Lens1000
VIP Contributor
To learn cryptocurrency chart to pull a successful trade , you need not bother yourself with technical jargon. In this short article, I will try to use simple English and terms to explain the analysis of the crypto charts
Firstly, bullish movement is the upward movement/positive movement of the market price. The bearish movement is the downward or negative movement of the market price. The bears or sellers brings the market price down by selling their cryptocurrency. The bulls/ buyers pull the price up by buying the cryptocurrency.
If you want to read the chat clearly through technical analysis, you need to understand the DOW THEORY. The following are the vital indicators to take note of in Dow Theory
* the price of the cryptocurrency is arrived at by taking into consideration the present, past and future market details.
* the crypto market is determined by the prior, existing and upcoming variables . Also , you should also consider regulations in this category
*it shows the trend the price movement follows . The price movement could be short or long term.
I want you to comprehend these first . Then I will explain further in the next lesson.
Firstly, bullish movement is the upward movement/positive movement of the market price. The bearish movement is the downward or negative movement of the market price. The bears or sellers brings the market price down by selling their cryptocurrency. The bulls/ buyers pull the price up by buying the cryptocurrency.
If you want to read the chat clearly through technical analysis, you need to understand the DOW THEORY. The following are the vital indicators to take note of in Dow Theory
* the price of the cryptocurrency is arrived at by taking into consideration the present, past and future market details.
* the crypto market is determined by the prior, existing and upcoming variables . Also , you should also consider regulations in this category
*it shows the trend the price movement follows . The price movement could be short or long term.
I want you to comprehend these first . Then I will explain further in the next lesson.