OCO orders, or One-Cancels-Other, is essentially a limit order and a stop limit order put together. It allows you to set a buy or sell above and below the current price simultaneously.
Category Archives: Cryptocurrency
Flag Patterns
A flag pattern is a price chart formation that suggests a continuation of the existing trend. Learning how to trade flags can be a lucrative tool to add to your toolbelt.
It typically happens after a significant price movement, known as the flagpole, followed by a consolidation phase that forms the flag.
Boom or Bust? Bitcoin Faces Down Key Resistance
The price of Bitcoin is facing a key resistance point this week. The bullish trend we’ve seen since the beginning of the year could come to an end, be slingshot to new highs.
Coinbase to Dump Trader-Friendly ‘Pro’ Exchange
Coinbase will be getting rid of Coinbase Pro, its secondary app geared towards experienced traders, and replacing it with advanced trading options on its flagship app. Coinbase says it’s decision was driven by the “friction” it’s customers face between the two platforms’ “overlapping services,” in a Thursday press release on Medium. Coinbase Pro offered tradersContinue reading “Coinbase to Dump Trader-Friendly ‘Pro’ Exchange”
This crypto game with strong economics heads for token launch, after seed funding closure with prominent industry leaders
Crypto and NFT based video games are popping up all over the De-Fi and crypto space. This developer thinks they’ll be the next big thing if done correctly. The COO of WazirX and Advisor for CropBytes Siddharth Menon said, “I believe crypto games are the next big thing.” Menon continues, “CropBytes is based on farming,Continue reading “This crypto game with strong economics heads for token launch, after seed funding closure with prominent industry leaders”
Reddit may be preparing to launch its own NFT platform
Social media platform, Reddit, like it’s competitors Twitter and Facebook has now joined the race to create a NFT platform by creating job postings for for a senior backend engineer for a platform responsible for “millions of users to create, buy, sell and use NFT-backed digital goods,” according to Cointelegraph.
Bitcoin decides fate of $60K as weekly close keeps BTC traders on their toes
Cointelegraph’s William Suberg delivers a price analysis on the cryptocurrency markets macroindicator and worlds largest crypto Bitcoin. “Bitcoin (BTC) is lining up a crucial weekly support test on Oct. 23,” he wrote, “after impulsive sellers moved large amounts of BTC to major exchange Binance.”
How a single-strategy crypto algorithm turned $100 into $36,205 in 10 months
Ever thought about how well a crypto trade bot could do? Well Cointelegraph has made one of sorts in conjunction with data firm, The TIE, Cointelegraph Markets Pro has developed “an algorithmic determination of how bullish or bearish current trading conditions are for a given crypto asset.” “You can’t copy this,” said Cointelegraph, Actually, noContinue reading “How a single-strategy crypto algorithm turned $100 into $36,205 in 10 months”
World Governments Scramble to Regulate the Burgeoning Crypto Market and Blockchain Supporters Welcome Reasonable Regulation
The world’s eyes have been on the crypto market after a blistering bull run upwards, and world leaders have offered mixed reactions to the technology that looks to threaten governmental monopolies on currency. Within a week The Central Bank of Kuwait issued a warning against cryptos saying that “real currency” is issued and regulated byContinue reading “World Governments Scramble to Regulate the Burgeoning Crypto Market and Blockchain Supporters Welcome Reasonable Regulation”
Top 5 cryptocurrencies to watch this week: BTC, ETH, ADA, SOL, MATIC
—Read Here— Cointelegraph often lists the top cryptos to watch for the week along with some price analysis. These are a must read for traders trying to get a leg up, and are very helpful for keeping an eye on general market sentiments.
Myriad Media 