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Cryptocurrencies have been around for some time, bringing forth a wide array of cryptos. However, according to Statista, Bitcoin is the crown jewel for large cryptos in the market, where it reached an all-time high in January 2021 and grew by over 400 billion U.S. dollars. As a result, many people dived into the crypto craze to invest and trade and have found outstanding opportunities. That's why everybody now wants a piece of the pie. Well, if you haven't, but…

History charts of cryptocurrency are available in different formats, including bar graphs, line graphs, and candlestick charts. The most popular is the candlestick chart in analyzing the market behavior of bitcoin and cryptocurrency. Most traders spend considerable time understanding how a market's history relates to its future. Whether a beginner or a novice in trading, an excellent technical analysis strategy is fundamental for successful trading. The analysis performed on historical charts helps determine future prices and possible price fluctuations of…

Cryptocurrency investments are always risky. However, they can end up being a very lucrative pursuit if they are well executed. Cryptocurrency volatility has led to the developing of more advanced trading strategies to tackle market volatility. Crypto trading involves speculating market price movements. However, many traders fail due to a lack of knowledge of what strategies to use to track price movements. The question of "what are the best strategies to use" points us to Bollinger bands. Bollinger bands are…

One of the critical decisions every crypto investor has to make is the coin to include in the portfolio and what to leave. Naturally, most traders focus on well-performing coins and coins with a high cap, like Bitcoin and a few altcoins, and they have good reasons for these choices. Such investors view micro-cap cryptocurrency trading as a high-risk venture. However, they don't understand that there is an immense potential to make exponentially high profits from such coins since there…

As your crypto investment career expands, you will eventually consider securing your holdings using a hardware wallet. These devices are far more secure than software-based wallets due to the introduction of an "air gap." Additionally, this strategy keeps your cryptocurrency offline when not in use. As such, hardware devices provide the highest level of security to investors. Consequently, more full-node operators than ever have chosen to integrate a hardware device into their strategy. The popular hardware wallet manufacturer Ledger now…

Cryptocurrency traders spend most of their time searching for the coins with the most exciting prospects. However, well-informed investors also look to various crypto exchange platforms, applications, cryptocurrency price tracker monitors, and services to maximize their earnings. This is why the accuracy of cryptocurrency trackers is so significant in an investor's decision. For this reason, traders need to choose their price trackers carefully. TradingView is an online stock-picking software released in June 2012 as a social platform for active traders. The…

Unlike other currencies, cryptocurrency is famous for its excessive volatility due to new developments, uncertainties, and speculation. This inhibits the efficiency of traders in several ways. Fortunately, we have automated tools such as trading bots that execute transactions and trades on your behalf. The cryptocurrency market never sleeps. It continually presents various opportunities for trade and profit. This contributed to the development of automated bots that make trading easier because we cannot always be glued to the screen. Thus, in…

Cryptocurrencies are highly volatile, which makes understanding chart patterns a valuable art in crypto trading. The cryptocurrency charts provide a lot of information, so they may not be helpful without proper analysis. Seasoned traders use them to gain insight into current market trends and identify opportunities for entry and signals for an exit. Crypto investors need to dedicate time to understanding particular patterns around the crypto coins in their portfolios. Reversal patterns are common and can be broken into double…

Financial and crypto markets are some of the greatest investment options of our time, but they are probably the most complex. Even expert traders often make mistakes that lead them to losses, which always increase due to market volatility. However, some traders have garnered expertise in understanding the market charts, the supports, resistance, and breakouts. Often, some use tools designed to help understand the market, and one of those indicators is the continuation patterns. As the name suggests, continuation patterns…