Inverted Hammer Candlestick Pattern

Inverted Hammer Candlestick Pattern

A similar BULLISH model is the reverse hammer. The only difference being that the upper bit is long,while the lower bit is short.

This indicates buying pressure,followed by selling pressure that was not strong enough to lower the market price.The reverse hammer suggests that buyers will soon have control of the market.

Beginner Tip 

Avalanche(AVAX) Coin

When describing the Avax coin, this coin runs on a Blockchain known as the Avalanche Network. The Avalanche network will launch in 2020. Emin Gun Sirer, who is currently Avalanche's CEO, is a professional computer scientist who founded the network. He has years of experience with Bitcoin as well as Desenterlyce Network. Likewise, he started Avalanche Network after doing some research on Bitcoin Scalings and vulnerabilities of major coins.

I have talked to you about the weaknesses of major coins in previous articles. Also, new blockchains and new types of coins have been talked about as a remedy for those weaknesses. The Avalanche Network we are talking about today is created avoiding these main weaknesses. The market uses the Avalanche Network and Ecosystem to prevent the destruction of the environment as well as the strength of major coins. They use a method called Proof of steak to validate the transaction and their network also uses Smart Contract Technology.

If we look at the technology that Avalanche Network operates on, 3 parallel chains are running on their main Blockchain. They are called X chain, C chain and P chain. The token transformer is over. The Smart Countrac system is maintained by C Chain. Transient validation is performed by the X chain and the stacking mechanism is maintained. This is how the Avalanche Network works.

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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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