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Ripple cryptocurrency was developed in 2012 by Ripple Labs and is a decentralized protocol based on a consensus registry. The main advantage over other cryptocurrencies is low cost of transactions, low fees and high bandwidth. Another feature - coins paid as a fee are burned, so that the volume of Ripple is gradually reduced.
Trading strategiesThe exchange rate of Ripple correlates with the rate of other cryptocurrencies weakly, in particular with the rate of Bitcoin, which significantly affects the dynamics of altcoins price. Ripple is suitable for long-term investment, because it is based on an idea that can be used in the financial environment. You just need to choose a good time to buy.
Trend indicators such as MACD, Bollinger Bands, and RSI can handle this task. These trading indicators can be found on the Tradingview charts, which are integrated into the Trade-mate.io service, providing tools for automatic cryptocurrency trading. In your personal cabinet you can trade Ripple on three trading platforms at once: Binance, BitMEX and Poloniex. In addition to autotrade, the service provides smart trade and panic sell functions for instant sale of cryptocurrencies on all exchanges at once. Smart trade allows you to set up trailing stops to increase profit when trading.
In short-term trading, popular technical indicators and TA figures work well. Due to the low correlation with other cryptocurrencies, Ripple can be used as an asset hedging tool. The figure shows that the “Double bottom” figure worked well.
LifehackRipple system protocol is widely used in the banking sector, so it is used for cross-border payments and currency exchange. National banks are integrating the protocol to ensure payment security. Regular news about a partnership with another large bank may provoke a rise in the Ripple rate.
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Bitcoin Cash is a Bitcoin hard fork created to solve scalability problems. Bitcoin Cash is created to replace the original Bitcoin and to take its place of honor. The new hard fork increased the block size to 8 MB, which made transactions faster.
But at the same time this caused another problem - the risk of centralization by large miners increased. But such an outcome is unlikely, since the "conqueror" of the network is unlikely to immediately sell all the coins, and the rate will fall very quickly, which makes the enterprise extremely unprofitable for companies that have spent a fortune on equipment.
How to trade Bitcoin CashFor trading, it is most rational to use advanced Tradingview charts, which are supported by the Trade-mate.io service. With this platform you can trade BCH in a convenient cabinet on three popular exchanges at once: Binance, BitMEX and Poloniex.
Right in the Cabinet, you can configure trading indicators at your discretion.
StrategiesGiven the speed of price change and high volatility of BCH, it is hard to use classic indicators such as SMA or MACD. This is due to a large delay in the delivery of buy/sell signals.
But you can see that a simple and popular Bollinger Band indicator works perfectly. Provided that the candle is closed outside the boundaries of the channel, the position opens in the direction of the breakdown.
It is recommended to use a trailing mechanisms Trade-mate.io supported in Smart Trade option. This will increase the transaction profitabilityas the rate of BCH increases, and will protect the trader from an unexpected fall in the rate.
A little bit of insideDid you know that the largest manufacturer of mining equipment Bitmain sells ASIC miners for Bitcoin Cash? This information can be used for trading. Keep an eye on the new releases by the manufacturer - usually the rate of BCH begins to grow afterwards. The Bitcoin Cash market has significantly less liquidity than Bitcoin, so during major events, the “younger brother” of bitcoin is growing more actively, on which you can make good money.
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Ethereum is the second largest cryptocurrency by capitalization after Bitcoin, founded in 2014 by Vitalik Buterin. The work of the ether is based on smart contracts technology, which was first implemented in this cryptocurrency. Smart contracts allow to conclude transactions between users without intermediaries, and the program code controls the fulfillment of the obligations of both parties.
Where you can trade EthereumEthereum is traded on all cryptocurrency exchanges, as it is the main altcoin. The most popular trading platforms are Binance and BitMEX. To store ether, you need to have a wallet, such as MyEtherWallet. If you plan to trade, there is no need to buy cryptocurrency through exchangers, but you can buy it on the exchange directly - Binance added support for ruble and currency pairs, including ETH/RUB.
How to tradeThe Ethereum price chart is represented by the Trading View resource, which is integrated into the Trade-mate.io service. In your account you can connect three exchanges Binance, BitMEX and Poloniex. In addition to advanced Tradingview charts service provides smart trade functionality with trailing stops and autotrade, allowing you to copy trades of other traders and trading bots.
The Ethereum volatility allows you to use any classic strategies inherited from Forex. If the foreign exchange market has long acquired immunity to technical analysis, the crypto market allows you to make a profit due to the immaturity of the industry. The most popular trading indicators are Bollinger Bands, Fibonacci Levels, RSI and others. A detailed description is easy to find on the Internet, but do not forget about the main rule - set up stop losses, because any cryptocurrency can collapse by 20% or more in a few hours. Trade-mate.io will help to extract the maximum profit, because smart trade allows you to automatically rearrange the stop loss as long as the price rises.
Little trickSpecial attention is focused on Ether because of its popularity, so the coin is quite sensitive to news. Even rumors can lead to strong growth or collapse of this cryptocurrency. For example, fake information about the death of the founder of the project at the end of June led to a strong price collapse.
Bollinger Bands. Bollinger Bands were invented by a technical trader named John Bollinger. They are bands that overlay a price chart. They involve using a 20-day slow moving average of the closing prices on each day, dropping the earliest price, and adding the price on day 21. The standard deviation of the price is also factored in. Beobachten Sie live den Bitcoin / Dollar Chart, folgen Sie den BTCUSD Kursen in Echtzeit und erhalten Sie die Bitcoin Kurshistorie. Überprüfen Sie die technischen Analysen und Prognosen für Bitcoin. BTC/USDt Daily Chart Basierend auf der letzten BTC Idee mit V-Bodenbildung - hier mMn der nächst mögliche Ablauf. Starker Weekly Close lässt es zu, dass Bitcoin weiter nach oben Richtung 17k wandert. Der nächste Widerstand befindet sich direkt vor uns bei 13,8-14k USDt. Ein Abpraller könnte den Kurs kurzfristig in Korrekturmodus versetzten - mit Supportzielen... Chart Art. Рынки ... Биткоин, Bollinger bands, 1Д. Bitcoin / TetherUS (BINANCE:BTCUSDT) frezok BINANCE:BTCUSDT Bitcoin / TetherUS. Support and Resistance Pivot Points Trend Lines. 201 просмотров . 12. 2. supportandresistance pivotpoints trendline. Не пинайте, я учусь. Конструктивная критика приветствуется. Насколь� Bitcoincharts is the world's leading provider for financial and technical data related to the Bitcoin network. It provides news, markets, price charts and more. Bollinger Bands Squeezing, is Bitcoin (BTC) Ready for $9,000? The inventor of the Bollinger Bands, a widely used technical indicator, is giving Bitcoin traders a heads up. As per the indicator’s signal, John Bollinger expects increased volatility in coming days now that bands are tightening as BTC prices flatten, consolidating within a narrow trade range in the daily chart. I had no idea how to read a basic trading chart when I got started even though I managed to purchase Bitcoin without that knowledge. It's simple problems like these that inspired me to create this website to help other beginners solve these problems with simple explanations. In this article I will go over some of the basics of how to read a crypto trading chart on my favorite exchange Binance ... BTC USD (Bitcoin / US Dollar) This is the most popular Bitcoin pair in the world. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of Bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls this cryptocurrency and everyone can take part. Bitcoin price grew ... Bollinger Bands (also abbreviated to B.B.) are a charting indicator invented by financial analyst John Bollinger. They comprise three specific lines on the price chart of any given asset. The lines are overlayed on top of price candlesticks, moving and reacting based on the asset’s price action. View live Market Cap BTC Dominance, % (CALCULATED BY TRADINGVIEW) chart to track latest price changes. CRYPTOCAP:BTC.D trade ideas, forecasts and market news are at your disposal as well.
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How to Trade Bitcoin with Bollinger Bands (and other cryptocurrencies too) // trading strategy cryptocurrency tutorial technical analysis chart charts swing day ethereum litecoin ripple explained Just showing how to ride the bollinger bands with rsi to help make better supported trades. I stick in the trade for 3-8% gains Any more questions feel free to comment or message me. Please Like ... Get your free Bitcoin Trading Plan at https://introtocryptos.ca There is no need for you to regret that you missed out on this - the training is free. Grab i... What do you all think about the Bollinger Bands? Do you personally use them? Thank you all so much for watching the video. If you enjoyed the video, please c... Get your free Bitcoin Trading Plan at https://introtocryptos.ca Join our Crypto Discord Channel: https://introtocryptos.ca/discord A methodical way to approa... Bitcoin Schmitcoin Explains Bollinger Bands - Duration: 4 ... Crypto Chart Talks - Strategy (5 Min MA / Bollinger Band) - Duration: 9:28. Crypto Chart Talks 11,878 views. 9:28. Bollinger Bands ... Welcome to the fifth episode in a series on how to set up and use Trading View to chart your favourite cryptos. Today we look at implmenting the Bollinger Bands indicator and a few tips on how to ... Some good settings to use to gain profit in trends that have good volume and spread, regardless of if the overall trend is bull or bear.