You can detect a trend reversal before it happens.
One way to do this is by detecting double bottoms.
The psychology behind this is that traders are unable to take price lower while it is in a downtrend.
They are unable to make a lower low and this indicates weak bearish pressure therefore providing a signal for trend reversal.
@CryptoTrades #education #trading #doublebottom #trendreversal #cryptotradespremium #winningsignals
One way to do this is by detecting double bottoms.
The psychology behind this is that traders are unable to take price lower while it is in a downtrend.
They are unable to make a lower low and this indicates weak bearish pressure therefore providing a signal for trend reversal.
@CryptoTrades #education #trading #doublebottom #trendreversal #cryptotradespremium #winningsignals
You can detect a trend reversal before it happens.
One way to do this is by detecting double bottoms.
The psychology behind this is that traders are unable to take price lower while it is in a downtrend.
They are unable to make a lower low and this indicates weak bearish pressure therefore providing a signal for trend reversal.
@CryptoTrades #education #trading #doublebottom #trendreversal #cryptotradespremium #winningsignals
One way to do this is by detecting double bottoms.
The psychology behind this is that traders are unable to take price lower while it is in a downtrend.
They are unable to make a lower low and this indicates weak bearish pressure therefore providing a signal for trend reversal.
@CryptoTrades #education #trading #doublebottom #trendreversal #cryptotradespremium #winningsignals