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Relative Strength Index - RSI

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What is the Relative Strength Index - RSI The relative strength index (RSI) is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset. The RSI is displayed as an oscillator (a line graph that moves between two extremes) and can have a reading from 0 to 100. The indicator was originally developed by J. Welles Wilder and introduced in his seminal 1978 book, "New Concepts in Technical Trading Systems." Calculating the Relative Strength Index - RSI The relative strength index (RSI) is a two-part calculation that starts with the following formula: The average gain or loss used in the calculation is the average percentage gain or losses during a lookback period. The formula uses positive values for the average losses. The standard is to use 14 periods to calculate the initial RSI value. For example, imagine the market closed higher seven out of the p

How to diversify your cryptocurrency portfolio/fund ,Money management, Risk Management.

Ans:- let's assume you have 200$ and you want to trade/invest in cryptocurrency, Then you buy worth 200$ of Bitcoin . Let me tell you something that's biggest mistake of your life because you play ALL IN in BTC and then BTC can Vanish your fund like 'Thanos ' snapping his fingers and "BAM" . So in that condition what you can do like 'Avengers' answer is simple you can diversify your fund in different manners, Below are few tips and Example to diversify :- Tips:- 1:- Always keep backup money if you incurs in loss.  2:- Learn about trading at least basics. 3:- If you want to invest in crypto for short period then forget about investing in crypto,I strongly recommended that investment in crypto is for long purpose only like 1-10 years. 4:- For long term Purpose Buy in ladder and sell in ladder. 4:- Always figure out your Risk-Reward ratio 3:- Always invest those money you can afford to loose. Example of Money Management in cryptocurrency:- 1

MARUBOZU CANDLESTICK

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MARUBOZU CANDLE The   Marubozu  candlestick pattern is a one-candle, easy-to-spot signal with a very clear meaning. It comes in both a bearish (red or black) and a bullish (green or white) form, and it commands attention with its long and sturdy shape. To learn more about how Marubozu candlesticks form, why they form, and what they can tell you about the current state of the market. Formation It doesn’t get any simpler than this! Even the Doji , that tiny little sprite, isn’t easier to spot than the Marubozu . If you think you’ve found a  Marubozu candlestick pattern, look for the following criteria: First,  the single candle involved in the signal should have a long real body.  Second,  there must not be an upper or a lower wick (a.k.a., a shadow). That’s all there is to it!  You’re looking for a big block without any extraneous limbs or extensions. The signal can be white/green or black/red, and it can appear anywhere on the chart. A white/green Marubozu moves up

What is Candlestick ?

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Traders of Crypto-currency and other financial markets often use candlesticks as a great visual aid to what a particular price has done within a certain time period.Candlesticks are formed by showing a candle “body”, a solid area between the open and close price, and “wicks”, which represent the high and low. Sometimes a solid candle can be formed when the open was the low and the close was the high, and thin candles with less of a solid body can be formed when a price is volatile and ranges a lot within the day.Candlesticks can also give clues to price action and the mood of the market towards a certain stock or index. For example, bullish candles form when a market goes up, moves lower, tests support, then springs back to close at a high.Many charting platforms recognize candles and can screen stocks to pull up candidates for a trade. But without solely relying on this technology, it’s a good idea to wrap your head around what these patterns look like.Let’s take a look at four of t

NINE RULES OF CRYPTO TRADING

NINE RULES OF CRYPTO TRADING 1. ONLY INVEST WHAT YOU CAN LOSE You need to have a big heart when you plan to invest in cryptocurrency as you must be in a position to digest this reality that the money spent in cryptocurrency is gone forever. This belief is going to keep you calm and would let you trade using your brain instead of your emotions. The loses do not only result from dips in the market but hacks, bugs, and government regulations remain the other important factors that can cause you harm. Therefore, you are advised to invest the money that you can afford to lose so always make a prudent decision after re-evaluating you current financial status. 2   ALWAYS PAY ATTENTION TO BITCOIN Since all the cryptocurrencies are closely pegged with Bitcoin, therefore, Bitcoin price directly impacts that of all the altcoins. If the Bitcoin price experiences a drastic hike, the price of altcoins go down because people look to exit altcoins to harvest the profit of Bitcoin. Similarly,

Common Mistakes of Newbie Cryptocurrency Traders .

The growth in the cryptocurrency is undoubtedly encouraging more people to participate in it. Far from being just the passing fad that many tagged it to be in 2011, the market has emerged as one of the most popular in the financial space. With this influx of new traders and speculators, there seems to be a constant supply of newbies in the space. A big part of the learning experience are the mistakes that are made by these newbies while finding their feet. Some are hilarious while others can have devastating consequences. There is even a Reddit thread that chronicles some of the mistakes that crypto users have made over the years. It can be argued that the internet has created a culture that has greatly affected the way we do things. The ease of access to information means that it isn’t necessary to know something when you can just “Google” it when needed. The computer is now treated as the personal assistant that knows and does all things for us. With Bitcoin and cryptocurrencies,

How to trade in cryptocurrency? !! All basics for beginners!!

Hello,          Dear friends first basic thing is choose best "Cryptocurrency Exchanger" I'm giving you list of Best Cryptocurrency Exchangers:- 1:- Zebpay   Link:- https://www.zebpay.com/ (If you're Indian, or you can also use "Coinome" Link:- https://www.coinome.com/ 2:- Binance Link:-  https://www.binance.com/ 3:- Bittrex Link:-  https://bittrex.com/ 4:- Cryptop Link:- https://www.cryptopia.co.nz 5:- CoinExchange Link:-  https://www.coinexchange.io/ 6:- Poloneix Link:-  https://poloniex.com/ Here My Contact of TradingView ( https://www.tradingview.com/ ) UserId :- Junkievirus Thank You.