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.
Tag Archives: BTC
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.
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.”
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.
Dollar hovers near 4-month lows, bitcoin holds bounce
—Read Here— American’s concerns of inflation begin to come to fruition as the U.S. dollar hits a 4-month low. The dollar is coming under “modest pressure” in the last few days, U.S. 10-year Treasuries yield fell to 1.604% from 1.632% over the weekend, and more data on U.S. personal consumption and inflation to come onContinue reading “Dollar hovers near 4-month lows, bitcoin holds bounce”
Bitcoin Adoption Keeps Growing During Alt Season, Blockchain Data Show
—Read Here— “Bitcoin (BTC) adoption continues to grow,” wrote desk reporter, Damanick Dantes, “even as the largest cryptocurrency loses market share to several altcoins, according to a report Tuesday by crypto research firm Coin Metrics.” Bitcoin adoption growing despite thousands jumping ship following Tesla’s announcement to halt Bitcoin payments shows that these panic sellers are no moreContinue reading “Bitcoin Adoption Keeps Growing During Alt Season, Blockchain Data Show”
Elon Musk Conveniently Ignored Bitcoin’s Inconvenient Truth
—Read Here— “Musk’s move may also indicate that Teslas weren’t flying off the shelves as a result of accepting Bitcoin payment, wrote Bloomberg Green reporter Lionel Laurent. He added that Bitcoin’s network takes a whopping estimated “20-80 terawatt hours in 2019 to more than 100 this year.” To put that number into perspective a singleContinue reading “Elon Musk Conveniently Ignored Bitcoin’s Inconvenient Truth”
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