The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change in the price movements to evaluate assets overvalued or undervalued conditions. How to read RSI: The RSI is displayed as a line chart that oscillates between 0 and 100 scale....
Bitcoin exchange-traded fund (ETF) continues to be the most eagerly awaited decision from the U.S. SEC. In the U.S., eight firms have tried without success since 2013 to create a bitcoin ETF. SEC has been hesitant to approve the Bitcoin ETF, while other countries have embraced and launched it. Recently, Canada’s securities...
Elliott Wave theory is a method of technical analysis that Bitcoin traders look for recurrent long-term Bitcoin (BTC) price patterns. The Elliott wave theory says that a crypto asset such as Bitcoin (BTC) price movements can be predicted as they move in repeating up-and-down patterns called waves created by investor...
If you’re new to the crypto trade, you have probably checked out Bitcoin’s current price and decided it’s high time to get in on the action before it’s too late. Unfortunately, you might struggle with the next few steps of the process i.e. determine where and how to store the...
No chart pattern is more common in trading than the double bottom or double top. Double top and bottom patterns in the chart occur when the underlying crypto asset – Bitcoin price moves in a similar pattern to the letter “W” (double bottom) or “M” (double top). A double top...
Fibonacci retracement levels indicate where the price might find support or resistance. They are based on Fibonacci numbers and each level associates a percentage. Traders attempt to use them to determine critical points where an asset’s price momentum is likely to reverse. What Fibonacci Retracement Levels Tell You? Fibonacci retracements...
There are trillions of web pages, however, gathering the information that matters to the users is a challenge. Current websites typically have static information or user-driven content, such as forums and social media. While this allows publishing information to a broad group of people, it may not cater to a...
When a trader looks at the BTC price chart or any other crypto asset, it may appear to be completely random movements. This is often true, yet, within those price movements are patterns. Chart patterns are geometric shapes found in the price data that can help a trader understand the price action, as well...
Distributed ledger technology, usually known as the blockchain, has its underlying foundations in Bitcoin. However, blockchain is developing past its cash starting points, making advances into the monetary administrations and tech ventures toward upgrades in activities and money. Is blockchain prepared for the oil and gas industry? Is it publicity—or...
The Aviation industry is enormous, compound, and interconnected which is nowadays growing swiftly. Stipulation for new commercial aircraft may outstretch approximately 40k planes over the next twenty years. As the industries that assemble, handle, and service aircraft expand, they are soliciting out AI, 3D printing, and other abilities, technologies, and...
