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Bollinger Bands are envelopes plotted at a standard deviation level above and below a simple moving average of the price. Because the distance of the bands is based on standard deviation, they adjust to volatility swings in the underlying price.

Triangles are among the most popular chart patterns used in technical analysis since they occur frequently compared to other patterns. The three most common types of triangles are symmetrical triangles, ascending triangles, and descending triangles.

The Fibonacci Moving Average is a powerful indicator that takes into account many underlying moving averages to give out an approximate short-term/long-term view of the markets. Its strength lies with dynamic support and resistance levels.

The Relative Strength Index is a momentum indicator that looks at the pace of recent price changes to determine whether a stock is ripe for a rally or a selloff. The RSI oscillates between zero and 100. In technical analysis, an RSI of above 70 is considered an overbought area while an RSI of less than 30 is considered as an oversold area.

The average market price of an asset over a certain period is known as a Simple Moving Average. It is referred to as the ‘moving’ average since it is plotted on a chart bar by bar and forms a line that moves along the chart as the average price changes. The SMA is calculated by adding the price of a security over a period and then dividing that figure by the number of periods.

A paper wallet is a type of cryptocurrency wallet that is stored on paper. The goal of these wallets is to reduce private key exposure to a minimum. This is a type of “cold storage,” where private keys are not exposed to any internet-connected device that could be hacked or attacked. Today, paper wallets are largely seen as an unsafe option to store your crypto, since to generate such a wallet, they would have to use a central website and GUI—which are just as insecure and prone to attacks as any other centralized service.

In cryptocurrency, the term mining is used to refer to the release of new crypto units in the world. It also includes validating its transaction on a blockchain so that it is a part of a distributed public ledger. This entire task is not as easy as it may sound. Mining cryptocurrencies involves solving complex cryptographic mathematical equations. This requires computers with certain specifications and a stable internet connection. The mining of cryptocurrencies has only become more complex over time because of increased difficulty levels.

The value of the cryptocurrency can be pegged to an underlying currency standard like the US dollar, INR, and other tokens like utility, governance, NFTs, privacy coins, central bank digital currencies, and others. Besides, many investors use cryptocurrencies as long-term assets and a store of value instead of traditional investment assets like gold or utility bonds.