Your crypto world
The head and shoulders pattern is a popular technical analysis tool used by traders to identify potential trend reversals. This pattern appears on a price chart as three consecutive peaks, with the middle peak being the highest (the “head”), flanked by two lower peaks (the “shoulders”) on either side. These peaks are connected by a … Read more
The Hanging Man pattern is a bearish reversal pattern that appears at the peak of an uptrend. It indicates that despite the bullish momentum, sellers have started to outnumber buyers, causing the price to potentially reverse direction. The small body at the top of the candlestick represents a failed attempt by buyers to push the … Read more
Marubozu is a type of candlestick that has a long body and no wicks or shadows. The opening and closing prices for the time period represented by the candlestick are at the high or low point of the candlestick, indicating a strong trend in either direction. Marubozu candlesticks are considered to be significant because they … Read more
Litecoin (LTC) is a cryptocurrency that was first introduced in 2011 as one of the first altcoins (alternatives to bitcoin). Despite the fact that it was built on bitcoin’s original source code and shares some features with BTC, Litecoins was designed to outperform BTC, particularly in terms of transaction speed. Though Litecoin was a popular … Read more
In early 2021, Matic, an Ethereum infrastructure project, will be rebranded as Polygon. Polygon, which was created for Ethereum project developers, works on the facilities of the Ethereum network or blockchain to create products that make blockchain transactions faster and more secure. Polygon previously known as Matic has many goals, but making Ethereum (ETH) and … Read more
Wrapped Bitcoin is a tokenized version of the world’s most popular digital asset in the crypto world, Bitcoin. It was created by BitGo, Kyber Network, and Ren in order to integrate into the thriving decentralised finance (DeFi) ecosystem. Wrapped Bitcoin tracks the original Bitcoin price and allows DeFi users to buy and sell Bitcoin on … Read more
UNUS SED LEO is a utility token that is used throughout the iFinex ecosystem. IFinex is the parent company of Bitfinex. LEO was launched by iFinex in May 2019 with a specific goal in mind. Like most of the other cryptocurrencies, LEO was not designed to last forever. UNUS SED LEO was established after the … Read more
Avalanche (AVAX) is a blockchain platform designed for smart contracts, decentralised applications, and subnets (customized blockchains). The network prioritises fast transactions, low fees, and energy efficiency. AVAX is the native token of Avalanche. Avalanche, with its three-blockchain architecture and PoS consensus protocol, can deliver high throughput, allowing the network to grow without sacrificing security or … Read more
Uniswap is the largest Ethereum blockchain-based decentralised exchange. The UNI is the system’s native governance token. On the Ethereum blockchain, Uniswap is a system for exchanging any ERC-20 token. Uniswap is intended mainly as a tool for the community to trade tokens without platform fees or middlemen, in contrast to centralised exchanges that are designed … Read more
TRON (TRX) is a decentralised blockchain-based operating system launched in 2017 by the Tron Foundation. TRX tokens were originally ERC-20-based tokens deployed on Ethereum, but they were moved to their own system a year later. TRON is a blockchain-based operating system that aims to make this technology usable in everyday life. TRON software allows smart … Read more