#EDUCATIONAL_POST Charts Talk:

Five Essential Indicators Used in Technical Analysis

1.Relative Strength Index (RSI)

2.Moving Average (MA)

3.Moving Average Convergence Divergence (MACD)

4.Stochastic RSI (StochRSI)

5.Bollinger Bands (BB)

There are many patterns but above five are popular.

🛑What Is The Open Network (TON)?

The Open Network (TON) is a decentralized ecosystem built around the TON Blockchain. TON aims to address common limitations faced by blockchain networks, such as scalability, speed, and usability.

TON was initially developed and launched by the Telegram team but is now maintained and developed by an open-source community.

TON is built with an interoperable architecture that allows users to create a variety of services and DApps. Common use cases include crypto wallets, payment services, blockchain bridges, and decentralized exchanges.

🛑What’s the Relationship Between Blockchain and Web3?

We are gradually moving toward the next phase of the internet, Web 3.0, often styled Web3 in the digital asset space. Web3 holds the promise of allowing people to own things digitally, easily transact online, and have more control of their personal data. Blockchain and crypto ecosystems already have working products for Web3. For example, users can make peer-to-peer (P2P) payments and collect digital items with crypto wallets. Many blockchain-based projects are decentralized by design and allow anyone to use them.

🛑What Are Decentralized Applications (DApps)?

Decentralized applications (DApps) are applications that run on top of blockchain networks. There is a great variety of DApps with different use cases, such as gaming, finance, social media, and more. 

Although DApps can look similar to regular mobile apps on your phone, their backend system is different. DApps rely on smart contracts on a distributed network instead of a centralized system to function. It makes them more transparent, decentralized, and resistant to attacks, but also introduces some new challenges.