Here’s 5 cryptocurrencies with bullish setups that are on the verge of a breakout

The S&P 500 ended its four-week-long recovery last week after minutes from the Federal Reserve’s July meeting hinted that the central bank’s rate hikes will continue until inflation is under control. Members of the Fed said there was no evidence that inflation pressures appear to be easing. Another dampener was the statement by St. Louis Fed president James Bullard who …

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Using Pivot Points in Forex Trading

The pivot point and its derivatives are a tool that provides forex traders with potential support and resistance levels and helps minimize risk. Using reference points such as support and resistance helps determine when to enter the market, place stops and take profits. However, many newbie traders pay too much attention to technical indicators, including the Moving Average Convergence Divergence …

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Delayed Perpetuity Definition

What is deferred perpetuity? Perpetuity is a series of fixed payments that last for an infinite period. Delayed or deferred perpetuity is a perpetual flow of cash flow that begins at a predetermined date in the future. Fixed dividend preferred stocks are often valued on a perpetuity formula. If the dividends come in five years, rather than next year, the …

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Weak address growth points to Bitcoin price failing to sustain $25K

Bitcoin (BTC) is staging a repeat of price action from May with its latest drop, the latest data shows. As the dust settles on a 6% comedown for BTC/USD, analysis argues that its trip to $25,000 was never meant to last. Realized price comes back to haunt the BTC chart After taking some by surprise with its magnitude, the latest …

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Moving Average Envelopes: A Popular Trading Tool

What is a Moving Average Envelope? Moving averages (MA) are a popular trading tool. Unfortunately, they are prone to giving false signals in choppy markets. By applying an envelope to the moving average, some of these sawtooth trades can be avoided and traders can increase their profits. Envelope trading has been a favorite tool of technical analysts for years, and …

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Can I Borrow from My Annuity for a House Down Payment?

You can borrow against your annuity to make a down payment on a house, but you must be prepared to pay interest on the borrowed funds, fees and any penalties. In fact, when looking for a way to fund your down payment, borrowing against an annuity should be a method of last resort. Key points to remember When borrowing from …

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‘Give DeFi time, it may surprise you’ — DEX CEO on state of the market

The CEO of a decentralized derivatives exchange has told Cointelegraph that many DEXs are unusable — and he’s determined to change that. Lei Wang is the head of Kinewhich aims to provide a fast, effortless way to trade derivatives across multiple blockchains. In a live ask-me-anything session on Cointelegraph’s YouTube channel, he revealed that trades using Kine’s infrastructure are completed …

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What are the main differences between a Symmetrical Triangle pattern and a pennant?

Although both the symmetric triangle and the pennant are continuation patterns with a good degree of reliability, there are two key differences between the two in terms of formations. Key points to remember A symmetric triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. Pennants are continuation patterns where a …

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How Netspend Makes Money

Netspend is a prepaid card company that offers an alternative to debit cards, credit cards, and cash. Customers provide the company with their names and addresses, and the company mails them personalized cards which they activate and load with funds. The cards are operated by Mastercard and Visa. The company also offers prepaid business solutions, such as payroll cards, tipping …

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