Hammer Candlestick Pattern
The Hammer candlestick pattern is formed of a short body with a long lower wick,and is found at the bottom of a LOWER trend.
A hammer shows that although there was selling pressure during the day,strong buying pressure even tually pushed the price up.Body color may vary,but green hammers indicate a stronger bull market than red hammers.
Beginner Tip
Polygon(MATIC) Coin
This Matic coin was introduced in 2017 based on the idea of a person named Jayanthi Kanani. Originally called Matic Network, this network was later changed to Polygon matic Network. Sandeep Naylaval and Anurag Arjun are also joined here. Similarly, Serbian engineer Mihailo Bjelic later joined them. The most important thing I see here is that this coin belongs to our country, neighboring India.
The Polygon Network can be identified as a program running on the Ethereum blockchain. Their main goal is that the gas fee is very high in decentralized networks running on the Ethereum blockchain. As a solution to this, poliganetworke's gas fee is less than one dollar. The same goes for the blockchain transition. It takes a long time. Here, in the Polygon network, the transfer speed has been increased to 65,000 per minute.
One of the main topics discussed so far is the method of proof of work. There are many weaknesses in this system. That is why many people are tempted to use the proof of steak method. Here we use the polygon mesh. A method known as steak proofing. Also, their network operates using a technology called Smatt contract, which allows them to easily connect with other blockchains through this system.
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In order to invest properly in the Cryptocurrency Market and get good income, it is important to have a good understanding of the Coin we are buying. So we bring you this article which explains all the details about Cryptocurrency Coin.
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