Over the years of trading evolution, the most popular figures for technical analysis of the market have appeared in the communit
20 Jan 2023, 19:21
Over the years of trading evolution, the most popular figures for technical analysis of the market have appeared in the community.
🔹Head and shoulders. It represents the triple change of price direction, where the central top is bigger than the two neighboring ones.
🔹Double (triple) top. Two or three tops followed by a significant price change in the opposite direction from the tops.
Though these figures are popular, they are not always trustworthy. You should not rely blindly on just one figure.
Read more about cryptocurrencies on our blog
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20 Jan 2023, 19:21
Over the years of trading evolution, the most popular figures for technical analysis of the market have appeared in the community.
🔹Head and shoulders. It represents the triple change of price direction, where the central top is bigger than the two neighboring ones.
🔹Double (triple) top. Two or three tops followed by a significant price change in the opposite direction from the tops.
Though these figures are popular, they are not always trustworthy. You should not rely blindly on just one figure.
Read more about cryptocurrencies on our blog
Over the years of trading evolution, the most popular figures for technical analysis of the market have appeared in the communit
Over the years of trading evolution, the most popular figures for technical analysis of the market have appeared in the community.
🔹Head and shoulders. It represents the triple change of price direction, where the central top is bigger than the two neighboring ones.
🔹Double (triple) top. Two or three tops followed by a significant price change in the opposite direction from the tops.
Though these figures are popular, they are not always trustworthy. You should not rely blindly on just one figure.
Read more about cryptocurrencies on our blog