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How do spot transactions work in cryptocurrency trading? Community
Spot transactions in cryptocurrency trading involve the immediate purchase or sale of a digital asset at the current market price, known as the "spot price." In this type of transaction, ownership of...
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Why is ask size important to traders? Community
Ask size is crucial to traders because it provides insight into the current selling interest in a market. Representing the number of shares or contracts available at a specific ask price, ask size...
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What is Bullish Marubozu candlestick? Community
A Bullish Marubozu candlestick is a strong bullish signal that often suggests continued upward momentum in a financial market. This candlestick is characterized by having no wicks (or shadows) at...
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What are the reasons behind the drop in crypto coins prices? Community
The drop in cryptocurrency prices can be attributed to several factors, both internal and external, that influence market sentiment and investor behavior. Here are some key reasons behind the decline...
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How does momentum trading apply to mining stocks? Community
Momentum trading, a strategy that involves capitalizing on the continuation of existing trends in asset prices, applies to mining stocks in several ways.
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How to trade with Murrey math? Community
Trading with Murrey Math involves utilizing a set of principles based on geometric proportions and market psychology to identify potential support and resistance levels in financial markets. Here's a...