RocketBomb

📈 Some words about the TRAND 📉

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BITSTAMP:BTCUSD   Bitcoin
Hello, my cleaver friends!👊🏻 It's time to self-educate! 💪🏻Let's talk about 📈 Trend / Flat 📉

💥Trend is the direction of market movement.💥

By tracking dynamics of ☝🏻ups and 👇🏻downs, we can understand what is the trend of price movement and how long it's going to change.🧐

Price moves in one direction - is the basis for trend analysis.

There are three 3️⃣ types of trend :

🤜🏻Bullish trend - prices are moving up.🐃

The main condition for a bull trend is ascending movement more than descending movement (the definition of "bullish" arose by analogy with a bull raising the price on its horns)

🤜🏻Bearish trend - prices are moving down.🐻

The basic condition of a bearish trend is a descending movement than an ascending movement (a bear, as it were, crushes the price under itself, leaning on it from top to bottom with its entire body - hence the “bearish trend”)

🤜🏻Sideway - there is no definite direction of price movement either up or down.

Such movement is called flat; a long flat is a harbinger of a price storm in the market - a strong price movement in one direction or another.


As a rule, prices do not move linearly up or down. However, in a bullish trend, prices are rising more and faster than falling.

The same thing, exactly the opposite, happens with a bearish trend. But bearish movements are always more rapid and powerful. This is usually associated with panic sales in the markets.


💥Basic rules of price movement in trends:💥

🤜🏻The golden rule!!! The current trend is more likely will continue, than change direction ;
🤜🏻The trend will move in the same direction until it weakens.

💓💓💓 I HOPE MY POST WAS USEFUL FOR YOU 💓💓💓

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