Written by Cyatophilum - Created 2 years ago - Last edited 2 years ago
Introducing the "Trend or Range?" Indicator
Understanding market conditions is a cornerstone of successful trading. Whether you’re trading cryptocurrencies, stocks, or forex, identifying if a market is trending or range-bound can drastically enhance your strategy’s effectiveness. The "Trend or Range?" indicator is here to simplify this process.
What Is the "Trend or Range?" I ...
We are thrilled to announce that short bots are now available!
In this article, we will see why a short bot could be interesting, how it works, and how to trade safely.
Why use a short bot?
Just like a buy and sell bot, the idea of a short bot is to make a profit out of price action, but in a bear market.
For a buy and sell bot, we just need a simple spot trading wallet, ...
Ethereum is now trading at $2600 and this month saw a lot of volatility but mainly bearish as the price went from above the $3000 level down to the exact 0.236 Fibonacci level at $2130.
The August monthly candle is printing a long lower shadow and the close above or below the 24 months EMA will be crucial to indicate a global trend. It will be 3 bearish candles in a row, which has been the maxi ...
Welcome to our weekly analysis of the cryptocurrency space.
BTC/USDT
The BTCUSDT chart shows Bitcoin trading within a descending channel, with recent price action bouncing off the lower boundary of this channel, indicating potential support around the $53,000 level. The RSI indicates bullish divergence, suggesting a possible trend reversal or a strong bounce from this support level ...