Eterna’s trading chart is displayed on the App’s main page. The chart can be adjusted in many dimensions, including unit of time (15 minutes, 30 minutes etc.) and investor time horizon. There are also many charting tools available, that allow investors to employ trading metrics such as moving average, volume measures, Fibonacci lines as well as many other visualization tools. The chart can also be visually adjusted to include various types of candlesticks or bars that represent price movements.
Eterna’s trading chart is displayed on the App’s main page. The chart can be adjusted in many dimensions, including unit of time (15 minutes, 30 minutes etc.) and investor time horizon. There are also many charting tools available, that allow investors to employ trading metrics such as moving average, volume measures, Fibonacci lines as well as many other visualization tools. The chart can also be visually adjusted to include various types of candlesticks or bars that represent price movements.
At the most general level, green is for price appreciation, while red is for price depreciation. You should invest some time in exploring how the chart functions and its many modalities. Understanding how the chart operates will help you become a more successful trader.
One of Eterna’s unique features is the Buy & Sell Signals (TM) displayed on our trading chart. Buy & Sell Signals are algorithmically calculated to provide investors with a comparative advantage relative to other exchanges. Using AI-driven signal processing filters, dynamic buy signals are displayed in green, and sell signals are displayed in red. While there is no way to guarantee profits, if used properly, Eterna’s Buy & Sell Signals can help both novice and expert traders become more successful.
Buy & Sell Signals should be used with a degree of caution. Any market indicator is best used during large market movements instead of relatively small price fluctuations, since even small trading fees should be included in profit calculations.
One of Eterna’s unique features is the Buy & Sell Signals (TM) displayed on our trading chart. Buy & Sell Signals are algorithmically calculated to provide investors with a comparative advantage relative to other exchanges. Using AI-driven signal processing filters, dynamic buy signals are displayed in green, and sell signals are displayed in red. While there is no way to guarantee profits, if used properly, Eterna’s Buy & Sell Signals can help both novice and expert traders become more successful.
Buy & Sell Signals should be used with a degree of caution. Any market indicator is best used during large market movements instead of relatively small price fluctuations, since even small trading fees should be included in profit calculations.
Eterna investors can gain a strategic advantage by combining Buy & Sell Signals (TM) along with a judicious use of the Position Conversion Buttons (TM). Given major market movements, a strong buy signal can be used with the short-to-long conversion button, and a strong sell signal can be used with the long-to-short conversion button, to capitalize on major price rallies and corrections.
However, the Buy & Sell Signals and Position Conversion Buttons should be used judiciously. Wise traders will make their moves during times of major shifts in market sentiment, instead of buying and selling with every opportunity. Furthermore, there is no trading strategy or tool that guarantees positive returns. Buy & Sell Signals and Eterna’s proprietary Position Conversion Buttons do not guarantee profits, but are instead meant to provide a potential comparative advantage for judicious traders.
In general, the best way to manage risk is to distribute your funds over several assets. Most investors in crypto lose money because they do not know how to select good assets, and they don’t know how to HODL. Meme tokens can be highly valuable, but they are also highly risky and are susceptible to scams and exploits. High utility tokens can be the most valuable in the long run, but they often require several years for their value to mature.
A good strategy would involve asset diversification, by which traders distribute their funds over a wide variety of tokens, including established meme tokens (such as Doge or Shiba) and high utility tokens. The more widely you distribute your funds, the lower your overall risk of loss.
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