It is not particularly important where the asset will go if you are trading with a trend. Do not ever try to buy something cheaper and sell more expensive! This is the lot of hamsters. You need to wait for confirmation of the trend and work on it.
A trend is a visually determined rise or fall in price.
Upward ( ) - the market is growing;
Descending ( ) - the market is falling;
Flat (horizontal, side) - no trend - movement is observed in the horizontal range.
is a universal tool for the trader.
A is a straight line connecting at least two price peaks on a graph of a currency (asset). It should also be noted that within the development of the main trend going along the same line, many secondary trends can be formed, which are formed along additional .
can be used to find and confirm trends. A connects at least 2 price points on a chart and usually extends forward to determine areas of . The positive slope lines, which have price support action, show that overall demand is growing. If the price action is above this line, we observe a “bullish trend”. Negative slopes, which show resistance to price action, show that the net number of offers is increasing. If the price movement remains below this line, we observe a “bearish trend”.
The price usually repeats the sloping several times until it stops, and at this point a trend change can occur. The more points you can connect, the stronger the becomes.
The is relevant until the price breaks it in the direction opposite to the current trend. Showing thereby the end of the current trend.
There are trends and work on different timeframes.
Things are very bad for the exchange. If they are closed and the USDT outlaws, it will very painfully hit the cryptocurrency market in general.
Thanks to USDT, we see today's Bitcoin pamp; without USDT, there’s nothing to swing the market with. Thanks to usdt and there is this market. Guys are trying to do what is possible now. We must pay tribute to them. And they themselves earn and all these years they gave money. But the power is changing .... They understand all the very sad possible situation. As a possible surrender of the positions of influence and have to raise the white flag in front of the "big brother." If they manage to agree, it is possible and no one will understand what was actually being decided. But perhaps this will strongly speculate closer to the court.
Bear measured move consists of three long phases, or stages. In a bearish measuring stroke, the first and third phases are descending, and the middle one is ascending.
We are now in the third phase.
Goals are calculated in the third phase of the percentage of the first drop.
But this is if the triangle is struck down which on another graph depicted
The trend over the past 2 years (from the peak of $ 20,000) is a downtrend.
The existing trend for half a year is an uptrend.
It is very important where the price will be fixed after the impulse.