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Advanced Technical Analysis In Cryptocurrency Trading
Technical analysis is a careful analysis of coin reports and charts. Although with a few close similarities with other forms of trading, cryptocurrency’s unique characteristics have helped made several tools invaluable in studying coin behaviour, predicting future movement to take proper trading steps. In this article, you would learn about more advanced methods employed in…
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Basic Candle Pattern
Candlestick charts are a technical tool that pack data for multiple time frames into single price bars. This makes them more useful than traditional open-high, low-close bars (OHLC) or simple lines that connect the dots of closing prices. Candlesticks build patterns that predict price direction once completed. Proper color coding adds depth to this colorful technical tool, which dates back to…
