I want to challenge everyone to search all the trading days between March 13 2020 and April 14, 2021, and see if they could find bitcoin has had 8 consecutive days with lower highs..!
As you see in the last 8 days bitcoin experienced a unique situation and has had 8 lower highs..!
A reversal is when the direction of a price trend has changed, from going up to going down, or vice-versa.
Traders try to get out of positions that are aligned with the trend prior to a reversal, or they will get out once they see the reversal underway.
Reversals typically refer to large price changes, where the trend changes direction. Small counter-moves against the trend are called pullbacks or consolidations.
When it starts to occur, a reversal isn't distinguishable from a pullback. A reversal keeps going and forms a new trend, while a pullback ends and then the price starts moving back in the trending direction.https://www.investopedia.com/terms/r/reversal.asp
As you see in the last 8 days bitcoin experienced a unique situation and has had 8 lower highs..!
A reversal is when the direction of a price trend has changed, from going up to going down, or vice-versa.
Traders try to get out of positions that are aligned with the trend prior to a reversal, or they will get out once they see the reversal underway.
Reversals typically refer to large price changes, where the trend changes direction. Small counter-moves against the trend are called pullbacks or consolidations.
When it starts to occur, a reversal isn't distinguishable from a pullback. A reversal keeps going and forms a new trend, while a pullback ends and then the price starts moving back in the trending direction.https://www.investopedia.com/terms/r/reversal.asp
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
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Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.