Building Blocks of Technical Analysis - Types of Charts Market activity is used as a base input for technical analysis concerning historical price data and volume. Analysts do not try to calculate the intrinsic value of a security, but instead, use visual charts and other instruments to detect trends that may signify potential behavior. As input, the two fundamental data sources of historical price behavior and volume are used. Types of Charts A graph is a graph showing how,…
Best Time to Buy and Sell Splinterlands Cards || Ep. #28 || Splinterlands For a Splinterlands player, when is the best time to buy or sell in the Splinterlands market? The Price of DEC Fluctuates The price of DEC has been increasing a lot lately due to the uniswap news and the land pre-sales about to occur in October. But without realizing, this also affects when a Splinterlands player should be buying or selling. Let me explain it with an example. A month ago, I purchased 1…
Serpent of the Flame Weekly Battle Challenge || Ep. #29 || Splinterlands This week's battle challenge focuses on the Serpent of the Flame: Deep in a labyrinth of hot tunnels of stone, beneath the boiling caldera of Molten Mountain, the Serpent of the Flame waits comfortably. He seldom comes to the surface of the Burning Lands, but enjoys being summoned to battle more than anything. All who attack the Serpent get burned. Card The Serpent of the Flame is a Fire Splinter melee…
Building Blocks of Technical Analysis - Volume and Open Interest In the previous post, we discussed the Types of Price Charts. This week's post, we will focus on volume and open interest that technical analysts track. https://www.publish0x.com/mercurial9/building-blocks-of-technical-analysis-types-of-charts-xxoxrwy Volume and open interest In addition to price, the other two variables that technical analysts monitor are volume and open interest. Volume research extends to…
Purchasing DEC experiment || Ep. #30 || Splinterlands With the all the upcoming changes to Splinterlands, the price of DEC has been increasing a lot lately. I wanted to put together a post to see how much DEC can I purchase with 4 Hive each on hive-engine.com and monstermarket.io. Experiment 1 - hive-engine.com When depositing Hive into hive-engine.com, there is a 1% fee on deposits and withdrawals and therefore I will be depositing 4.04 Hive to cover this fee. The current…
Building Blocks of Technical Analysis - Analysis Techniques This week's post focuses on applying different analysis techniques to technical analysis. Trend Analysis To achieve success as a technical analyst, identifying the pattern is the most significant aspect. Support/resistance levels and trend line analysis are the basic techniques in this respect. Support and resistance A level of support is an abstract horizontal level below which the market seems reluctant to drop.…
Scale Doctor Weekly Battle Challenge || Ep. #31 || Splinterlands This week's battle challenge focuses on the legendary Dragon Monster, Scale Monster: Scale afflictions are especially difficult to treat, so the Gloridax doctors must be skilled at treating all types of monsters, up to and including Dragons. Healing a sick Dragon is often a lost cause, and Scale Doctors are frequently put to death for failure in saving a Dragon’s life. Card I love the weekly battle challenges…
Rusty Android Weekly Battle Challenge || Ep. #33 || Splinterlands This week's battle challenge focuses on the Rusty Android: Several Lyverian farmers reported seeing a strange blue light rushing down from the sky one evening and landing with a crash in the fields. Later that evening, a strange metal-skinned device calling itself Rusty Android was making friends with the locals in the tavern. Card The rust bucket himself, Rusty Android, is not a monster card I use often. I…
Building Blocks of Technical Analysis - Moving Averages A multitude of different moving averages exist. The primary difference between the averages is the weight given to various data points, especially recent ones. The reasoning behind the weighting theory is that in assessing market movements, new data is increasingly more critical. The behavioral basis of technical analysis indicates that recent price changes should have a more significant impact on the psychology and…
The New Players Guide to Splinterlands || Ep. #34 || Splinterlands I have recently passed the three-month mark in playing Splinterlands. During this time, I have learnt a lot about the game and have spent time writing about the game. This post will serve as a summary of articles and guides I have written for new players starting fresh on Splinterlands. https://splinterlands.com/?ref=mercurial9 Why should you play the game? Apart from being the most popular blockchain game,…
Silvershield Sheriff Weekly Battle Challenge || Ep. #35 || Splinterlands This week's battle challenge focuses on the Silvershield Sheriff: The horseback Sheriffs of Khymeria are tasked with enforcing Khymian law, especially in the places known for being riddled with dissenting Peacebringers. These horse-riding lawfolk live solitary lives with few friends. As they patrol through the streets of Khymian towns and villages, they are often pelted with rotten vegetables and told…
Building Blocks of Technical Analysis - Oscillators Part I In construction, all oscillators are identical. They fluctuate with peaks and troughs in a flat horizontal range. The peaks and troughs in the price chart correspond with these peaks and troughs. During sideways market conditions, trend analysis loses effectiveness. Fluctuating and varying situations are where oscillators become more and more helpful. However, the importance of oscillators is not limited to…
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