$ETH
Basic Trading Terms on Ethereum$ETH
Long / Short: Buy when expecting a price increase, and sell when expecting a decrease.
Take-Profit: Automatically determine the profit-taking point.
Limit Order: Buy or sell at a specified price.
Market Order: Buy or sell immediately at the current price.
Stop-Loss: Automatically set a loss limit to avoid significant risks.
– Technical Analysis
Title: Technical Analysis of Ethereum: Indicators and Strategy
Content:
Indicators Used:
Bollinger Bands: Define the price volatility range, the upper and lower limits provide a signal for selling or buying.
MACD: Shows market direction and current momentum.
Strategy:
1. If the price breaks below the Bands with a rising MACD → Buying opportunity.
2. If the price approaches the upper limit → Selling or taking profits opportunity.
Tip: Combining indicators with daily news monitoring gives you a better chance of making correct decisions.