quintomudigo

Trader, blockchain technologist and contentpreneur

Rate of change is a momentum oscillator indicator. 

As a momentum oscillator indicator, Rate Of Change indicator was created by Fred G Schutzman with the main objective of helping traders to know the direction of the market as well as whether the market is in an overbought or oversold condition by measuring the percentage change in current price to that of n period price. As an oscillator indicator, Rate of change indicator has an oscillation at point 0.000. At below -3 that is an oversold market while at above 3 that is an overbought market.

Therefore, according to Fred G Schutzman, the values of Rate of change indicator is therefore calculated using the following formula;

Rate Of Change =( (current price/price of n periods ago)-1)*100

Furthermore, Rate of change can further be explained based on oversold and overbought condition as follows;

1. Rate of change cryptocurrency oversold

Since rate of change is an oscillator and has oscillation at point 0.000 and is based on oversold and overbought in the market,it therefore follows that when the ROC curve falls below -1 then that will be an indication that the market is moving downwards thus the traders should be trading downwards.When the ROC curve falls below -3,that will be an indication that the market has become oversold thus the cryptocurrency trader should purchase a given number of cryptocurrency with their USDT balance. The cryptocurrency trader can either place a market buy order which will instantly be executed or they can place a limit buy order which will be executed when the market reaches their buy limit order price.This is indicated as from the candlesticks chart below;

The above market is that of TRX in terms of USDT. From the market,two points are being indicated. There is point A and point B. Point A is the Rate of change indicator while point B represents the oversold point. At point B the rate of change indicator has fallen below -3 thus an indication of an oversold condition over there. This signals the cryptocurrency trader to purchase a given amount of TRX with their USDT balance. The cryptocurrency trader can either place a market buy order which will be processed immediately or they can place a limit buy order which will be processed when the market reaches their limit buy order. When their order is being executed the account of the cryptocurrency trader will start increasing in value.

2. Rate of change cryptocurrency overbought

Since rate of change is an oscillator and has oscillation at point 0.000 and is based on oversold and overbought in the market,it therefore follows that when the ROC curve rises above 1 then that will be an indication that the market is moving upward thus the  traders should be trading upward.When the ROC curve rises above 3,that will be an indication that the market has become overbought thus the cryptocurrency trader should sell a given amount of cryptocurrency which he had previously purchased and is currently holding. The cryptocurrency trader can either place a market sell order which will be processed immediately or they can place a limit sell order which will be processed when the price in the market reaches their limit sell order. This is indicated as from the chart below;

The above market is that of TRX in terms of USDT. From the market,two points are being indicated. There is point A and point B. Point A is the Rate of change indicator while point B represents the overbought point. At point B the rate of change indicator has risen above 3 thus an indication of an overbought condition over there. This signals the cryptocurrency trader to sell a given amount of TRX which he had previously purchased and is currently holding. The cryptocurrency trader can either place a market sell order which will be executed immediately or a limit sell order which will be executed when the market reaches their sell limit order price. When the order is being executed,the account of the cryptocurrency trader will increase in value in terms of USDT.

Cryptocurrency market is a highly volatile market. As a cryptocurrency trader,whenever you place a buy order,always make sure to apply risk management so that whenever your buy order goes against you, your account do not depreciate so much in value.

To receive our post directly to your telegram, then you can join our telegram channel from below

t.me/TeacherForexSchool

 You can also join our telegram group to be able to comment on our channel post or support us over there .You can as well share your trading idea and market idea for both fiat and cryptocurrency and be able to be supported by other community member over there on the group with crypto. Here is the link to our telegram group

https://t.me/joinchat/DUNfZg9fTQttyxxGuNKAbg

You are always free to support our work from below;

skrill donation :mudigoomondi@gmail.com

Neteller donation :mudigoomondi@gmail.com

Bitcoin:3AFeiwUp6erj2iRBmdsnc7YhC7gcYVD6oj

Ethereum; 0x346570c491b76c7cd51699bdd272762111b743a9

Litecoin: LeEH7B82ccXJ6QoibCryGJNpDGNx2x77fL

Dogecoin: DLShs2vqhMc1ggqo8MPPMBTcPAZdqCZoWd

lightning network:tipping.me:https://tippin.me/@quintomudigo

  XRPtIPBOT: in all platform: username is: quintomudigo

True strength index is a crossover momentum oscillator indicator.

As a crossover momentum oscillator indicator,True strength index  indicator was created by William Blau to help traders know whether the market has experienced an overbought or oversold condition.As a crossover momentum oscillator,True strength index  indicator  has two crossover lines,the red and the blue line.The red line indicates the signal line  while the blue line indicates the true strength indicator.

True strength index  indicator has oscillation at point  0 ranging between -100 to 100. When crossover occurs at above 25,that is an indication of an overbought market while when it occurs at below -25,that is an indication of an oversold market.

According to William Blau, the values of True strength index is calculated as follows;

True strength index indicator(TSI)\=( DOUBLE SMOOTH PRICE CHANGE/DOUBLE SMOOTH ABSOLUTE PRICE CHANGE)*100

We can therefore further explain the indicator based on oversold and overbought condition as follows;

1. True strength index cryptocurrency oversold

Since True strength index indicator is an oscillator and is based on crossover of the TRI above or below the signal line to indicate oversold and overbought in the market ,it therefore follows that when the True Strength index crosses above the signal line at below -25,that will be an indication of an oversold market thus the cryptocurrency trader should buy a given amount of cryptocurrency with their USDT balance. The cryptocurrency trader can either place a market buy order which will be processed immediately or they can place a limit buy order which will be processed when the market reaches their limit buy order. This is indicated as from the candlesticks chart below;

The above is a market for TRX. From the market,three points are being indicated. There is point A ,Point B and point C. Point A represents the True Strength index while point B represents the signal line. On the other hand,point C is the oversold condition point. At point C,the True strength index has crossed above the signal line at below -25 thus an indication of an oversold market over there. This signals the cryptocurrency trader to purchase a given amount of TRX with their USDT balance. The trader can either place a market buy order which will be processed immediately or they can place a limit buy order which will be executed when the price in the market reaches their limit buy order. When the order is being processed,their account will start increasing in value in terms of USDT if the market is moving upwards.

  2. True strength index cryptocurrency overbought

Since True strength index indicator is an oscillator and is based on crossover of the TRI above or below the signal line to indicate oversold and overbought in the market ,it therefore follows that when the True Strength index crosses below the signal line at above 25,that will be an indication of an overbought market thus the cryptocurrency trader should sell a given amount of cryptocurrency which he had previously purchased and is currently holding in order to avoid declining the value of their account. The cryptocurrency trader can either place a market sell order or they can place a limit sell order. The market sell order will be processed immediately while the limit sell order will be processed when the market reaches their limit order price. This is indicated as from the candlesticks chart below;

The above is a market for TRX. From the market,three points are being indicated. There is point A ,Point B and point C. Point A represents the True Strength index while point B represents the signal line. On the other hand,point C is the overbought condition point. At point C,the True strength index has crossed below the signal line at above 25 thus an indication of an overbought market over there. This signals the cryptocurrency trader to sell a given amount of TRX which he had previously purchased and is currently holding so that their account do not decrease in value. The cryptocurrency trader can either place a market sell order which will instantly be processed or they can place a limit sell order which will be processed when the market reaches their limit sell order price. When their order is being executed, their account will increase in value in terms of USDT.

Cryptocurrency market is a highly volatile market. As a cryptocurrency trader,whenever you place a buy order,always make sure to apply risk management so that whenever your buy order goes against you, your account do not depreciate so much in value.

To receive our post directly to your telegram, then you can join our telegram channel from below

t.me/TeacherForexSchool

You are always free to support our work from below;

skrill donation :mudigoomondi@gmail.com

Neteller donation :mudigoomondi@gmail.com

Bitcoin:3AFeiwUp6erj2iRBmdsnc7YhC7gcYVD6oj

Ethereum; 0x346570c491b76c7cd51699bdd272762111b743a9

Litecoin: LeEH7B82ccXJ6QoibCryGJNpDGNx2x77fL

Dogecoin: DLShs2vqhMc1ggqo8MPPMBTcPAZdqCZoWd

lightning network:tipping.me:https://tippin.me/@quintomudigo

XRPtIPBOT: in all platform: username is: quintomudigo

RSI is an oscillator indicator while moving average is a trend indicator.

Today being Friday December the 13th of 2019, the EUR/USD market has been in a bullish trend most of the time.EUR/USD market has managed to rise above 1.1185. The question is will this bullish trend continues or will the EUR/USD market reverse and become a bearish trend. This is indicated from the candlesticks chart below;

From the candlesticks chart above, there is point A which is located along the RSI and point B located along the moving average. Although the EUR/USD market has been in a bullish trend most of the time and we don't know whether the EUR/USD market will continue to be in this bullish condition or it will reverse and become a bearish trend, we can use the concept of RSI and moving average to predict the direction of the EUR/USD market for the remaining time.  

Concept of RSI

Using the concept of RSI, the market is normally considered to be overbought if the RSI rises above 70 and oversold if the RSI falls below 30. At point A, the RSI has risen above 70 thus an indication of an overbought EUR/USD market condition. Although the EUR/USD market has been bullish today and managed to rise above 1.1185, we can decide to follow the concept of RSI and open a sell position because at above 70, that is an indication of an overbought market condition thus the EUR/USD market will reverse and start downwards trend.  

Concept Of Moving Average

Using the concept of moving average ,the market is considered to experience a reversal trend if the price rises above the highest high of a moving average or falls below the lowest low of a moving average.At point B, the price has risen above the highest high of a moving average thus a downward reversal trend has started to take place. Although today the EUR/USD market has been in a bullish trend and managed to rise above 1.1185, We can decide to follow the concept of moving average because the price has risen above the highest high of a moving average and open a sell position. Here is how our trading idea for EUR/USD  sell market looks like today;

  SELL 1.1185      T/P 1.1125 S/L  1.1235  

Make sure to apply risk management while opening your position because this is not an investment advice but just a trading idea

  RSI is an oscillator indicator to help traders know of an overbought or oversold market condition while Moving average is a trend following indicator for helping traders to know whether the market has gained support or resistance.

On Wednesday 11th December of 2019, the EUR/USD market has been downtrending most of the time thus some few traders has been profiting from the trend while majority of the traders have been affected by this downward trend .The EUR/USD market has managed to go as low as 1.1070. This downwards market movement is being indicated as from the candlesticks chart below;

From the EUR/USD candlesticks chart market above, there are two points, point A and point B. Point A being located along the RSI while point B being located along the moving average. As you can see from above, the EUR/USD market has been bearish most of the time .We are not sure whether the market will start a bullish trend but with RSI and moving average indicator, we can be able to predict the direction of EUR/USD market for the remaining time as follows;

CONCEPT of RSI

Using RSI concept,the market is considered to be in overbought condition when RSI rises above 70 and to be in oversold condition when RSI falls below 30. At point A,the RSI has fallen below 30 thus and indication of an oversold market condition. At that point,the price is at 1.1070. As a trader, we will follow the RSI concept and open a buy position over there at a price of 1.1070.

CONCEPT of Moving average

Using the Moving average concept,the market is considered to gain a resistance point if the price rises above the highest point of moving average and to be in support point if the price falls below the lowest point of moving average. At point B,the price has fallen below the lowest point of Moving average at 1.1070 .As a trader,we will follow the Moving average concept and opens a buy position at a price of 1.1070.  Our trading ideas strategies for today for EUR/USD pair is as follows;

buy 1.1075    T/P  1.1115  S/L  1.1015

This is not an investment advice,it is only a trading idea. Always make sure to apply risk management while opening your position.

Loom is a native coin of the loom network created and issued on the ethereum network. As a native coin of the loom network,loom coin can be used by developers of the loom network to pay for the transaction of their Dapps on the loom network. One user wanting to transfer their loom coin to another user must also use the loom coin to pay for transaction cost so that the validators running the network can initiate the transaction. This makes it to be a decentralized asset.Loom coin can also be used by different Dapps to reward the users of their Dapps.Loom coin has a maximum supply of 1 billion coin and is being abbreviated as LOOM. Loom coin uses a delegated proof of stake consensus.Because of this,stakers can use their coins to vote for any verified validators to use them to secure the network thus in return they receive reward. The validator and the staker are further being explained as follows;

a. Validator

In the loom network,the validators are the one responsible to run the network as well as to validate any transaction taking place on the loom network. In order for them to conduct all these functions,they need to receive some votes from several stakes. The minimum number of votes they should receive in their smart contract address should be 1.25 million according to the loom network.The validator should also have a 24 hour running internet connection and a hard disk space computer of not less than 1TB. The validators will charge different commission fees to different stakers which will be considered as their main income. As a validator,the more voting power they have the more commission income they will be able to receive. You can click on the link below to see several validators on the loom network. If you want to become one then you can also learn form there;

https://dashboard.dappchains.com/validators  

b.staker

In the loom network,the stakers are the one responsible for voting to different validators so that they can run the network.The minimum amount that one should delegate to any verify validator should be 1 loom coin. Upon delegating the amount,it will be locked for a given period of time. On your staking account,you will be able to see the amount of reward you have managed to receive on a given day. As a staker,the more amount you delegate the more reward you will be able to receive. 

Therefore, in order to participate in the staking process on the loom network, the following are some of the steps involved;

1. Visiting the loom website

Before you can start staking on the loom network,you should first of all visit their website.Here is the link redirecting you to the loom website;

https://loomx.io/ 

On their website,there are several sectors indicated. They include; LOOM, Developer Doc, Staking Dashboard token Faq and blog. Here is how they look like;

Image source: https://loomx.io/

As indicated from the above image,there is a staking dashboard sector. Click on that sector so that you can be redirected to the staking page.Here is the link to the staking page

https://dashboard.dappchains.com/login 

2. Login to the staking page

On the staking page, there is a sector that is telling you to select wallet. Several wallets are being indicated from there. Here is how they look like;

Image source: https://loomx.io/

From the above image,you can choose the wallet you want to link your staking account with.For our choice,we will choose metamask. Therefore,you should click on the metamask provided that you have installed the metamask extension to your browser. When you click over there,you will be redirected to your staking account. Here is a view of your staking account.

Image source: https://loomx.io/

3. Delegating your loom coin balance to delegator

From above,two images are being indicated. The first image shows the amount of loom balance in the staking account while the second image shows the claimed reward button and the stake token button. In order to delegate your coin,click on the stake token button. When you click,you will be redirected to several validators. Here is an image showing the list of several validators.

Image source: https://loomx.io/

From the above listed validators,click to any validator that you want to delegate your loom coin to. You will be riderected to that validator page and a button indicated as stake tokens. Here is how it looks like;

Image source: https://loomx.io/

From the above image, click on the button indicated as stake tokens. When you click on the stake tokens button,you will be redirected to blank space to insert the amount you want to stake as well as the period you want to stake. The period ranges from 2 weeks, 3 months, 6 months and 1 year. For two weeks, the interest for the whole year is 5% while for 3 months it is 7.5% the whole year. For 6 months it is 10% the whole year while for 1 year it is 20% the whole year. Insert the amount you want to stake and you click on the period you want to lock your loom coin. The more the locking period the more the reward while the less the locking period the less the reward. Here is how it looks like;

Image source: https://loomx.io/

Provided that you have enough loom coin in your account,you can click on the delegate button after you have inserted the amount you want to lock and the period you want to lock your loom coin. When you click on the delegate button, your loom coin will be successfully be delegated to the validator that you will have chosen. From there you will be claiming the reward your account will be receiving. That's all. Start staking as quickly as you can and you start receiving reward. What are you waiting for.

If you feel that we need to own some loom coin for helping you know how to stake it, then here is our loom coin address;

loom993a03a479fd5cc7ae4430b807741805a828d1bb

You are also free to support our work using other tips from below;

 skrill donation :mudigoomondi@gmail.com

Neteller donation :mudigoomondi@gmail.com

Bitcoin:3AFeiwUp6erj2iRBmdsnc7YhC7gcYVD6oj

Ethereum; 0x346570c491b76c7cd51699bdd272762111b743a9

Litecoin: LeEH7B82ccXJ6QoibCryGJNpDGNx2x77fL

Dogecoin: DLShs2vqhMc1ggqo8MPPMBTcPAZdqCZoWd

lightning network:tipping.me:https://tippin.me/@quintomudigo

 XRPTipbot: username in all platform: quintomudigo

Ontology is a native coin of the ontology network. As a native coin of the ontology network,ontology coin can be transferred from one smart contract address to another without the need of a third party.The first smart contract address must pay a transaction fee in form of ontology gas in order for the transaction to reach the second smart contract address. In order for the transaction to reach the second smart contract address, it must be validated by the validators running the network. Ontology coin can also be used by several stakers to vote the validators who should be running the network thus in return they receive reward in form of ontology gas when their coins is being used to secure the network and to validate transaction taking place on the network. This makes it a delegated proof of stake coin. During its ICO, one ontology coin was going for $0.2 .Some months later, the price went as high as $10. The price then dropped to $0.6. Currently, one ontology coin is trading at around $0.6. The increase in price was due to an increase in the number of stakers to delegate their coins to several validators. The decrease in price again was due to several stakers and early investors dumping their holding together with their reward in order to profit from this increase in price. The price analysis of ontology coin based on delegated proof of stake consensus can further be explained as follows.

Delegated proof of stake consensus 

Ontology coin uses delegated proof of stake consensus. In this consensus, the delegator's will delegate their smart contract address balance of ontology to several validators so that they can use those balance to secure the ontology network as well as to validate any transaction taking place on the ontology network. In this consensus, if more coins are being delegated to several delegates ,then there will be inefficiency of the coin in the network thus its price will rise due to its increase in demand while if less coins are being delegated to several delegates, then there will be surplus of the coin to its network thus its price will decline . The future price prediction of ontology coin based on the delegated proof of stake consensus can further be explained using the bullish and bearish concept as follows;

1. Ontology bullish condition based on the consensus used

In a bullish condition, the ontology coin will be considered to be moving in an upward market direction. When the ICO of ontology coin was conducted , one ontology coin was going for $0.2. In a very short period of time , the price managed to go as high as $10. This increase in price was due to an increase in the number of stakers delegating their ontology coin to several verified stakers thus causing the ontology coin to become inefficiency in its network. The price then decline to $0.6 and has managed to maintain that trend. This decrease in price was due to the dumping of ontology coin together with the reward by early investors as well as stakers . In the near future, if more stakers will enter the staking program of ontology due to an increase in its reward, then the ontology coin will further becomes inefficiency in its network thus its price will further increase. In one year time, the price can go as high as $2. The analysis of ontology coin based on the consensus used is further being indicated as from the candlesticks chart below; 

The above chart represents the future price prediction of the ontology used. Two points are being indicated. There is point A and point B. Before point A, the price of ontology coin can be seen to have been rising all the way to $0.6037. This increase in price has been due to an increase in the number of stakers delegating their ontology coin to several validators thus causing an inefficiency of ontology coin in its network. This inefficiency is what results to an increase in its demand thus causing the price to go as high as $0.6037 as stated above. Some stakers then unlock their ontology coin together with their earned ontology gas and dump them in several exchanges thus causing the price to slightly dropped to point A at $0.5928. Some more stakers then continue to join the staking program by delegating more of their purchased ontology coin to several delegates thus causing the price to rise again to point B at above $0.6037. In the near future, if more stakers will continue to join the ontology staking program due to an increase in its reward, then the price will continue to rise to above point B. In one year time from now, the price can manage to go as high as $2. For investors, this is the right time to purchase ontology coin. 

2. Ontology bearish condition based on the consensus used

In bearish condition, the ontology coin will be considered to be moving in a downward market direction. When the ICO of ontology coin was conducted, one ontology coin was going for $0.2. In a very short period of time, the price managed to go as high as $10. This increase in price was due to an increase in the number of stakers delegating their ontology coin to several verified stakers thus causing the ontology coin to become inefficiency in its network. The price then decline to $0.6 and has managed to maintain at that trend . This decrease in price was due to the dumping of ontology coin together with the reward by early investors as well as stakers. In the near future, if the ontology staking reward will decline, then the price will also decline . Here is a chart showing the price analysis of ontology based on the consensus used.

The above chart represents the future price prediction of the ontology coin. Two points are being indicated. There is point A and point B. Before point A , the price of ontology coin can be seen to have been declining all the way to $0.5928. This decrease in price has been due to an increase in the transaction cost thus causing many Dapps to shift to other network. This result to a decline in the staking reward program thus causing many stakers to unlock their staked ontology coin together with their reward and dump them in several exchanges. This dumping is what result to a decline in price to $0.5928 as indicated above. Some existing Dapps then purchase the ontology coin so that it can be used to perform several functions in their Dapps like paying their users and paying for transaction cost. Because of this,the price slightly rises to point A at $0.6037. The ontology platform further increases the transaction cost in their network thus causing more Dapps to continue to exit the platform due to a decline in their revenue. Because of this, more stakers continue to unlock their ontology coin together with their reward due to a decline in the staking reward and continue dumping them in several exchanges thus causing the price to further decline all the way to point B at below $0.5928. In one year time, if this will continue to happen,then the price can go as low as $0.4. I am not bearish for ontology but if you are bearish and think this can happen, then you can sell them at current market price if you are holding them.

Summary

ontology coin conducted its ICO in early 2018 where one coin was going for $0.2. In a very short period of time, the price managed to go as high as $10 but later dropped to $0.6 where it is currently trading at. The increase in price was due to an increase in the number of stakers while the decline in price was due to dumping of coin by early investors as well as early stakers in order to profit from it. Therefore, we can say that an increase in the number of stakers will result to an increase in the price of ontology coin while a decrease in the price of ontology coin will result to a decrease in its price.

You are always free to support our work . Here are our tipping details

skrill donation :mudigoomondi@gmail.com

Neteller donation :mudigoomondi@gmail.com

Bitcoin:3AFeiwUp6erj2iRBmdsnc7YhC7gcYVD6oj

Ethereum; 0x346570c491b76c7cd51699bdd272762111b743a9

Litecoin: LeEH7B82ccXJ6QoibCryGJNpDGNx2x77fL

Dogecoin: DLShs2vqhMc1ggqo8MPPMBTcPAZdqCZoWd

lightning network:tipping.me:https://tippin.me/@quintomudigo

 XRPTipbot: username in all platform: quintomudigo

Ultimate oscillator is an oscillator indicator.

As an oscillator indicator,Ultimate oscillator indicator was created by Larry Williams to help traders know the direction of the market as well as to know whether the market is in an overbought or oversold condition. By helping traders to know the direction of the cryptocurrency market,it normally applies the concept of divergence.Ultimate oscillator is also used to measure the price momentum using three time frames, 7,14 and 28.

Therefore,since ultimate oscillator is based on divergence, it therefore follows that when the price in the market is falling while the ultimate oscillator is rising,the price will reverse and start moving upward in the same direction as the ultimate oscillator.On the other hand,when the price of a given cryptocurrency market is rising while the ultimate oscillator is falling,the ultimate oscillator will also reverse and start moving downwards in the same direction as the ultimate oscillator. We will not use charts to go into detalails for this.Instead,we will consider the overbought and oversold charts since most traders depend on them to enter the market.

1. Ultimate oscillator,oversold market

Since ultimate oscillator is an oscillation indicator,it can be seen oscillating from 20 to 80.This makes it to work on the same concept like RSI. Therefore,when the ultimate oscillator falls below 30,that will be an indication of an oversold market condition thus signalling the cryptocurrency trader to purchase a given amount of cryptocurrency with their USDT balance. As a cryptocurrency trader,one can either place a market buy order or a limit buy order. For market buy order,the transaction will be processed upon the placement of the order while for limit buy order,the transaction will be executed when the price in the market reaches the buy limit order price. This is indicated as from the candlesticks chart below;

In the above chart,two points are being indicated. There is point A and point B. Point A represents the ultimate oscillator while point B represents the oversold point. At point B, the ultimate oscillator  has fallen below 30 thus an indication of an oversold condition over there. This signals the cryptocurrency trader to purchase a given amount of TRX with their USDT balance. The trader can choose to use market buy order or limit buy order. The market buy order will instantly be processed while the limit buy order will be processed when the price in the market reaches a buy limit order. When the order is being processed,the account of the trader will start increasing in value if the market is moving upwards.

2. Ultimate oscillator overbought market

Since ultimate oscillator is an oscillation indicator,it can be seen oscillating from 20 to 80.This makes it to work on the same concept like RSI. Therefore,when the ultimate oscillator rises above 70,that will be an indication of an overbought market condition thus signalling the cryptocurrency trader to sell a given amount of cryptocurrency which he had previously purchased and is currently holding. The cryptocurrency trader may decide to use a market sell order which will be processed instantly or a limit sell order which will be executed when the price in the market reaches their limit sell order.This is indicated as from the candlesticks chart below;

In the above chart,two points are being indicated. There is point A and point B. Point A represents the ultimate oscillator while point B represents the overbought point. At point B, the ultimate oscillator  has risen above 70 thus an indication of an overbought point over there. This signals the cryptocurrency trader to sell a given amount of TRX which he had previously purchased and is currently holding to avoid declining the value of their trading account. The trader can place a market sell order or a limit sell order. The market sell order will instantly be processed while the limit sell order will be processed when the market reaches their limit sell order price. When the processing of their order is completed,their account will be seen to have increased in value in terms of USDT.

Cryptocurrency market is a highly volatile market. As a cryptocurrency trader,whenever you place a buy order,always make sure to apply risk management so that whenever your buy order goes against you, your account do not depreciate so much in value.

To receive our post directly to your telegram, then you can join our telegram channel from below

t.me/TeacherForexSchool

You are always free to support our work from below;

skrill donation :mudigoomondi@gmail.com

Neteller donation :mudigoomondi@gmail.com

Bitcoin:3AFeiwUp6erj2iRBmdsnc7YhC7gcYVD6oj

Ethereum; 0x346570c491b76c7cd51699bdd272762111b743a9

Litecoin: LeEH7B82ccXJ6QoibCryGJNpDGNx2x77fL

Dogecoin: DLShs2vqhMc1ggqo8MPPMBTcPAZdqCZoWd

lightning network:tipping.me:https://tippin.me/@quintomudigo

Aroon oscillator is a crossover oscillator indicator.

As a crossover oscillator indicator,Aroon oscillator indicator was created by Tushar Chande with the main objective of helping cryptocurrency traders to know the direction of the cryptocurrency market as well as to identify overbought and oversold points. As a crossover oscillator indicator,Aroon oscillator indicator is based on Aroon up and Aroon down lines.Aroon up is mostly indicated using blue line while Aroon down is mostly indicated using red line.

Since Aroon oscillator indicator is an oscillator,it therefore has an oscillation at point 0 ranging from 0 to 100.

Aroon oscillator normally uses  a period of 25. With this period,its value is calculated as follows;

Aroon oscillator\= Aroon up – Aroon down

where as

Aroon up = ((25-periods since 25 period high)/25)*100;

Aroon down = ((25-periods since 25 period low)/25)*100;

1. Aroon oscillator oversold cryptocurrency

Since Aroon oscillator is a crossover oscillator with an oscillation at point 0 ranging between 0 to 100,it therefore follows that when Aroon(down) oscillator crosses aroon up at above 0.00 then the cryptocurrency trader should be trading in a  downward direction .Furthermore,if aroon down crosses aroon up at below 50,that will be an indication of an oversold market thus the cryptocurrency trader should buy a given amount of cryptocurrency. The cryptocurrency trader can either decide to use a market buy order which will be processed instantly or they can decide to use a limit buy order which will be processed when the market reaches their limit buy order. This is being shown from below chart;

The above is a price analysis of TRX in terms of USDT. Three points are being indicated. There is point A ,point B and point C. Point A is the Aroon down while point B is the Aroon up. On the other hand,point C is the oversold crossover point. At point C,the Aroon down has crossed above Aroon up at below 50 thus an indication of an oversold condition over that point.This signals the cryptocurrency trader to buy a given amount of TRX with their USDT balance.As a cryptocurrency trader,one can either place a market buy order or a limit buy order. The market buy order is being executed when the order is being placed while the limit buy order is being processed when the price in the market reaches the limit buy order price. When the order is being placed and the market starts moving upwards,then the account of the traders will start increasing in value.

2. Aroon oscillator overbought cryptocurrency

Since Aroon oscillator is a crossover oscillator with an oscillation at point 0 ranging between 0 to 100,it therefore follows that when Aroon(up) oscillator crosses aroon down at above 0.00 then the cryptocurrency trader should be trading in an upward direction .Furthermore,if aroon up crosses aroon down at above 50,that will be an indication of an overbought market thus the cryptocurrency trader should sell a given amount of cryptocurrency which he/she might have previously purchased and is currently holding so that when the market starts moving downward,their account do not decline in value. The cryptocurrency trader can either place a market sell order which will instantly be processed or they can place a limit sell order which will be executed when the price in the market reaches their sell limit order price. This is indicated as from the chart below;

The above is a price analysis of TRX in terms of USDT. Three points are being indicated. There is point A ,point B and point C. Point A is the Aroon down while point B is the Aroon up. On the other hand,point C is the overbought crossover point. At point C,the Aroon up has crossed  Aroon down at above 50 thus an indication of an overbought market condition over that point.This signals the cryptocurrency trader to sell a given amount of TRX which he/she had previously purchased with their USDT balance. The cryptocurrency trader can either use a market sell order which will be executed when the order is being placed or they can use the limit sell order which will be executed when the price in the market reaches a limit sell order .When the order is being processed,the account of the cryptocurrency trader will be seen to have increased in value as compared to when they made their buy order.

Cryptocurrency market is a highly volatile market. As a cryptocurrency trader,whenever you place a buy order,always make sure to apply risk management so that whenever your buy order goes against you, your account do not depreciate so much in value.

You are always free to support our work from below;

skrill donation :mudigoomondi@gmail.com

Neteller donation :mudigoomondi@gmail.com

Bitcoin:3AFeiwUp6erj2iRBmdsnc7YhC7gcYVD6oj

Ethereum; 0x346570c491b76c7cd51699bdd272762111b743a9

Litecoin: LeEH7B82ccXJ6QoibCryGJNpDGNx2x77fL

Dogecoin: DLShs2vqhMc1ggqo8MPPMBTcPAZdqCZoWd

lightning network:tipping.me:https://tippin.me/@quintomudigo

Chande Momentum is an oscillator indicator.

As an oscillator indicator,Chande Momentum oscillator was created by Tushar Chande with the main objective of helping cryptocurrency traders to know the direction of the market as well as whether the market is in an overbought or oversold condition by showing the momentum of cryptocurrency. As an oscillator indicator,it is considered to be similar to relative strength index. Just like in other oscillator indicator, Chande Momentum oscillator also has an oscillation at point 0.00 ranging from -100 to 100

According to Tushar Chande, Chande momentum oscillator is therefore calculated using the following formulae;

Chande momentum oscillator = (Sum of higher closes over a given period-sum of lower closes over given period)/(Sum of higher closes over a given period+sum of lower closes over a given period)

Therefore,since chande momentum oscillator is based on divergence,it can therefore follows that when the cryptocurrency market is moving downwards while the chande momentum oscillator curve is moving upwards,then the market will reverse and start moving upwards in the same direction as chande momentum oscillator.On the other hand,if the market is moving upwards while chande momentum oscillator is moving downwards,then the market will reverse and start moving downwards in the same direction as chande momentum oscillator.We will not use indicators to further explain this since it follows the volume based indicators.

1. Oversold cryptocurrency chande momentum oscillator

Since chande momentum oscillator is based on overbought and oversold and it has an oscillation at point 0 ranging from -100 to 100,it therefore follows that when the chande momentum oscillator falls below -50,then that will be an indication of an oversold in the cryptocurrency market thus signaling the cryptocurrency trader to purchase a given amount of cryptocurrency with their USDT balance. The cryptocurrency trader can place a market buy order which will be processed instantly or they can place a limit buy order which will be processed when the price in the market reaches their limit buy order.When their order is being processed,their account will start increasing in value if the market is moving upwards. This is indicated as from the candlesticks chart below;

The above represents the TRX market in terms of USDT. In the analysis,two points are being indicated.There is point A and point B. Point A represents the chande momentum oscillator while point B represents the oversold point position. At point B, the chande momentum oscillator has fallen below -50 at below 0.00 thus an indication of an oversold point over there.This signals the cryptocurrency trader to purchase a given amount of TRX with their USDT balance. The cryptocurrency trader can either choose to place a market buy order or a limit buy order. The market buy order will instantly be executed while the limit buy order will be executed when the price in the market reaches their limit buy order.

2. Overbought cryptocurrency chande momentum oscillator

Since chande momentum oscillator is based on overbought and oversold and it has an oscillation at point 0 ranging from -100 to 100,it therefore follows that when the chande momentum oscillator rises above 50,then that will be an indication of an overbought in the cryptocurrency market thus signaling the cryptocurrency trader to sell a given amount of cryptocurrency which he had previously purchased and is currently holding so that their account do not depreciate in value. The cryptocurrency trader can either place a market sell order or a limit sell order. The market sell order will instantly be executed while the limit sell order will be executed when the price in the market reaches their limit sell order. This is indicated as from the candlesticks chart below;

The above represents the TRX market in terms of USDT. In the analysis,two points are being indicated.There is point A and point B. Point A represents the chande momentum oscillator while point B represents the oversold point position. At point B, the chande momentum oscillator has risen above 50 at above 0.00 thus an indication of an overbought point over there.This signals the cryptocurrency trader to sell a given amount of TRX which he will have previously purchased so that their account do not start declining in value. The cryptocurrency trader can either place a market sell order which will instantly be processed or they can place a limit sell order which will be processed when the market reaches their sell limit order.

Cryptocurrency market is a highly volatile market. As a cryptocurrency trader,whenever you place a buy order,always make sure to apply risk management so that whenever your buy order goes against you, your account do not depreciate so much in value.

You are always free to support our work from below;

skrill donation :mudigoomondi@gmail.com

Netellerdonation:mudigoomondi@gmail.com

Bitcoin:3AFeiwUp6erj2iRBmdsnc7YhC7gcYVD6oj

Ethereum; 0x346570c491b76c7cd51699bdd272762111b743a9

Litecoin: LeEH7B82ccXJ6QoibCryGJNpDGNx2x77fL

Dogecoin: DLShs2vqhMc1ggqo8MPPMBTcPAZdqCZoWd

lightning network:tipping.me:https://tippin.me/@quintomudigo

Ontology coin is a native coin of the ontology blockchain that can be transferred from one smart contract address to another .The transaction will reach the second smart contract address upon being verified by the validators running the network. In order for the transaction to be initiated into the network,the first smart contract address must pay a transaction fee in form of ontology gas. This gas fees goes to the validators running the network and who first initiates the transaction.Because of this,ontology coin is being considered to be a decentralized utility coin asset. As a utility coin asset,tokens of different dapps can be converted to it after which ontology can be converted to other cryptocurrencies such as bitcoin and ethereum in several exchanges where it is being listed. When an ICO was being conducted in early 2018, one ontology coin was going for $0.2. Within a very short period of time,the price of ontology shoots all the way to above $10 thus profiting investors who took part in ICO and were holding it by that time. The price then went down again to $0.6. Currently,one ontology coin is trading at around $0.6. The increase in price was due to the increase in the liquidity of ontology coin. The decrease in price back to $0.6 was due to dumping of ontology coin in several exchanges by investors who had taken part in ICO and were holding it by that time. The future price of ontology coin can further be explained based on its liquidity as follows;

Liquidity of ontology

Ontology coin can be considered to be highly liquidity when most of it is being decentralized to several smart contract address and less liquidity when most of it is being centralized to few smart contract address. Ontology can be considered to be highly liquidity since it is being decentralized to several smart contract address.Our liquidity for ontology will be based on its listing to several cryptocurrency exchanges. Here are some of the cryptocurrency exchanges where ontology is being listed making it to have a high liquidity thus very stable coin;

a. huobi global

  Huobi global is a China based cryptocurrency exchange with a daily 24 hour volume of over $500 million. In huobi global exchange,ontology coin is listed in terms of bitcoin ,in terms of Ethereum and in terms of USDT. Being abbreviated the pairs become ONT/BTC, ONT/USDT,  and ONT/ETH. In terms of USDT, over 1 million ONT is being traded on a daily basis on the platform while in terms of BTC,over 100,000 ONT coin is being traded on a daily basis. On the other hand,in terms of ETH,over 20,000 ONT is being traded on a daily basis. If the same is happening to it in several exchanges where it is being listed,then it is making it to be highly liquidity thus stabilizing its price.Because of this,its price can slightly move upward or downward. The explanation for other exchanges will just be similar and thus we will consider listing them instead of explaining them in the same manner that we have done to huobi global. Here is a list of other exchanges where ontology is being listed thus making it to be highly liquidity.

b.kucoin

c.gate.io

d.Atomars

e.okex

f. hitbtc

g.binance

h.coinex

i.bitmax

j.digifinex

k. hotbit

The above exchanges can affect the bullish and bearish market behaviour for ontology coin. This bullish and bearish behaviour based on its liquidity is further being explained as below;

1. Ontology bullish market based on its liquidity

In a bullish market condition,ontology coin will be considered to be moving in an upward market direction. When an ICO for ontology coin was being conducted in early 2018,one ontology was going for $0.2. In a very short period of time,the price rises all the way to $10 and later dropped to $0.6. Currently,ontology coin is trading at around $0.6. The increase in price from $0.2 to $10 was due to the increase in its mass adoption thus further decentralizing it to several smart contract address in several cryptocurrency exchanges. The drop in its price back to $0.6 was due to several users as well as early investors dumping the coin in several exchanges.In the near future,if more cryptocurrency exchanges entering the industry will further continue to decentralize the ontology coin by listing it in their exchange,then it will continue to become scarce in its blockchain thus causing its price to increase. The analysis of ontology coin is being indicated as from the candlesticks chart below;

The above analysis represents that of Ontology. In the analysis,two points are being indicated. There is point A and point B. Before point A, the ontology coin can be seen to be trending in an upward market direction all the way to $0.6300. This increase in price was due to the increase in the number of exchanges listing ontology in the platform in terms of other cryptocurrencies such as bitcoin for trading thus making it to become scarce in its blockchain. Because of this,its demand increases thus causing its price to go all the way to $0.6300 as indicated earlier. The price then falls to point A at $0.6100. This slightly decrease in price was due to a dumping by several Dapp users in the ontology network. They are trying to dump it because it is their income which they have received from several Dapps on the platform. More exchanges entering the industry then list the ontology coin to their platform thus creating its demand again.Because of this,its price rises again to point B at above $0.6300. In the near future,if more exchanges entering the industry will continue to list the ontology coin to their platform,then it will further becomes inefficiency thus causing its demand to increase again thus causing its price to rise further to above point B. In one year from now,there is possibility of the ontology coin to rise all the way to $2. As an investor,this is the right time to purchase the ontology coin and hold it until one year time is over.

2. Ontology bearish market based on its liquidity

In a bullish market condition,ontology coin will be considered to be moving in an upward market direction. When an ICO for ontology coin was being conducted in early 2018,one ontology was going for $0.2. In a very short period of time,the price rises all the way to $10 and later dropped to $0.6. Currently,ontology coin is trading at around $0.6. The increase in price from $0.2 to $10 was due to the increase in its mass adoption thus further decentralizing it to several smart contract address in several cryptocurrency exchanges. The drop in its price back to $0.6 was due to several users as well as early investors dumping the coin in several exchanges.In the near future,if existing exchanges start to delist ontology from the platform due to several factors such as users and developers exiting the network due to high fees charged,then the price will decline since the liquidity will also decline.The future price analysis of ontology coin based on its liquidity is being indicated as from the candlesticks chart below;

The above analysis represents that of Ontology. In the analysis,two points are being indicated. There is point A and point B. Before point A, the ontology coin can be seen to be trending in a downward market direction all the way to $0.6100. This decrease in price was due to several existing exchanges starting to delist the coin due to several factors such as high transaction cost which is causing many developers together with their community member to exit the network and shift to a better network with lower fees that will not affect their revenue.As a result,the liquidity also decline since the surplus in the ontology network has increased. This causes the price to decline all the way to $0.6100 as indicated from above earlier. Existing Dapps and users in the network then purchase some ontology coin in few remaining exchanges to perform few tasks like staking and creating the token of their Dapps. This causes the price to slightly increase to point A at $0.6300. More exchanges then continue to delist the coin since many developers are exiting the network together with their users due to a decline in the revenue of their Dapps. Because of this,the price further declines to point B at below $0.6100. In one year time,if more existing exchanges will continue to delist the coin due to factors stated above,then the coin will further decline its liquidity thus causing its surplus to further increase in its network.The price can go as low as $0.4. This is unlikely to happen though we had to make our bearish analysis.If you think it can happen,then you can sell your ontology that you are holding at $0.6

Summary

ontology coin conducted its ICO in early 2018. At that time, one ontology coin was going for $0.2. Within a very short period of time,the price went as high as $10 but later dropped to $0.6. The increase in price was due to the increase in the number of exchanges listing it thus increasing its liquidity. The drop again of its price was due to several Dapp users on ontology platform as well as early investors dumping the coin in several exchanges in order to profit from its high rise price.Therefore,we can say that an increase in the listing of ontology coin by several exchanges will result to an increase in its liquidity thus creating a demand for it since it will become scarce in its network thus causing its price to rise. On the other hand,an increase in its delisting by several exchanges will result to a decrease in its liquidity thus causing its surplus to increase in its network thus causing its price to drop.

You are always free to support our work from below;

skrill donation:mudigoomondi@gmail.com

Neteller donation:mudigoomondi@gmail.com

Bitcoin:3AFeiwUp6erj2iRBmdsnc7YhC7gcYVD6oj

Ethereum; 0x346570c491b76c7cd51699bdd272762111b743a9

Litecoin: LeEH7B82ccXJ6QoibCryGJNpDGNx2x77fL

Dogecoin: DLShs2vqhMc1ggqo8MPPMBTcPAZdqCZoWd

lightning network:tipping.me:https://tippin.me/@quintomudigo