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Let's confirm the $BTC bullish trend at 36000
Let's confirm the $BTC bullish trend at 36000
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Bullish
$BTC started its momentum between 32150 - 35280 as it done on 23/8/1 - 23/9/11 before a price surge. as SEC's approval is pending, this could be the reason for this hold This is not a financial advise but a perception
$BTC started its momentum between 32150 - 35280 as it done on 23/8/1 - 23/9/11 before a price surge. as SEC's approval is pending, this could be the reason for this hold

This is not a financial advise but a perception
Why Web3 domains everywhere? Nowadays you would have come across a thing called #Web3 domain. Although it sounds peculiar, lemme explain what are those and how they work Before getting right into it you must know what DNS (domain name service) is. DNS is a computer that is responsible for resolving/mapping a domain like www.google.com to an IP address like 8.8.8.8. Because of DNS, it's easy for us to visit a website by typing the name of it without memorising a long string of numbers. The same concept applies to web3, the world of blockchain and #crypto. Although the web3 domain is at the initial stage, it's not yet popularised among the people, but this will be the future of IdentityWhat do web3 domains actually do?Web3 domains use smart contracts to convert the long string of wallet Addresses into a readable formatExample: 0x13ab2ef1928ab198 --> doctorchart.xIsn't it alluring?I simply converted my long-character wallet address into a human-readable form. For what web3 domains will be used?For sending and receiving cryptoSigning in for #Dapps For creating uncensorable websitesCan you own a Web3 domain?Yes, everyone in the web3 space can own a domain of their own, you can buy a permanent domain from Unstoppable domains or rent from ENS

Why Web3 domains everywhere?

Nowadays you would have come across a thing called #Web3 domain. Although it sounds peculiar, lemme explain what are those and how they work Before getting right into it you must know what DNS (domain name service) is. DNS is a computer that is responsible for resolving/mapping a domain like www.google.com to an IP address like 8.8.8.8. Because of DNS, it's easy for us to visit a website by typing the name of it without memorising a long string of numbers. The same concept applies to web3, the world of blockchain and #crypto. Although the web3 domain is at the initial stage, it's not yet popularised among the people, but this will be the future of IdentityWhat do web3 domains actually do?Web3 domains use smart contracts to convert the long string of wallet Addresses into a readable formatExample: 0x13ab2ef1928ab198 --> doctorchart.xIsn't it alluring?I simply converted my long-character wallet address into a human-readable form. For what web3 domains will be used?For sending and receiving cryptoSigning in for #Dapps For creating uncensorable websitesCan you own a Web3 domain?Yes, everyone in the web3 space can own a domain of their own, you can buy a permanent domain from Unstoppable domains or rent from ENS
Indicator for today Rsi (Relative strength index)As you have seen many professional traders use indicators to do technical analysis, rsi indicator is one of the most used tools among them, In this article we'll be going through some descriptions, use cases, and some drawbacks related to it What is the Rsi indicator?As its name mentions it measures the strength of price action over a particular time period, it provides signals like oversold or overbought which traders use to buy and sellWhat is oversold and overbought?The RSI reading of 30-25 indicates an asset is being oversold which means that an asset is being sold at lower than its fair value (the value lower than the price it is supposed to be sold), traders use this indication as a BUYING opportunityThe RSI reading of 70-75 indicates an asset is being overbought which means that an asset is being bought higher than its fair value (the value higher than the price it is supposed to be bought), traders use this indication as a SELLING opportunityHow RSI is measured?RSI = 100 – ( 100 / [1 + {Average Gain of the interval / 14- Average Loss of the interval } ] ) Importance of RSI? RSI can be used to identify/predict the trend reversal of an assetProvide signals for buying and selling A combination of RSI with other oscillators like MACD increases the accuracy of the indicatorWhat are the limitations?Vulnerable to volatile marketsPossibility of Providing wrong signals in short time period

Indicator for today

Rsi (Relative strength index)As you have seen many professional traders use indicators to do technical analysis, rsi indicator is one of the most used tools among them, In this article we'll be going through some descriptions, use cases, and some drawbacks related to it What is the Rsi indicator?As its name mentions it measures the strength of price action over a particular time period, it provides signals like oversold or overbought which traders use to buy and sellWhat is oversold and overbought?The RSI reading of 30-25 indicates an asset is being oversold which means that an asset is being sold at lower than its fair value (the value lower than the price it is supposed to be sold), traders use this indication as a BUYING opportunityThe RSI reading of 70-75 indicates an asset is being overbought which means that an asset is being bought higher than its fair value (the value higher than the price it is supposed to be bought), traders use this indication as a SELLING opportunityHow RSI is measured?RSI = 100 – ( 100 / [1 + {Average Gain of the interval / 14- Average Loss of the interval } ] ) Importance of RSI? RSI can be used to identify/predict the trend reversal of an assetProvide signals for buying and selling A combination of RSI with other oscillators like MACD increases the accuracy of the indicatorWhat are the limitations?Vulnerable to volatile marketsPossibility of Providing wrong signals in short time period
Emotions play a major roll in every trade you take, Control it to see to attain profits
Emotions play a major roll in every trade you take, Control it to see to attain profits
it's been 3 months since $BTC declined from 31800
it's been 3 months since $BTC declined from 31800
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