ZYTrade Editor: The key to understanding the pullback is in knowing its frequency of occurrence. A pullback happens 65% of the time, on average, after a downward breakout from a chart pattern. Price drops, curls around, and returns to (or comes close to) the breakout...
ZYTrade Editor: Here’s a description of the “runner-up” cryptos whose technological features and potential functionalities may see wider adoption. Bitcoin has not only been just a trendsetter, ushering in a wave of cryptocurrencies built on a decentralized...
ZYTrade Editor: We covered this topic a few years ago. A lot has changed. Here’s the new list, updated as of June 2021. Bitcoin Market Capitalization: US$615.61 billion Bitcoin, the household name that became the synonym of cryptocurrency, was created with a...
ZYTrade Curator: As cryptos have entered the mainstream, not all investors are familiar with the basic differences between the two top-traded cryptocurrencies. So, here it is, explained. Ether (ETH), the cryptocurrency of the Ethereum network, is arguably the...
ZYTrade Curator: It’s your teen’s first foray into the world of labor and money. Don’t let him or her think of it as extra change for that thing s/he wanted to buy. The lessons go much deeper than the monetary compensation. A summer job can provide a glimpse into what...
There are many ways to detect a potential trend change. Here’s one method we took from Victor Sperandeo’s book Methods of a Wall Street Master. The rules are as follows are comprised of a given swing (A to B) and 3 conditionals: Bearish Reversal ...
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