The Exponential Moving Average (EMA) is a type of moving average that gives more weight to recent price data, making it more responsive to changes in price compared to the Simple Moving Average (SMA). The EMA is calculated by applying a smoothing factor to the previous EMA value and the current price data. This results
An exit strategy is a plan or strategy devised by an investor or business owner to exit or liquidate a position in a financial asset or business venture. It outlines the steps and mechanisms that will be employed to sell or dispose of the investment or business interest, typically with the goal of maximizing profits
Exchange-Traded Notes (ETNs) are a type of debt security issued by financial institutions, which promise to pay investors a return based on the performance of a specific benchmark or index, minus fees and expenses. ETNs are traded on stock exchanges, providing investors with access to various asset classes and investment strategies, including commodities, currencies, and
Exchange-Traded Funds (ETFs) are investment funds that are traded on stock exchanges, similar to individual stocks. They offer investors exposure to a diversified portfolio of assets, such as stocks, bonds, commodities, or real estate, in a single security. ETFs are designed to track the performance of specific indexes or asset classes and provide investors with
The Evening Star is a bearish candlestick pattern that signals a potential reversal in the direction of an uptrend. It consists of three candles: a large bullish candle, followed by a small-bodied candle (either bullish or bearish) that gaps higher, and finally, a large bearish candle that closes below the midpoint of the first candle’s
The European Union (EU) is a political and economic union of 27 member states located primarily in Europe. It was established after World War II with the aim of promoting economic cooperation and preventing further conflicts among European countries. The EU has since evolved into a single market with a common currency, the euro, and
The euro (EUR) is the official currency of the Eurozone, which consists of 19 of the 27 European Union (EU) member states. It is the second-largest reserve currency and the second-most traded currency in the world after the United States dollar (USD). The euro was introduced in 1999 as an electronic currency and later adopted
Ethereum is a decentralized, open-source blockchain system that features smart contract functionality. It is the second-largest cryptocurrency platform by market capitalization, after Bitcoin. Ethereum was proposed in late 2013 by Vitalik Buterin, a cryptocurrency researcher and programmer. Key Takeaways Understanding Ethereum Ethereum serves as a decentralized platform for building and deploying smart contracts and decentralized
Ethereum Classic (ETC) is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, fraud, or third-party interference. Ethereum Classic is a continuation of the original Ethereum blockchain, which split into two separate chains following a contentious hard fork in 2016. Key Takeaways Understanding Ethereum Classic (ETC)
Ether (ETH) is a cryptocurrency utilized within Ethereum’s global virtual machine. It serves various purposes, including facilitating transactions, acting as a store of value, enabling trading opportunities, and serving as a means of payment for goods and services. Key Takeaways Understanding Ether (ETH) The Ethereum blockchain serves as a distributed ledger designed to facilitate the
