This refers to a cryptocurrency’s extreme upward momentum as it keeps climbing in price.
Example: “The price of this coin will one day go to the moon!”
Moon
Related Terms
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The Momentum indicator identifies when the price is moving upward or downward and how strongly. Momentum measures the rate of change in prices as opposed to the actual price changes...
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Momentum trading is a popular and widely-used trading strategy that seeks to capitalize on market trends by taking positions in financial instruments that exhibit strong price movements. This approach is based on the belief that price movements in a particular direction tend to continue over the short to medium term. Let’s explore the concept of […]
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Day trading systems are trading strategies designed for executing trades within a single trading day, with the goal of capitalizing on short-term price movements.
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Trend-following is a trading strategy that focuses on identifying and capitalizing on well-established market trends.
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A technical indicator is a mathematical calculation that can be applied to price and volume data. It can be even applied to another technical indicator. The result is a value that is used to anticipate future changes in prices. Technical indicators are the squiggly lines found above, below, and on top of the price information on […]