The amount that a financial asset has traded over a given time period is measured by its trading volume. Based on the total number of shares traded in a stock, volume is calculated. The quantity of contracts traded in futures and options trading determines the volume. Traders use volume to assess liquidity, and they combine […]
What is Volume in Technical Analysis? Definition with Examples of Indicators Read More »
Support and resistance are the two fundamental ideas on which technical analysis is built. It is necessary to understand the definitions and applications of these terms in order to interpret price charts effectively. Prices are affect by both supply and demand. Prices rise when supply is insufficient to meet demand. When supply and demand are
What is Support and Resistance? Definition and Examples with Upward Trend Read More »
When two or more distinct candlestick formations appear within a specific timeframe, it’s known as a multiple candlestick pattern. This phenomenon reflects shifts in market dynamics and gives traders a more comprehensive understanding of price action. By recognizing and understanding these integrated patterns, traders may make better decisions regarding entry, exit, and risk management strategies.
Multiple Candlestick Patterns – Definition, Examples, Types Read More »
Single Candlestick Pattern Definition: In a single candlestick pattern, there is only one candle to show the trading action for the day. The length of the candle shows the trading implication. The longer a candle is the more will be the selling or buying activity. Similarly, a shorter candle portrays less trading activity. Let us
It is quite easy to comprehend that the rise and fall in terms of cryptocurrency are not less. The volatility of the currency has made it difficult for investors to look into this sector. If you are new to this kind of world, you have to make sure that you are not facing difficult areas.
Top 5 – Best Cryptocurrency Investment Strategies for Investors Read More »
