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How does the MACD indicator work?

MACD indicator is used to determine the current trend its strength and the probability of its reversal. It consists of the MACD line, a signal line, and the bar chart.
The MACD line shows the difference between two EMA moving averages with different periods. When the MACD line crosses the zero line it indicates that there is no difference between them at this moment. Continue Reading

Cryptocurrency Market Review: Bitcoin and Ethereum Rise, Altcoins Show Mixed Performance

Crypto market update

Welcome to a quick take on the cryptocurrency market! As of Saturday morning, the global crypto market cap stood at an impressive $1.18 trillion. While some of the popular altcoins experienced minor losses, Bitcoin (BTC) and Ethereum (ETH) managed to rise above $28,000 and $1,800 marks, respectively. Continue Reading

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Pin Bar candlestick Quick Guide

Pin bar pattern Pin bar is a candle with a small body and a long spike or wick directed upwards or downwards depending on the direction of the market. Meaning of pin bar on the chart For those who follow the candlestick analysis, this pattern is a strong signal of a future trend reversal. If the wick of a pin bar points up the price is predicted to go down Continue Reading