If you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis! Don't you think 2021 was a big year for cryptocurrency? Many cryptos have gained, while others have lost their battle. On the other hand, significant crypto players such as Bitcoin, BNB, and Dogecoin...
If you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis! Quick glance: It has been an absolute bloodbath across the cryptocurrency spectrum over the past few days. We saw BTC and ETH dropping to approx. $33,000 and $2100 respectively. Retail traders and...
Imagine having a tool that helps one predict whether an asset is undervalued or overvalued. The price to earnings ratio is an incredibly powerful tool that is used for valuing the worth of a stock. If the P/E of a company’s stock is 50, it means that investors are willing to pay $50 for every $1 earnings of the company. However, with crypto, there cannot be a...
If you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis! One of the USPs of Blockchain technology is ' Decentralization .' It means that no single entity or organization has the power to influence or control the network. Decentralization is rapidly picking...
If you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis! Is it true that in the markets, over 90% of traders lose money? Likely! In that case, only a small percentage of traders remain profitable over a longer period. Although some people perceive trading...
If you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis! ➡Coin-burning is the intentional and permanent elimination of a portion of cryptocurrency coins from circulation. It is done by sending cryptocurrency tokens to an eater address, also known as a...
If you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis! In a few hours, block number 12,965,000 will be mined on the Ethereum network and the ‘ London Hard Fork ’ upgrade will be implemented. As of writing this post, the data from Etherscan shows that block...
If you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis! Several chartists use the approach of price-action to predict the market movements. Some include volume too. However, most professional traders prefer using a multidimensional approach to market...
If you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis! Technical analysis is largely impacted by some very important factors. One of those very important factors is the type of the market day. Analysing the type of the market day correctly can give a...