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Why is the PCE index important for the economy and cryptocurrencies?
Many people pay attention to the Consumer Price Index (CPI). But there is another important indicator that is worth considering - the PCE (Personal Consumption Expenditures) index.
What is the PCE index?
The PCE index tracks changes in the prices of goods and services that consumers buy, but unlike the CPI, it takes into account changes in consumer habits. It is a more flexible and accurate tool for assessing inflation because it takes into account changes in consumer behavior.
What is the PCE index?
The PCE index tracks changes in the prices of goods and services that consumers buy, but unlike the CPI, it takes into account changes in consumer habits. It is a more flexible and accurate tool for assessing inflation because it takes into account changes in consumer behavior.
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Alternative Patterns and Their Role in Technical Analysis
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Patterns and their application in technical analysis
In technical analysis, patterns (price models) help traders predict future price movements. They are formed on charts and come in two types: reversal and trend continuation.
Basic patterns
1. Reversal patterns:
Patterns and their application in technical analysis
In technical analysis, patterns (price models) help traders predict future price movements. They are formed on charts and come in two types: reversal and trend continuation.
Basic patterns
1. Reversal patterns:
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