forexsignals2

[forexsignals2]

live forex signals

The most reliable will be a breakdown of the channel boundaries. Breakdown means the end of the period of equilibrium between the forces of buyers and sellers. The necessary volume of open and pending positions has been accumulated to start a new trend. The longer the channel, the higher the probability of breakdown.

The following example shows two common variants of price behavior at the channel boundaries. A flat usually shows a strong price level that is not visible by indicators or graphical patterns. The same probability of both the continuation of the movement and the price reversal back into the channel.

The third example is what the correct reversals from the channel border are like. Large shadows or just one candle behind the line. Then a quick return to the channel. Signals near the middle line require additional confirmation.

Visual analysis is well complemented by the price channel indicator. For example, Fibonacci or Pivot levels. This way you will see how your calculations match the market levels that most traders trade.

Cryptocurrency scalping does not require complex strategies. It is enough to know how to trade on Binance, standard indicators, and confirmation from the  service.

Timeframe: Any in the range M1-M5. In our case, M1 is used, but with an increasing period of analysis, Trading asset: Any crypto active. The main requirement is a fixed (2-3 points) spread and no hidden fees.

Trading time: 24 hours / 7 days a week.

The signals are simple even for beginner traders. We open the position 2-3 candles above/below the EMA Cross. The oscillator must exit the overbought/oversold zones.

When the StochRSI moves between the 20/80 levels and the price bounce from the Moving Average, you can open trade to continue the trend. In this case, it is important to confirm the signal from xSignals and the presence of a trend on higher timeframes. Cryptocurrencies are very volatile during the day, after 1-2 profitable trades "on-trend" on any Binance strategy, it is recommended to stay out of the market and wait for the next reversal!

We trade on Litecoin. The currency is consistently in the TOP-5 in terms of capitalization and trading      volume, although it is “in the shadow” of Bitcoin. As the practice of trading on binance has shown, it is more "technical" than Bitcoin. You can additionally use volume indicators, but the classic "Moving Average + Oscillator" combinations work better on scalping.

Cryptocurrency is a means of payment and electronic money on the Internet. It exists only virtually - it is impossible to take such money in your hands, they are not issued in physical form, they do not belong to anyone, they do not belong to any fiscal authority.

All transactions and balances of cryptocurrency owners are stored as a blockchain using Blockchain technology. Information about transfers can be tracked. Each subsequent block of the chain reflects information about previous transactions and service information.

There is a lot of debate on the Web about whether it is correct that everyone calls cryptocurrency money. In fact, it’s not quite right to call it that. After all, the currency must be supported by something, and in this case ive forex signals, its “weight” is determined only by the demand at the current time. When demand increases, the cryptocurrency becomes more expensive, when it falls, it becomes cheaper. But it can be exchanged for real money and earned if the value of the crypt has increased.

The most convenient crypto wallet for Ethereum is MEW-MyEtherWallet with a free mobile application, where a full set of tools is presented. The crypt is securely stored and purchased, investment control is monitored, "wrapped bitcoin" is purchased, etc. The interface is simple and secure. Cryptocurrency is stored on a smartphone, and no one knows how much a person has. The system is used by about 3.5 million people.

If cryptocurrency is not released, where does it come from? DS appears because of a process called mining. Mining is the search for a Hash-a hexadecimal encrypted number through an encryption algorithm. It «sews» information about commissions, transactions, time, etc. Miners change it and get different hashes. The PC who first picked up the correct hash will receive a reward. For Bitcoin, this is 6.25 coins + commissions. Over time, this fixed remuneration decreases. Halving is called halving. The last decrease was observed in the spring of 2020. Halvings occur approximately once every 4 years or after 210 thousand blocks.