News
Supply and Demand vs Support and Resistance
Supply and demand and support and resistance have a lot of similarities, but the aim of this page is to distinguish the two and identify how you can use support and resistance to trade supply and demand.
The Forces of Supply and Demand
The primitive forces of capitalism rule markets like the laws of gravity. Buyers and sellers provoke a battle to find a happy medium agreement in every financial market. As prices dance around on charts, traders are often looking for reasons to explain price movements however, the underlying source of price movement boils down to the relationship between supply and demand. Generally, positive news means increased demand and lessened supply – equating to higher prices. Negative news usually spells lower demand and increased supply.
How to Trade with Long Wick Candles
Long wick candles are recurrent within the forex market. This makes understanding the meaning behind these candles invaluable to any trader to comprehend the market dynamics during a specific period.
Morning Star Candlestick and Evening Star Candlestick
The Morning Star candlestick is a three-candle pattern that signals a reversal in the market and can be used when trading forex or any other market. Correctly spotting reversals is crucial when trading financial markets because it allows traders to enter at attractive levels at the very start of a possible trend reversal.
How to Trade with the Piercing Line Pattern
The piercing line pattern consists of two candlesticks, which suggests a potential bullish reversal within the forex market. This piercing pattern should not be used in isolation but rather in conjunction with other supporting technical tools to confirm the piercing pattern.
Trading Reversals with the Harami Candlestick
One of the most used reversal candle patterns is known as the Harami. Like most candlestick formation patterns, the Harami tells a story about real time sentiment in the market. After the pattern is composed with the closing of the signal candle, then you can look to the following candle to identify a clear bias and risk points.
The Top 100 NFT Artists
The top NFT artists, including Beeple, Pak, and Trevor Jones, are celebrated for their groundbreaking work in the digital art space. These visionaries have made a significant impact with their unique artistic styles and innovative use of blockchain technology. They actively engage with their communities, showcase their art on platforms like OpenSea, and release that captivate the NFT community. Their adaptability to the ever-evolving NFT market, technological prowess, and resilience in the face of volatility are key to their success.
The Top 20 NFT Artists
The top NFT artists, including Beeple, Pak, and Trevor Jones, are celebrated for their groundbreaking work in the digital art space. These visionaries have made a significant impact with their unique artistic styles and innovative use of blockchain technology. They actively engage with their communities, showcase their art on platforms like OpenSea, and release that captivate the NFT community. Their adaptability to the ever-evolving NFT market, technological prowess, and resilience in the face of volatility are key to their success.
The Top 10 NFT Artists
The top NFT artists in the market are known for their distinctive styles and significant contributions to the NFT space. These artists have made a mark through their innovative work, high-profile sales, and active engagement with the community. They leverage technology to create unique digital art and maintain a strong presence on platforms like OpenSea, consistently releasing new pieces to keep collectors interested. Their adaptability, innovation, and resilience in the face of market volatility are key to their success. Notable artists include Beeple, Trevor Jones, and FEWOCiOUS, among others, who have earned recognition for their artistic vision and the value of their NFTs.