Resume Banks are concerned about the balance of the financial sector, yet it seems to be threatened again and again by the global economic crisis. The cause of the banking crisis is macroeconomic instability, poor supervision, bad tactics, poor management, inadequate control system, failure of operations and Cheating. The authorities, whatever the cause,...
¿What is Ethereum? To fully understand Ethereum, what it does and how it can potentially impact the society of which we are a part, it is critical to learn what their core characteristics are and how they differ from standard approaches. In the first instance, Ethereum is a decentralized system, which means that it is not controlled by a single governing...
¿What is Ethereum? To fully understand Ethereum, what it does and how it can potentially impact the society of which we are a part, it is critical to learn what their core characteristics are and how they differ from standard approaches. In the first instance, Ethereum is a decentralized system, which means that it is not controlled by a single governing...
Polkadot (DOT) is an innovative blockchain project that aims to create a secure interconnection infrastructure between different blockchains, while providing scalability and new functionalities to them. One of the recently created cryptocurrency projects that has caught everyone's attention is Polkadot (DOT). ¿The reason? This new blockchain technology scheme...
As we already know, all retracement complements are congruent with Fibonacci retracements. Here is an example of Fibonacci Channel and Retracement, this just complements our main idea. You can see it here. Although there is the possibility due to the crisis to have a retracement greater than the projection fibonacci channel. What do you think? Personally, I...
Throughout the centuries, gold has captivated mankind. At the end of the gold standard, there was an increase in financial instability and inflation. During multiple stock market crashes in the first decade of the 21st century, the price of gold began to rise again. The idea of going back to the gold standard became more popular at that time. It is true that there...
Elrond (EGLD) - An Internet Scale Blockchain Elrond is a cheap, efficient and scalable blockchain network that provides utility to both dApp developers and business resolutions. Resume An internet-scale blockchain, Elrond is fast, cheap, and efficient, designed to provide utility across the spectrum of use cases. The Elrond Network leverages Adaptive State...
What is a Fibonacci fan? A Fibonacci fan is a chart construction technique used in technical study that uses the Fibonacci interaction to graphically predict support and resistance levels. The Fibonacci quantity can be used to explain the proportions in things, from the smallest building blocks of nature, such as atoms, to the most advanced patterns in the...
Understanding Gann's Studies Guessing the future is impossible, right? If you were present today, W.D. Gann would not be in consensus. His first prophecy is considered to have taken place throughout the First World War, once he predicted the abdication of Kaiser Wilhelm II of Germany on November 9, 1918 and the end of the war. Later, in 1927, he wrote a book...
What are Gann angles? Gann angles are named after their creator W.D. Gann. Gann believed that angles could predict future price movements based on geometric angles of time versus price. Gann was a 20th century market theorist. However, the validity and usefulness of his theories are subject to debate. Several Gann angles used together form the Gann fan. • Gann...
A Pitchfan is a group of lightning bolts that extend from the starting point of a trend. Said lightning bolts are inclined with the coefficients formed by a numerical sequence of Fibonacci. It is suggested to exercise a Pitchfan after the first wave of the trend has passed and the correction has evidently started. To draw a Pitchfan, its first and second aspects...
Inside Pitchfork is a drawing instrument used in technical study. It is derived from the standard fork. There are 3 basic elements of a standard fork: a central midline (trend line) and 2 sets of lines above and below the midline. Extra lines are set to a specific number of standard deviations from each side of the median. The Inside Pitchfork difference is that...
Schiff's trident and Variant Trident After Schiff presented his work to Andrews, Andrews suggested a small modification. Practically, the work of this trident derives from displacing the principles of the trident half the vertical distance and half the horizontal distance between the largest and the minimum as shown in the previous graphic. The early fork is now...
General Developed by renowned educator Alan Andrews, traders have the ability to use the technical indicator known as Andrews' Pitchfork to implement profitable opportunities and swing modes in forex and other markets. Over the longer term, Andrews' Pitchfork can be used to detect and measure the overall cycles that impact underlying spot activity. Later, we...
What are Fibonacci extensions? Generally, Fibonacci extensions are the levels used by traders to detect probable profit ends and estimate the continuation of a cost shift after a pullback or reversal. Fibonacci expansion levels are very useful for understanding reversals and likely bottlenecks in cost continuations. Simply put, Fibonacci expansion levels are...
BNB has a high probability of being a good Long. Let me explain my reasons. First of all, if we apply the Fibonacci retracement from the beginning of the parabolic bullish movement we can notice a great growth in BNB being that this retracement has led it to test 0.618% which is a fairly good zone in liquid currencies to initiate a possible Long . This means that...
EURUSD, It looks interesting to open a short. We can see a complete 9-line pattern. Which could indicate that the following candles are possible continuation or start of a new trend. We can see that the MACD is losing strength and the current levels do not give a good sign, we could see a retracement to support to gain strength and continue the trend. ...
If the RSI recovers some ground returning to levels above 50 in value. We could see a better bullish position on ETH. Although I personally expect ETH to touch 0.618 and go back down. Fulfilling my idea that this is a BearTrap. Being an ABC Pattern in the market. The MACD for the first time in a long time touched negative levels. Which could mean that this...