What is the Double Bottom Pattern The Double Bottom is a multiple candlestick chart pattern that forms at the end of a downtrend and indicates that a bullish reversal is taking place. This pattern consists of four candlesticks. Understanding the Double Bottom Pattern The Double Bottom candlestick pattern consists of four candlesticks. The first candlestick …
What is the Flag Bearish The Flag Bearish is a multiple candlestick chart pattern that indicates the continuation of a downtrend in the market. This pattern is called Flag Bearish as it resembles the shape of a flag. Understanding the Flag Bearish The Flag Bearish candlestick chart pattern consists of multiple candlesticks. The first candlestick …
What are trading channels? A trading channel is a chart pattern highlighted by two parallel lines: an upper line (resistance) and a lower line (support). The price moves within the middle of these lines. Trading Channel Basics There are three main types of channels: Horizontal channels represent sideway trend on the market. Ascending channels represent …
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Introduction We all are somewhat familiar with the concept of the bank because it has become a part of our daily life. A bank is a type of financial institution with the ability to keep, transmit, and receive deposits in the real world. Legally, banks can allow their clients to swap one fiat currency for …
What is the Descending Triangle? The Descending Triangle is a multiple candlestick chart pattern that signifies the continuation of a downtrend. This is a Descending Triangle, as it is shaped like a triangle pointed downwards. Understanding the Descending Triangle The Descending Triangle consists of multiple candlesticks. The first candlestick is bearish and indicates the continuation …
What is the Ascending Scallop? The Ascending Scallop is a multiple candlestick chart pattern that indicates that a bullish continuation is taking place. This pattern forms close to the peak of an uptrend in the market. Understanding the Ascending Scallop The Ascending Scallop is a candlestick pattern that consists of multiple candlesticks. The first candlestick …
DeFi tokens are digital assets that operate on blockchain networks, leveraging smart contracts to enable various financial activities in a decentralized manner. Unlike traditional financial systems that depend on intermediaries like banks, DeFi tokens allow users to transact, lend, borrow, and stake assets directly without needing a middleman. This peer-to-peer nature of DeFi tokens provides …
One man with courage makes a majority.
Andrew Jackson
