An ascending triangle pattern is forming in the ETHUSDT 1h chart. The upper line breakout would give a bullish signal with a target price of around 3680$.
According to Cointelegraph, Ethereum options data also suggests the continuation of the current bounce, and derivatives traders expect strong resistance at 3600$.
SHIBA INU is drifting sideways without any signals for potential up or downtrend at the moment. We suggest considering a buy-trade when the price breaks the blue level, which defines the current range's upper bound. The potential targets are shown with the green lines and the suggested stop-loss level with the red one.
"Losses loom larger than gains" - this expression is a good illustration for the term "Loss aversion" - a key concept in the Prospect Theory (Kahneman and Tversky, 1979). The Prospect Theory is a psychological theory that has built foundations for the modern field of Behavioral Finance. It is the work Kahneman received a...
Faster bands is our boosted version of the famous Bollinger Bands indicator. It uses exponential smoothing and has additional features.
Bollinger Bands can be used for several purposes, including trend-following, breakouts trading, trading mean-reversion, and more. One common...