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Bullish and Bearish Alternate Bat Harmonic Pattern

The origin of the alternate Bat pattern resulted from many frustrated and failed trades of the standard framework. The standard Bat pattern is defined by the B point that is less than a 0.618 retracement of the XA leg. Typically, the best structures employ a 50 percent retracement at the midpoint. Although there’s room for interpretation and other ratios in the standard Bat pattern, I began the notice a peculiarity in those M

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SIMPLE MOVING AVarage (SMA)

Moving Average (MA)The MA – or ‘simple moving average’ (SMA) – is an indicator used to identify the direction of a current price trend, without the interference of shorter-term price spikes. The MA indicator combines price points of a financial instrument over a specified time frame and divides it by the number of data points to present a single trend line.The data used depends on the length of the MA. For example, a 200-day MA requires 200 days of

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Bearish Bat Harmonic Pattern

Bearish Bat Pattern

The bearish variation has the opposite implication as the bullish Bat pattern. Let’s now illustrate how the bearish Bat pattern appears, and the price movements within each of its respective legs.

Here you can see the bearish variation and the associated fib ratios for the Bat Pattern:

In a bearish Bat pattern, the initial XA leg will be bearish. The following leg will be the AB leg and will retrace the XA leg upwards by th

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The biggest individual Bitcoin owners

Satoshi Nakamoto: Although Nakamoto’s identity is mysterious, it's clear that they mined roughly one million bitcoins between 2009 and 2010. These are stored in 22,000 wallet addresses.

Microstrategy: Michael Saylor's software company Microstrategy has become one of the largest publicly traded companies to put BTC on its balance sheet. Currently, Microstrategy holds 129,699 BTC or about 0.6% of the total Bitcoin supply.  

Winklevoss Twi

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Bullish Bat Harmonic Pattern

There are different types of the harmonic chart pattern. The Bat pattern is one of the many harmonic patterns named after animals, but what is it?

The Bat pattern is a simple XABCD harmonic pattern that consists of four price swings and five pivot points — X, A, B, C, and D. One of the harmonic patterns was developed by Scott M Carney – it is believed to have a good reward ratio. With the harmonic chart pattern, you may be able to predict how the

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What is a Node?

In telecommunications and software engineering, a "node" refers to a more extensive interconnected network component. In crypto, however, a node is one of the components that run a blockchain's algorithm to verify and authenticate each transaction.Every blockchain is made of nodes. Nodes are generally computer systems that contain a copy of a blockchain's primary protocol and its entire transaction history. Due to decentralization, any individual can run a nod

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Basic Crypto Terminology & Basic Concepts

Crypto Trading Terminology & Concepts

1 Bitcoin = 100 million satoshis (1.00000000 BTC)

What is a Satoshi? The satoshi to bitcoin ratio is 100 million satoshis to one bitcoin.

Exchange: A platform that connects buyers and sellers. Users can buy and sell available cryptocurrencies on the exchange. The top exchanges for trading are Binance, BitMex, and Kucoin.

FOMO: Fear of missing out. This happens when a coin is rapidly rising in v

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Relative strength index (RSI)

RSI is mostly used to help traders identify momentum, market conditions and warning signals for dangerous price movements. RSI is expressed as a figure between 0 and 100. An asset around the 70 level is often considered overbought, while an asset at or near 30 is often considered oversold.

An overbought signal suggests that short-term gains may be reaching a point of maturity and assets may be in for a price correction. In contrast, an oversold

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What is an investment DAO?

An investment DAO allows its members to decide when and where to invest its funds. This could be in real estate, DeFi investment vehicles, or any other asset the DAO chooses to invest in. An investment DAO uses the Decentralised Autonomous Organisation (DAO) model to democratize and decentralize the whole investment process. Traditional models put investment power in the hands of a relatively small group of money managers of VC funds and family offi

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What is Support and Resistance?

“Support and resistance” is one of the most widely used concepts in trading.

Strangely enough, everyone seems to have their own idea of how you should measure support and resistance.

Let’s take a look at the basics first.

Look at the diagram above. As you can see, this zigzag pattern is making its way up (a “bull market”).

When the price moves up and then pulls back, the highest point reached before it pulled back is now resistance.

Resist

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What Is a Candlestick Chart?

A candlestick chart is a popular visualization tool used by investors to analyze the price movement and trading patterns of a stock or other security. For each trading period or unit of time (e.g., one day), one candlestick appears on the chart.

every candlestick has a real body (the bulk of the “candle”) and an upper and lower “wick” or shadow. Its opening price (represented by the top of the real body)

Its closing price (represented by the bo

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MARUBOZu

Marubozu is a single candlestick pattern and a very important candlestick pattern.

In the Japanese language, the word “Marubozu” means “Bald”.

Deriving from that, a perfect marubozu means a candle with no upper or lower shadow. It will only have a real body.

A marubozu candle can be of two types – the bullish marubozu and the bearish marubozu.

This pattern is a strong indication of trend reversal or trend continuation depending on where it appears.

Benefits of M

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Long Legged Doji

Long-legged Doji – Indecisive candle with both a lower and upper wick, and the open/close near the midpoint.

Dragonfly Doji – Either bullish or bearish candle (depending on context) with a long lower wick and the open/close near the high

Gravestone Doji – Bearish reversal candle with a long upper wick and the open/close near the low. 

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Spinning Top

The spinning top candlestick pattern has a short body centred between wicks of equal length. The pattern indicates indecision in the market, resulting in no meaningful change in price: the bulls sent the price higher, while the bears pushed it low again. Spinning tops are often interpreted as a period of consolidation, or rest, following a significant uptrend or downtrend.On its own the spinning top is a relatively benign signal, but they can be interpreted as a

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Doji

When a market’s open and close are almost at the same price point, the candlestick resembles a cross or plus sign – traders should look out for a short to non-existent body, with wicks of varying length.This doji’s pattern conveys a struggle between buyers and sellers that results in no net gain for either side. Alone a doji is neutral signal, but it can be found in reversal patterns such as the bullish morning star and bearish evening star.

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Exponential Moving Average (EMA)

The EMA is a moving average that places a greater weight and significance on the most recent data points.

An EMA does serve to alleviate the negative impact of lags to some extent. Because the EMA calculation places more weight on the latest data, it “hugs” the price action a bit more tightly and reacts more quickly. This is desirable when an EMA is used to derive a trading entry signal.

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Stochastic Oscillator:

A stochastic oscillator is a popular technical indicator for generating overbought and oversold signals.The stochastic oscillator is range-bound, meaning it is always between 0 and 100. This makes it a useful indicator of overbought and oversold conditions. Traditionally, readings over 80 are considered in the overbought range, and readings under 20 are considered oversold.

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What is blockchain bridge?

To understand what a blockchain bridge is, you need to first understand what a blockchain is. Bitcoin, Ethereum, and BNB Smart Chain are some of the major blockchain ecosystems, all relying on different consensus protocols, programming languages, and system rules. A blockchain bridge is a protocol connecting two economically and technologically separate blockchains to enable interactions between them. These protocols function like a physical bridge