Trend Reversal Patterns: Double Top, Head & Shoulders, Rising Wedge
In our previous article we’ve described the downtrend reversal patterns and considered the best entry points, trading strategies and Stop Loss placement techniques.
Now we will analyze such trend reversal patterns referred to as Head & Shoulders, Double Top and Rising Wedge, signaling the uptrend reversal.
Read article
In our previous article we’ve described the downtrend reversal patterns and considered the best entry points, trading strategies and Stop Loss placement techniques.
Now we will analyze such trend reversal patterns referred to as Head & Shoulders, Double Top and Rising Wedge, signaling the uptrend reversal.
Read article
Meet the updated 3Commas charts!
We are constantly improving our trading tools and this time we are happy to introduce a new function for the trading charts. This improvement allows users to create and save images, settings, and indicators on the graph, and more precisely:
🔷 When the page is refreshed, everything you have drawn will be saved;
🔷 When you update a trading pair or exchange, settings that were not linked to the pair will be saved;
🔷 The graph you have drawn will not disappear when you log out and log back in;
🔷 Indicators and chosen candle types are saved for all exchanges and pairs.
Click the link below to access a short, yet detailed video review we have prepared about these improvements.
We are constantly improving our trading tools and this time we are happy to introduce a new function for the trading charts. This improvement allows users to create and save images, settings, and indicators on the graph, and more precisely:
🔷 When the page is refreshed, everything you have drawn will be saved;
🔷 When you update a trading pair or exchange, settings that were not linked to the pair will be saved;
🔷 The graph you have drawn will not disappear when you log out and log back in;
🔷 Indicators and chosen candle types are saved for all exchanges and pairs.
Click the link below to access a short, yet detailed video review we have prepared about these improvements.
Here's our digest with the hottest news:
Capitalization: $1.8 trillion
Trading Volume (24h): $127 billion
BTC Dominance: 69.9%
BTC: 56,375$ (+4.26%)
🔹Jack Dorsey sold his first tweet in the form of a non-fungible token (NFT) for $2.91M.
🔹Cryptocurrency exchange Coinbase’s highly anticipated public offering has been shifted to April after its plan for a March listing “slipped.”
🔹Deutsche Bank, Visa, Binance and the search engine operator Naver have reportedly held talks about buying controlling stakes of Bithumb, South Korea’s biggest crypto exchange.
🔹TIME magazine released 3 special edition NFT magazine covers for auction.
🔹 Binance exchange completed the Symbol (XYM) tokens distribution to XEM holders. Users can confirm receipt of the XYM tokens via the “Transaction History” page in the Wallet page.
#3C_digest
Capitalization: $1.8 trillion
Trading Volume (24h): $127 billion
BTC Dominance: 69.9%
BTC: 56,375$ (+4.26%)
🔹Jack Dorsey sold his first tweet in the form of a non-fungible token (NFT) for $2.91M.
🔹Cryptocurrency exchange Coinbase’s highly anticipated public offering has been shifted to April after its plan for a March listing “slipped.”
🔹Deutsche Bank, Visa, Binance and the search engine operator Naver have reportedly held talks about buying controlling stakes of Bithumb, South Korea’s biggest crypto exchange.
🔹TIME magazine released 3 special edition NFT magazine covers for auction.
🔹 Binance exchange completed the Symbol (XYM) tokens distribution to XEM holders. Users can confirm receipt of the XYM tokens via the “Transaction History” page in the Wallet page.
#3C_digest
Forwarded from Binance Announcements
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Important Updates to Binance Leveraged Tokens (2021-03-25)
https://www.binance.com/en/support/announcement/fe3e53fa26f84b80a4cc7629334394ba
https://www.binance.com/en/support/announcement/fe3e53fa26f84b80a4cc7629334394ba
Hey, friends!
We’ve prepared some cool updates for you!
🔷 The ability to cancel the Take Profit ladder with one button in the edit section.
🔷 Dynamic plotting; now the candles are loaded regardless of whether you have closed the page or put your device into sleep mode.
🔷 Added a deposit button for the newly added exchanges, making it more convenient to deposit funds directly through 3Commas.
Click the link below to access a short, yet detailed video review we have prepared about these new improvements.
We’ve prepared some cool updates for you!
🔷 The ability to cancel the Take Profit ladder with one button in the edit section.
🔷 Dynamic plotting; now the candles are loaded regardless of whether you have closed the page or put your device into sleep mode.
🔷 Added a deposit button for the newly added exchanges, making it more convenient to deposit funds directly through 3Commas.
Click the link below to access a short, yet detailed video review we have prepared about these new improvements.
Here's our digest with the hottest news:
Capitalization: $1.6 trillion
Trading Volume (24h): $129 billion
BTC Dominance: 59.5%
BTC: 52,865$ (-0.75%)
🔹CBOE Global Markets Inc. is looking to get back into the cryptocurrency space after halting crypto trading two years ago.
🔹Fidelity Investments, a major investment company with more than $8 trillion under management, is preparing to launch its own bitcoin exchange-traded fund.
🔹The largest decentralized exchange, Uniswap, published details of a major update, known as Uniswap v3. An update is set to launch on May 5.
🔹 NFT Google searches have reached 2017 ICO levels.
🔹Capitalization of USDT exceeded $40 billion. A year ago, Tether's cap was at $4 billion.
#3C_digest
Capitalization: $1.6 trillion
Trading Volume (24h): $129 billion
BTC Dominance: 59.5%
BTC: 52,865$ (-0.75%)
🔹CBOE Global Markets Inc. is looking to get back into the cryptocurrency space after halting crypto trading two years ago.
🔹Fidelity Investments, a major investment company with more than $8 trillion under management, is preparing to launch its own bitcoin exchange-traded fund.
🔹The largest decentralized exchange, Uniswap, published details of a major update, known as Uniswap v3. An update is set to launch on May 5.
🔹 NFT Google searches have reached 2017 ICO levels.
🔹Capitalization of USDT exceeded $40 billion. A year ago, Tether's cap was at $4 billion.
#3C_digest
Last chance to take part in the Binance Futures trading contest! ⏰
Binance Futures trading contest ends in 24 hours; join the 3Commas team and compete for the grand prize of $450,000.
Details:
The Binance Futures Tournament runs from March 17th through April 1st.
🏆 The prize pool is $1,600,000!
💰 Daily draw of $75,000 among participants.
Participate
Binance Futures trading contest ends in 24 hours; join the 3Commas team and compete for the grand prize of $450,000.
Details:
The Binance Futures Tournament runs from March 17th through April 1st.
🏆 The prize pool is $1,600,000!
💰 Daily draw of $75,000 among participants.
Participate
👍1
Dear Traders,
Binance has announced that the following tokens will undergo a 10,000-for-1 reverse token split:
- AAVEDOWN
- DOTDOWN
- ADADOWN
- XRPDOWN
- LINKDOWN
On April 5th, 2021 at 09:00am (UTC) your SmartTrades, DCA bots, and GRID bots with the tokens mentioned above will be canceled on 3Commas.
Trading on these pairs will be disabled within the platform until April 8th, 2021.
Please check all of your open trades and bot deals to see if you will be affected.
You can learn more about the reverse token split here:
https://www.binance.com/en/support/announcement/fe3e53fa26f84b80a4cc7629334394ba
Binance has announced that the following tokens will undergo a 10,000-for-1 reverse token split:
- AAVEDOWN
- DOTDOWN
- ADADOWN
- XRPDOWN
- LINKDOWN
On April 5th, 2021 at 09:00am (UTC) your SmartTrades, DCA bots, and GRID bots with the tokens mentioned above will be canceled on 3Commas.
Trading on these pairs will be disabled within the platform until April 8th, 2021.
Please check all of your open trades and bot deals to see if you will be affected.
You can learn more about the reverse token split here:
https://www.binance.com/en/support/announcement/fe3e53fa26f84b80a4cc7629334394ba
How to Profit With the 3Commas Option Bot
The cryptocurrency industry is going through another phase of rapid development amid the current bull run. Derivative trading instruments for digital assets are becoming increasingly popular among the investors. One of the instruments referred to as Options – are contracts that are not yet so widespread among crypto enthusiasts. Thanks to the simplicity and convenience of the Option Bot by 3Commas, the entry threshold into Options trading has become much lower! Today we are going to break down the main elements of the bot’s interface and introduce the most common and profitable strategies.
Read article
The cryptocurrency industry is going through another phase of rapid development amid the current bull run. Derivative trading instruments for digital assets are becoming increasingly popular among the investors. One of the instruments referred to as Options – are contracts that are not yet so widespread among crypto enthusiasts. Thanks to the simplicity and convenience of the Option Bot by 3Commas, the entry threshold into Options trading has become much lower! Today we are going to break down the main elements of the bot’s interface and introduce the most common and profitable strategies.
Read article
Here's our digest with the hottest news:
Capitalization: $1.8 trillion
Trading Volume (24h): $136 billion
BTC Dominance: 59.3%
BTC: 58,374$ (+0.25%)
🔹PayPal started allowing U.S. consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally.
🔹Visa has announced that it will allow transactions to be settled using the cryptocurrency stablecoin USDC.
🔹UFC lightweight champion Khabib Nurmagomedov has announced the launch of his own NFT collection of digital cards.
🔹Tether has released an assurance report delivered by accounting firm Moore Cayman that shows that its stablecoins are fully backed.
🔹The amount of funds locked in DeFi exceeded $80 billion.
🔹 Binance Exchange has announced Tokocrypto (TKO) project on Binance Launchpad.
#3C_digest
Capitalization: $1.8 trillion
Trading Volume (24h): $136 billion
BTC Dominance: 59.3%
BTC: 58,374$ (+0.25%)
🔹PayPal started allowing U.S. consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally.
🔹Visa has announced that it will allow transactions to be settled using the cryptocurrency stablecoin USDC.
🔹UFC lightweight champion Khabib Nurmagomedov has announced the launch of his own NFT collection of digital cards.
🔹Tether has released an assurance report delivered by accounting firm Moore Cayman that shows that its stablecoins are fully backed.
🔹The amount of funds locked in DeFi exceeded $80 billion.
🔹 Binance Exchange has announced Tokocrypto (TKO) project on Binance Launchpad.
#3C_digest
Here's our digest with the hottest news:
Capitalization: $1.9 trillion
Trading Volume (24h): $165 billion
BTC Dominance: 57.8%
BTC: 59,802$ (+1.12%)
🔹 Investment giant BlackRock began trading Bitcoin futures according to regulatory filings published Wednesday.
🔹 Goldman Sachs aims to offer Bitcoin and other crypto investment vehicles to private wealth management clients in the second quarter.
🔹 The CME has introduced Micro Bitcoin Futures to enable more traders to get active in the Bitcoin market.
🔹 Enjin raised nearly $19 million to build Polkadot-based blockchain for NFTs.
🔹 NFT sales in March exceeded $200 million, surpassing the sales throughout 2020.
#3C_digest
Capitalization: $1.9 trillion
Trading Volume (24h): $165 billion
BTC Dominance: 57.8%
BTC: 59,802$ (+1.12%)
🔹 Investment giant BlackRock began trading Bitcoin futures according to regulatory filings published Wednesday.
🔹 Goldman Sachs aims to offer Bitcoin and other crypto investment vehicles to private wealth management clients in the second quarter.
🔹 The CME has introduced Micro Bitcoin Futures to enable more traders to get active in the Bitcoin market.
🔹 Enjin raised nearly $19 million to build Polkadot-based blockchain for NFTs.
🔹 NFT sales in March exceeded $200 million, surpassing the sales throughout 2020.
#3C_digest
Ready for your voice to be heard?
This is your opportunity to have an impact on 3Commas by voting on the features you’d find most valuable! Here’s a list of features on our roadmap.
Please take a moment to cast your vote and the 3Commas team will prioritize our developments based on the voice of the community:
https://forms.gle/FqciHgC1XsgAt3cCA
This is your opportunity to have an impact on 3Commas by voting on the features you’d find most valuable! Here’s a list of features on our roadmap.
Please take a moment to cast your vote and the 3Commas team will prioritize our developments based on the voice of the community:
https://forms.gle/FqciHgC1XsgAt3cCA
Trend Continuation Patterns: Flags, Pennants and Triangles
The basis of successful trading is understanding fundamental market patterns. Patterns such as flags, pennants and triangles are used to determine or confirm the continuation of the price movement.
In our previous articles [1] [2], we’ve looked into the trend reversal patterns. Now,we’d like to talk about how trend continuation patterns are formed, identify their key features, and consider trading strategies or convenient entry points for profitable trading with this technique.
Read article
The basis of successful trading is understanding fundamental market patterns. Patterns such as flags, pennants and triangles are used to determine or confirm the continuation of the price movement.
In our previous articles [1] [2], we’ve looked into the trend reversal patterns. Now,we’d like to talk about how trend continuation patterns are formed, identify their key features, and consider trading strategies or convenient entry points for profitable trading with this technique.
Read article
Hey, traders!
The 3Commas team has been hard at work with platform updates!
Let’s dive in and see what are the new features:
🔷 After registering and connecting your exchange, we have now created a simplified onboarding experience with immediate access to a set of trading tools, of which you can select the most suitable for your trading needs.
🔷 In the Marketplace, we have added visibility to the number of ready-to-copy/premade bots made by the signal owner. If you click on the link, you will be brought to the page with presets for the selected signal. Furthermore, a link has been added to the top of the marketplace page which will bring you to a full list of premade bots.
Click the link below to access a short detailed video review we have prepared about these new improvements!
The 3Commas team has been hard at work with platform updates!
Let’s dive in and see what are the new features:
🔷 After registering and connecting your exchange, we have now created a simplified onboarding experience with immediate access to a set of trading tools, of which you can select the most suitable for your trading needs.
🔷 In the Marketplace, we have added visibility to the number of ready-to-copy/premade bots made by the signal owner. If you click on the link, you will be brought to the page with presets for the selected signal. Furthermore, a link has been added to the top of the marketplace page which will bring you to a full list of premade bots.
Click the link below to access a short detailed video review we have prepared about these new improvements!
Here's our digest with the hottest news:
Capitalization: $1.9 trillion
Trading Volume (24h): $213 billion
BTC Dominance: 55.5%
BTC: 57,888$ (-1.29%)
🔹MicroStrategy acquired additional $15 million in Bitcoin at an average price of $59,339
🔹Grayscale is "100% committed to converting GBTC into an ETF".
🔹Two Coinbase employees exchanged NFT rings with their wedding vows.
🔹USDT will now be supported on the Polkadot and Kusama blockchains.
🔹US consumers will be able to use Elrond's eGold for purchases at Amazon, Walmart, and eBay, via Shopping.io.
#3C_digest
Capitalization: $1.9 trillion
Trading Volume (24h): $213 billion
BTC Dominance: 55.5%
BTC: 57,888$ (-1.29%)
🔹MicroStrategy acquired additional $15 million in Bitcoin at an average price of $59,339
🔹Grayscale is "100% committed to converting GBTC into an ETF".
🔹Two Coinbase employees exchanged NFT rings with their wedding vows.
🔹USDT will now be supported on the Polkadot and Kusama blockchains.
🔹US consumers will be able to use Elrond's eGold for purchases at Amazon, Walmart, and eBay, via Shopping.io.
#3C_digest
What are shitcoins and how to avoid buying them
Blockchain technology has made it possible for anyone to create their own cryptocurrencies and tokens. However, it is important to understand that not all of them will retain their value over time. Looking at Bitcoin’s growth, many novice investors are putting their money into new coins hoping that those will bring them super-profits and have the same growth path as Bitcoin.
In today’s article we will talk about shitcoins – coins with low market capitalization and no perspectives that can turn investments into serious losses for their owners. We also discuss how to avoid purchasing such coins.
Read article
Blockchain technology has made it possible for anyone to create their own cryptocurrencies and tokens. However, it is important to understand that not all of them will retain their value over time. Looking at Bitcoin’s growth, many novice investors are putting their money into new coins hoping that those will bring them super-profits and have the same growth path as Bitcoin.
In today’s article we will talk about shitcoins – coins with low market capitalization and no perspectives that can turn investments into serious losses for their owners. We also discuss how to avoid purchasing such coins.
Read article
Here's our digest with the hottest news:
Capitalization: $1.9 trillion
Trading Volume (24h): $130 billion
BTC Dominance: 55.0%
BTC: 58,130$ (+1.40%)
🔹The second oldest bank in the US, State Street, announced that it will partner with Pure Digital to create a "unique wholesale digital currency trading platform" aimed at institutions.
🔹 Former BitMEX CEO Arthur Hayes surrendered to US authorities and was released on a $10 million bond pending future court proceedings in New York.
🔹Grayscale Investments, the world's largest digital asset manager, has added Chainlink's LINK to its Digital Large Cap Fund, filling the void left in the fund after the removal of XRP.
🔹Coinbase Pro announced support of four new tokens: 1inch, ENJ, NKN and OGN.
🔹Universitatea "Lucian Blaga" Sibiu will become the first EU academic institution to accept eGold (EGLD) payments.
#3C_digest
Capitalization: $1.9 trillion
Trading Volume (24h): $130 billion
BTC Dominance: 55.0%
BTC: 58,130$ (+1.40%)
🔹The second oldest bank in the US, State Street, announced that it will partner with Pure Digital to create a "unique wholesale digital currency trading platform" aimed at institutions.
🔹 Former BitMEX CEO Arthur Hayes surrendered to US authorities and was released on a $10 million bond pending future court proceedings in New York.
🔹Grayscale Investments, the world's largest digital asset manager, has added Chainlink's LINK to its Digital Large Cap Fund, filling the void left in the fund after the removal of XRP.
🔹Coinbase Pro announced support of four new tokens: 1inch, ENJ, NKN and OGN.
🔹Universitatea "Lucian Blaga" Sibiu will become the first EU academic institution to accept eGold (EGLD) payments.
#3C_digest
Dear Traders,
Binance has announced that the following tokens will undergo a 100,000-for-1 reverse token split:
• BNBDOWN
• SXPDOWN
On April 12th, 2021 at 09:00am (UTC) your SmartTrades, DCA bots, and GRID bots with the tokens mentioned above will be canceled on 3Commas.
Trading on these pairs will be disabled within the platform until April 14th, 2021.
Please check all of your open trades and bot deals to see if you will be affected.
You can learn more about the reverse token split here:
https://www.binance.com/en/support/announcement/8587ebb4c3c94f92a4fa7ecb23781f20
Binance has announced that the following tokens will undergo a 100,000-for-1 reverse token split:
• BNBDOWN
• SXPDOWN
On April 12th, 2021 at 09:00am (UTC) your SmartTrades, DCA bots, and GRID bots with the tokens mentioned above will be canceled on 3Commas.
Trading on these pairs will be disabled within the platform until April 14th, 2021.
Please check all of your open trades and bot deals to see if you will be affected.
You can learn more about the reverse token split here:
https://www.binance.com/en/support/announcement/8587ebb4c3c94f92a4fa7ecb23781f20
Hey there, traders! 👋
We’ve prepared a video for you about some of the latest features on 3Commas.
Spoiler alert... we’ve made a couple really nice additions!
🔷 There are 5 new filter options on the Marketplace page, so now it’s easier than ever to find a bot that meets all of your trading needs. For example, you can filter bots by exchange, the number of days in use, or even apply the top CoinMarketCap filter.
🔷 Now your market profits are displayed in $ when you open the “My Trades” tab. This means that you no longer need to click “Close at market price” to see your profits.
These are just a couple of the new features reviewed in this brief video
We hope you enjoy it!
We’ve prepared a video for you about some of the latest features on 3Commas.
Spoiler alert... we’ve made a couple really nice additions!
🔷 There are 5 new filter options on the Marketplace page, so now it’s easier than ever to find a bot that meets all of your trading needs. For example, you can filter bots by exchange, the number of days in use, or even apply the top CoinMarketCap filter.
🔷 Now your market profits are displayed in $ when you open the “My Trades” tab. This means that you no longer need to click “Close at market price” to see your profits.
These are just a couple of the new features reviewed in this brief video
We hope you enjoy it!
Utilizing Moving Averages in Trading
Cryptocurrency trading is often associated with high volatility or rapid and significant price changes. This means that there is a lot of “noise” in the market, resulting in random price spikes that only give false signals to open trading positions. For this reason, traders use moving averages; a universal indicator which helps identify the moving trend and point out an entry into a trading position.
Read article
Cryptocurrency trading is often associated with high volatility or rapid and significant price changes. This means that there is a lot of “noise” in the market, resulting in random price spikes that only give false signals to open trading positions. For this reason, traders use moving averages; a universal indicator which helps identify the moving trend and point out an entry into a trading position.
Read article
Here's our digest with the hottest news:
Capitalization: $2.2 trillion
Trading Volume (24h): $214 billion
BTC Dominance: 53.7%
BTC: 64,166$ (+4.89%)
🔹Bitcoin futures open interest across major exchanges reached another record highs of more than $27B.
🔹Time magazine will create a series of educational cryptocurrency videos for Grayscale and get paid in bitcoin.
🔹OKEx is launching a $10M fund to support the Filecoin ecosystem.
🔹Origin (OGN) and Google Cloud Marketplace will collaborate to raise NFT adoption.
🔹Binance is launching zero-commission tradable stock tokens; The first token to be listed is Tesla.
#3C_digest
Capitalization: $2.2 trillion
Trading Volume (24h): $214 billion
BTC Dominance: 53.7%
BTC: 64,166$ (+4.89%)
🔹Bitcoin futures open interest across major exchanges reached another record highs of more than $27B.
🔹Time magazine will create a series of educational cryptocurrency videos for Grayscale and get paid in bitcoin.
🔹OKEx is launching a $10M fund to support the Filecoin ecosystem.
🔹Origin (OGN) and Google Cloud Marketplace will collaborate to raise NFT adoption.
🔹Binance is launching zero-commission tradable stock tokens; The first token to be listed is Tesla.
#3C_digest