Bitcoin (BTC) continued to bounce off $31,000 support during Friday as fresh data reinforced the importance of current price levels.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewNo trip to $42,000?Data from Cointelegraph Markets Pro and TradingView showed BTC/USD repeatedly testing but, so far, not breaking through $31,000 on Friday.A late surge to near $32,000 … [Read more...] about Bitcoin bounces off $31K after Bank of America greenlights BTC futures trading
Traders from all over the world have been using crypto margin trading in order to have access to more advanced tools for executing their trading strategies. While most of us use the spot exchange, many other expert traders prefer to trade with margin. Margin trading crypto means that investors would be able to gain a larger exposure to specific trades by borrowing funds. This … [Read more...] about What Is Crypto Margin Trading?
As the Ukrainian government progresses with cryptocurrency-related legislation, a major local e-bank is preparing to launch a debit card featuring Bitcoin (BTC) trading.Ukrainian online banking application Monobank has completed a pilot integration with a cryptocurrency trading platform, Monobank co-founder Oleg Gorokhovsky announced Monday.According to the executive, the new … [Read more...] about Ukrainian e-bank plans to offer Bitcoin trading in July
Death cross: What is it and How to Identify it when Trading?The ‘death cross’ is a term often mentioned in trading circles due to its usefulness in spotting changes in trends while also being incredibly easy to use. This article will explain the concept of the death cross and how to identify it on price charts. Furthermore, read our article on the Golden Cross to discover … [Read more...] about What is it and How to Identify it When Trading?
Moving averages have a number of uses in technical analysis but can be particularly helpful as a trend filter when analyzing trades. This article touches on the concept of moving averages and takes an in-depth look at using the indicator to identify strong trending environments. Identifying a Fresh TrendThere often is a period of uncertainty in the moments that follow soon … [Read more...] about Trend Trading with Moving Averages