Oversold Signals for AVAX and ATOM on the Daily Chart
The crypto market is no stranger to volatility, with price swings often driven by myriad factors. However, for traders and investors, certain technical indicators can provide insight into potential future price movements. One such crucial indicator is the Relative Strength Index (RSI), particularly when it suggests that a token is oversold. Recently, both Avalanche (AVAX) […]
BNB’s Pivotal Breakdown: Why the $220 Threshold Was Crucial and What Lies Ahead for This Crypto Giant
BNB has been navigating turbulent waters. Currently trading at $217, the token has experienced a price decline of 0.5% within the last 24 hours. While such daily fluctuations may be typical in the volatile cryptocurrency landscape, looking beyond mere daily shifts is essential. BNB’s recent bearish breakout from its Ascending Triangle pattern is a cause […]
Trading Snapshot – 25 AUG 2023: Taking Some Risk Pays Off
Bucking the trend isn’t always easy, but when it pays off, it’s a thing of beauty. While the crypto streets echoed with caution, our Crypto Trading Bot danced to its own rhythm. Taking an audacious leap with Risk Level 100, we reaped the rewards of a decisive +6.96% profit. With 12 long trades, our bot’s […]