Fibonacci retracements are potential points of temporary reversal within two particular price levels on a chart. This indicator is so named because it functions based on using Fibonacci numbers as reversal points in a trend.

On market charts, the Fibonacci Retracement tool can be deployed to draw horizontal lines (0%…

Technical analysis involves the evaluation of past price actions to predict future actions. Using tools, indicators, and oscillators, traders identify potentially significant data from a particular period or periods of the market’s past movements; then use the resulting information to make calls on future movements and place their trades accordingly…

Cryptocurrency is a relatively young digital asset class built on a blockchain network. They are not exclusively issued and controlled by a single central authority, but are rather decentralized due to the nature of blockchain technology. The decentralized and fully digital nature of cryptocurrencies form the basis for perhaps the…

It has always been a point of reference for investors and commentators alike that cryptocurrency trading is an exceptionally lucrative venture when leveraged properly. However, much emphasis is on “when leveraged properly”. Volatile movements and spontaneous actions and reactions usually characterize the cryptocurrency market. That is why it is absolutely…

Created by John Bollinger in the 1980’s, Bollinger Bands have become a very well-known and widely used tool in technical analysis. It basically is a trading indicator denoted by three lines, to measure market volatility and identify areas of the market where the asset is overbought and oversold.

Bollinger Bands…

Trading stocks and securities in the financial markets have been around for a very long time. Cryptocurrencies, on the other hand, are quite recent. They are relatively young asset class, springing up and gaining more and more acceptance with the advancement of technology and the greater prominence of different forms…

Asset trading has steadily grown to be one of the most profitable ways to make money, and the steady progression of technology is only reinforcing this position the more. The most popular way to profit from the markets is by identifying an undervalued asset, buying it when it is low…

Compounding, also known as interest upon interest, is a system that calculates interest or capital gains on an investment based on the capital AND the interest. This is as opposed to linear or simple interest. Linear or simple interest calculates the interest on an investment based solely on the capital…