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Of course, first and second peaks are perfect point to place sell orders. After the double top has been confirmed and if prices are moving up again with low volume, it is an opportune point to sell. One can sell short with a stop (calculated loss) above the highest peak of the Double top. The next opportune point to sell would be after a Triple ...
A cryptocurrency wallet is a device used to store and manage crypto holdings. It safeguards private keys, which are essential for accessing and controlling your coins.
In finance, being short in an asset means investing in such a way that the investor will profit if the market value of the asset falls. This is the opposite of the more common long position, where the investor will profit if the market value of the asset rises.
The difference between short trading and long-term investing is in the opposite approach and principles. Going short trading would mean to research and pick stocks for future fast trading activity on one's accounts with a rather speculative attitude. [1] [2] While going into long-term investing would mean contrasting activity to short one. Low ...
Crypto exchange or broker stocks: Buying stock in a company that’s poised to profit on the rise of cryptocurrency regardless of the winner could be an interesting option, too.
Candlestick chart of EUR/USD currency pair on daily timeframe in MetaTrader 5 trading platform. Candlestick charts are most often used in technical analysis of equity and currency price patterns. They are used by traders to determine possible price movement based on past patterns, and who use the opening price, closing price, high and low of ...
In this article we will take a look at the 15 best cryptocurrency trading platforms in 2021. You can skip our detailed analysis of the crypto industry’s outlook for 2021 and go directly to 5 ...
Scalping is the shortest time frame in trading and it exploits small changes in currency prices. [4] Scalpers attempt to act like traditional market makers or specialists. To make the spread means to buy at the Bid price and sell at the Ask price, in order to gain the bid/ask difference. This procedure allows for profit even when the bid and ...