fund Galois shuts down after losing $40 million to FTX
#DASH going aggresive with Higher Highs and Higher lows . Price is on its way to a strong resistance zone of $81.20 - $85.40. A retracement would be best case for entering a buys. So, wait for a drop till support around $65.00
#NEO has a very important resistance in the area of 13.20-12.20 dollars. And considering the upward movement it has had, we expect it to move another step and reach resistance.
The Chinese central bank injected $92bn #USD into the market on Friday!
This easily outpaces the Fed’s current QT.
This easily outpaces the Fed’s current QT.
#LDO , During the good growth it has made, but it has not yet reached the ceiling of its ascending channel, the growth will continue until it fails to break the dynamic support.
#MKR , After breaking the dynamic resistance, we can now more confidently expect its growth to the price of $820.
#Educational
What is Engulfing Candlestick Pattern ?
#Engulfing candlestick pattern is a popular candlestick pattern used in technical analysis to indicate a potential trend reversal or continuation. It is formed when a smaller candlestick is completely engulfed by the body of a larger #candlestick that follows it.
There are two types of Engulfing Candlestick patterns:
1. Bullish engulfing pattern: This pattern occurs when a small #bearish candlestick is followed by a larger #bullish candlestick, with the body of the latter completely covering or engulfing the body of the former. This pattern is usually seen as a bullish signal, indicating a potential reversal of a #downward trend.
2. Bearish engulfing pattern: This pattern occurs when a small #bullish candlestick is followed by a larger #bearish candlestick, with the body of the latter completely covering or engulfing the body of the former. This pattern is usually seen as a bearish signal, indicating a #potential reversal of an upward trend.
What is Engulfing Candlestick Pattern ?
#Engulfing candlestick pattern is a popular candlestick pattern used in technical analysis to indicate a potential trend reversal or continuation. It is formed when a smaller candlestick is completely engulfed by the body of a larger #candlestick that follows it.
There are two types of Engulfing Candlestick patterns:
1. Bullish engulfing pattern: This pattern occurs when a small #bearish candlestick is followed by a larger #bullish candlestick, with the body of the latter completely covering or engulfing the body of the former. This pattern is usually seen as a bullish signal, indicating a potential reversal of a #downward trend.
2. Bearish engulfing pattern: This pattern occurs when a small #bullish candlestick is followed by a larger #bearish candlestick, with the body of the latter completely covering or engulfing the body of the former. This pattern is usually seen as a bearish signal, indicating a #potential reversal of an upward trend.
#Educational
Stop-loss and limit orders
When trading with us, you can Set stop loss and limit orders to automatically close your positions at market levels you choose.
A stop-loss caps your risk by closing your position when the market reaches a position that’s less favourable to you.
Basically, by using a stop loss , you’re establishing the maximum amount you stand to lose if the market moves against you.
Stop-loss and limit orders
When trading with us, you can Set stop loss and limit orders to automatically close your positions at market levels you choose.
A stop-loss caps your risk by closing your position when the market reaches a position that’s less favourable to you.
Basically, by using a stop loss , you’re establishing the maximum amount you stand to lose if the market moves against you.