Technical Analysis Tools Used in Stock Trading

Stock Trend Line  

A stock trend line is a technical analysis indicator consisting of at least three points plotted on a chart for security to form an upward sloping or downward sloping trend line. You can use the slope and direction of the trendline to forecast future prices. 

Short selling signals are often derived from these lines by considering where the price has broken below a previously identified support level, reaching toward a new resistance level which may indicate further price declines ahead. Basing the trend line on the closing price for candlestick charts can produce a more reliable line.

The Relative Strength Index

(RSI) measures the magnitude of recent gains and losses over a specified period. If the RSI is between 30 and 0, the security is overbought because investors are buying aggressively. If it is between 0 and 30, the asset is oversold and primed for a rally. …

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Oracle has a DeFi problem now, ChainLink could help

Decentralized Finance has been continuously rising and growing, but it still has not been fully figured out by a lot of the commentators. The mechanisms and nuances are still to be discovered by most of them, and to be quite frank, they should hurry. The pace of innovation is impressive (and exhausting).

There are ongoing works and projects coming from all around the world, and we’re going to focus more on one solution, that (if it succeeds) could become something revolutionary. These are the ‘oracles’ for the Decentralized Finance world, which could enable experts to have access to the detailed real-time assets price.

So what is Chainlink doing in the middle of this?

Chainlink is among the companies that are active in this space, and really, it’s an interesting option for the investors. While some are looking for lucrative investment options, others are looking for ways to partner up with

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Golden 5 rules to manage your trading emotions

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Emotions instigate the trader to make the wrong decision. If you want to make money, you have to keep the emotion separate from the trading decision. People should learn to control their emotions as it is necessary to perform better. Investors should not try to make any decision emotionally, it can cause huge problems. When the person will be able to think logically and act practically, he will be able to gain success. There are some ways of controlling emotions which will help the person to control this. Let’s know about these.

Take a Break

Continuous work is not good for making progress. When you will work continuously, it is not possible to do well. But, if the investor takes the break, he will be able to reduce the negative emotions and generate positive energy. Traders in Singapore should take proper rest so that they can be able to …

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How to Find the Safest Cash Loans

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With the contribution of online technology to the financial world, many cash related aspects have become simpler and faster. Nonetheless, this does raise a few questions regarding security and safety. Although many rely on the help of cash loans for the current everyday expenses, borrowers are responsible for making sure they are dealing with safe loan providers.

There are many things to consider when searching for a cash loan — from debt repayment to interest rate and the loan amount—however, before diving into all of those, one must make sure they are dealing with a safe lender.

How to Know Your Online Lender Is Secure?

Conducting the right amount of research and analysis will help you narrow down the reputable lenders around you to work with. While doing your study, always read each lender and loan website’s positive and negative before signing up for their services. Make sure to revise …

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6 Tips For Starting Your Own Business

6 TIPS FOR STARTING YOUR BUSINESS AND SUCCEEDING IN IT

Being an entrepreneur is not easy, but if you have a strong determination and always try, surely you will achieve success in business. Here are 6 tips for starting your business.

1. Passion and Dedecation

In every challenge, at least you have to know if you want to start. You might know some small business ideas, but you won’t be successful if you don’t like them. What do you like, your needs and desires? the first is what you want to sell, regardless of the hard work that goes with it. If you like beauty, then sell cosmetics, and if you like cookies then sell cookies. This is one of the things that you need to know to start a business.

2. Market Research

There is no doubt that there are many entrepreneurs around you selling goods that you want to sell, so you must learn the basics of …

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