How To Identify Bullish And Bearish Trends In Crypto

How to identify tendencies about cryptocurrency stubborn and bear

Cryptocurrency, digital or virtual currency using cryptography for security has gained immense popularity over the years. Thanks to variability, high liquidity and widespread acceptance in various industries, it often happens that investors got stuck with emotionly developing space. However, identification of stubborn and bear trends is necessary to make assumed investment decisions.

What are stubborn and bear trends?

In finance, the trend is defined as a continuous model of price movements, which indicates the direction or strength of the value of assets. In the context of cryptocurrency, stubborn trends occur when prices are rising rapidly, while bear trends occur when prices are suddenly reduced. Identifying these trends can help investors make intelligent decisions regarding purchase and sales, reducing the risk of significant losses.

Why do you identify stubborn trends and wear?

Investors must understand both types of trends:

• Presentation of market movements : By identifying trends of stubborn and bears, you can predict future price movements and determine the investment strategy accordingly.

• Minimize losses

  : Identify the potential deterioration of the economic situation, help investors protect their capital by selling profits or trend at the right time.

• Profit maximization : Liquid trends indicate that prices will probably increase, providing investors with low purchase and high sales.

How to identify stubborn trends in cryptocurrency

Public trends can be identified using various indicators and technical technical techniques. Here are some key indicators to take care of:

• Relative strength indicator (RSI) : measures the amount of price movements, with the value of RSI above 70, which indicates exaggerated conditions and a value below 30, which indicates excessive conditions.

• Medium movable : Candles exceeding the previous candle indicate a stubborn trend, while those who cross below indicate the tendency to the bear.

• Bollinge bass : This technical indicator shows the average in relation to standard differences to help identify variability.

• Horizers of support and resistance : Identify areas where prices are reflected, indicating the potential level of support or resistance of future price movements.

How to identify cryptocurrency bear tendencies

Bear tendencies can be identified with similar indicators:

• Relative force indicator (RSI) : The value below 30 indicates a bear tendency.

• Medium movable : Crossing below the candles indicate a bear’s tendency, while the above intersections indicate a stubborn trend.

• Bollinger belts : Passages between the upper and lower bands may indicate bears or stubborn trends.

• Horizers of support and resistance : Identify areas in which prices usually fall, indicating the potential level of support for future price movements.

Tips for identifying trends stubborn and wearing cryptocurrency

1.

2.

• be patient

  

  : Avoid impulsive decisions based on short -term price fluctuations; Instead, focus on long -term trends.

4.

• STOP-Loss orders : Create a bright price level to sell assets to cover profits or losses.

Application

Identification of stubborn and bear trends is of key importance for making investment decisions based on a rapidly developing cryptocurrency market.

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