In cryptocurrency, the term “trading pairs” describes a trade between one type of cryptocurrency and another. For example, the “trading pair” ETH/BTC. With ETH/BTC you can buy Ethereum with Bitcoin, or Sell Ethereum for Bitcoin. After-all, these cryptocurrencies are types of monies! DASH, XMR and ZEC pairs are not available to clients based in Australia. Margin pairs. Not all currencies available on Kraken can be traded on margin. To see all available margin trading pairs, click here. Fiat-to-Fiat pairs. As of March 12th , the following fiat currency trading pairs are available on . Mar 26, · In , BTC/USDT became the best trading pair. Moreover, it became the most famous pair in cryptocurrency history. Many analysts strongly advise beginners to start with the BTC/USDT (USDT/BTC) trading pair because it provides the best liquidity. Traders can enter the market with a low budget and close many positions.
Trading eth/btc pairHBTC Lists BTC/USDC & ETH/USDC Trading Pairs – HBTC
Example : Imagine you have on hand Bitcoin and cash meaning fiat currency like dollar bills and you want to obtain Litecoin. The fiat value of the trade is no different in the moment the trade is made as you owned that Bitcoin which went up in value the same as you owned your cash , but if your goal is to get more coins because you believe the cash value of all coins will go up or that Litecoin will go up and Bitcoin back down in this example , and you time things right, you can do really well with trading pairs.
Of course, things can go very wrong with trading pairs too. In a case staying in cash or Bitcoin would have been a better play. Hopefully that simple example gave insight into the value and risks of trading pairs. They are a powerful tool, but there is lots of room to go wrong.
Chart looks good. ETH looks ready. Here's coinbase weekly chart.. I have an idea - the last move up was a wave A, now we are in the wave B. Let's see if this gets bullish again, target 0. Soon it can start!
HS Expandingtrinagle and Bactest on wedge. Bullish divergence is one of my favourite indicators with great hit rate.
As you can see on the chart, there is a forming and likely confirmed bullish divergence on 4H timeframe. It's also important to note that the current candle circled in black is a hammer so it enforces the hypothesis of an up coming reversal.
You can take a shot at candle close or wait a Every day the big picture become more clear! Want to see the price close back above red line, thats the trigger for my long entry. But the good news is it can't get much worse! The 1st gap was D The 2nd gap was D 1st gap x 1.