If 2020 was the Year of the Bull for global tech stocks, then 2021 was undoubtedly the Year of the Bear.
Technical analysis is a must-have skill for any self-respecting day trader. However, it is also an incredibly useful tool for long- and medium-term investors too. Following last week's look at the RSI and MACD oscillators, let's dive straight into some more technical analysis.
What is technical analysis?
In essence, technical analysis hinges on the study of past price movements and trends to predict future market developments.
So, you've decided to make the leap into trading and investing? Great! Now, all you have to do is pick a reliable broker.
Alarming articles about the “new crypto winter,” i.e., multi-month bear market for Bitcoin (BTC) and major altcoins are popping up here and there. Crypto influencers and media outlets are reiterating that all signs of “winter is coming” are present.
Dear Customers!
Please pay attention to the change of trading hours for some instruments due to upcoming holidays in February.
Name (Ticker) |
It's now official: we're no longer dealing with a correction but a bona fide crash on the crypto market. Bitcoin is down around 43% from its November all-time high, while Ethereum is doing even worse after posting close to a 45% decline over the same period.
Dear Customers!
Please pay attention to the change of trading hours for some instruments in February in China due to upcoming holidays.
Name (Ticker) |
Libertex has opened a new kind of account that will let you make investments with guaranteed income.
In the wake of the coronavirus, global tech stocks enjoyed an unprecedented boom. It truly was nothing short of spectacular, with companies making ten years' worth of gains in the space of just a few months. There was, however, one notable exception: China.