Crypto has come a long way from its days as a fringe industry. It is a rapidly developing market with decent liquidity and hundreds of thousands, if not millions of participants spread across the world. To paint a picture of the sector’s increasing popularity, the trailblazing asset, Bitcoin, now commands over $200 billion in market capitalization.

With the boom in crypto and attractive features only unique to this industry, it is understandable that investors of all cadres are now flocking in, seeking to transform their lives through established crypto-forex CFD brokers like CryptoAltum.

Admittedly, as a promising niche emerges, hundreds…


With so many indicators out there, it’s easy to get confused if you’re trying to pick the best one. Well, the truth is there is no correct answer to this question. It all depends on what your trading style is. However, one tool is always available for you to use in whichever style you work with and that is the Fibonacci Retracement.

So what is the Fibonacci Retracement?

Fibonacci retracements identify key levels of support and resistance. Fibonacci levels are commonly calculated after a market has made a large move either up or down and seems to have flattened out at a certain price level.


Cryptocurrency is a rapidly-growing, exciting sub-sector. For beginners, it may sound complicated and intimidating. Yet, behind the intrigue and noise is a relatively simple concept, which is potentially very lucrative for those willing to experiment.

When everything is said and done, trading crypto from a secure and established multi-asset platform like CryptoAltum is simple. Notably, the trading platform is familiar and packed with useful tools to make the experience smooth. This is especially useful for traders who might be getting their feet wet or transiting from Forex and commodities.

Right off the bat, CryptoAltum is where beginner and experienced traders…


You might have not heard of John Bollinger, but we’re sure you’ve heard of Bollinger Bands®. Well, this John that you don’t know is one of the most important analysts of our generation and, you guessed it, he’s the creator of the Bollinger Bands®.

In this article, we’ll be discussing these bands and how they’re very helpful indicators that can improve your trading strategy big time.

Simply, Bollinger Bands® depend on Moving Averages and their standard deviation. As you read the article, you’ll get to learn more about the concept behind these bands. …


On Aug 18, 2020, Bitcoin rallied above the $12,000 mark, to attain what is its loftiest value in a year. Investors now only require more data to declare the digital currency free of its prior range. As the lookout for signs of an extended Bull Run kicks off, the crypto assets market is enjoying the return of the currency’s legendary volatility, a feature that highlights its peril and promise.

As an illustration, in mid-March 2020, its prices fell to as low as $4,904 per coin. …


Everything you need to know.

Wherever there are humans and life around them, there’s an opportunity to trade. In our rather more modernized society, among other things, you can trade cryptocurrencies, equities, futures and forex. Opening a trade is very simple, but making sure it’s a profitable one, well, that’s challenging.

To make sure a trade is going to add value to your trading portfolio and is going to be worthwhile, you need to double-check with the indicators before you enter the trade. One of the very efficient and advantageous indicators is the Relative Strength Index, also known as the RSI.

Before we explain in-depth…


A DEEPER DIVE

Algorithmic trading (algo trading) is an automated system of market order execution that relies on pre-programmed trading commands or specifications. Also known as high-frequency trading, algorithmic trading can make thousands of trades each second, without human oversight.

The crypto trading algorithm takes into account functions such as volume, timing, and price when sending small portions of an order to the market. Using complex formulas, the algo trading bot makes buy or sell decisions on an exchange on behalf of a trader.

The formulas that the bot uses are a combination of mathematical formulas infused with a level of human oversight.


Computerized algorithms are everywhere and have been a part of the trading and investment world since the 70s.

Investment robots run the stock markets, managing quantitative funds. Because of the trading prowess of algo trading bots, passive and quantitative investment funds occupy 60 percent of all equity assets. Human traders only run 10 percent of these trade processes.

Unlike stocks and commodities markets, the nascent crypto-assets markets are still in their formative stages. Digital currencies exhibit extreme volatility meaning that they have soaring highs and extreme lows. There are profits in them to be made, beyond mining and HODLing. …


Your daily Cryptocurrency Market Analysis News brought to you by the CryptoAltum Cryptomenon Team.

This analysis was written at 9:00 am GMT +3, on 26.08.2020

While the cryptocurrency market struggled to move higher and continued to move in a sideways fashion, Bears were plotting their next move and it was time they acted according to that plan. The result was a move lower, breaking through important supports and establishing a new trend. At the very least, it’s a decent correction from the highs the market has been experiencing. With that said, let’s find out what today holds for the Cryptocurrencies on August 26th, 2020.

Cryptocurrency Recap

Our Cryptocurrency trio — Bitcoin, Ethereum, and Ripple are done…


Your daily Cryptocurrency Market Analysis News brought to you by the CryptoAltum Cryptomenon Team.

This analysis was written at 9:00 am GMT +3, on 25.08.2020

Markets still struggle with their movement higher, especially in current conditions where sellers seem to be adamant on not allowing the Bulls to have their way in the cryptocurrency market. Every time the markets move higher, they’re met with overwhelming selling pressure at key points making life for Bulls much harder. However, demand has never been higher for these instruments as they’re slowly becoming an inflation safe asset not unlike Gold, but with an extra dose of volatility. …

CryptoAltum

We believe in making crypto trading easy. Visit us @ cryptoaltum.com

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