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The risk/reward ratio or risk/return ratio is a commonly used metric in trading that compares the potential profit of a trade with the potential loss. That said, it’s the reward traders stand to make for the risk they take. For example, an investment with a risk/reward ratio of 1:3 would mean
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The Bitcoin (BTC) chart has formed a symmetrical triangle, which currently holds a tight range from $28,900 to $30,900. This pattern has been holding for nearly two weeks and could potentially extend for another two weeks before price makes a more decisive movement.Bitcoin/USD 12-hour price at Kraken. Source: TradingViewFor those
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Bitcoin (BTC) added to its losses on Dec. 29 with a fresh tumble briefly taking BTC/USD below $46,600.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewRSI flashes "oversold"Data from Cryptox Markets Pro and TradingView showed the pair giving up ground prior to the Wall St. open to increase its 48-hour correction to
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