What is range trading? Range trading is an active investing strategy that identifies a range at which the investor buys and sells at over a short period. For example, a stock is trading at $35 and you believe it is going to rise to $40, then trade in a range between $35 and $40 over the next several weeks. You might attempt to range trade it by purchasing the...
$OG Performed Bullish Symmetrical Triangle in 2hr - 4hr KEEP eyes on it What is a Symmetrical Triangle A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes...
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CRYPTOCAP:DYDX is showing massive strength The CRYPTOCAP:DYDX V4 upgrade is coming in late September and this is huge DYDX is one of the highest earning dexes with the best UI/UX experience They will be sharing 100% of revenue with CRYPTOCAP:DYDX stakers CRYPTOCAP:DYDX will also be adopted as the native token of the DYDX cosmos chain This has...
LSE:ZEN Performed Bullish peanut What Is a Pennant? In technical analysis, a pennant is a type of continuation pattern formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines—the pennant—followed by a breakout movement in the same direction as the initial large movement, which...
Falling Wedge The falling wedge can either be a reversal or continuation signal. As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next. As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart...
Demand Zone A demand zone is a price level area at which traders usually buy. This area is present below the current price, where the buying interest or potential is the highest. A recognized demand zone typically has many buyers available with buying orders at that level. The chart below will help you understand the demand zone concept more properly.
Everyone is talking about longing this? Pass. I'll wait patiently Extremities or nothing. I'll be fine missing if I miss.
The trigger is a rejection & LTF retrace after RSI has obviously peaked, ADX is rolling over. #INJ price can make a higher high within my Sell/Take Profit Zone creating a classic Bearish Divergence