🌳very important terminologies in Trading🌳
Hello every one
🟡(1) Price action
The Movement of an asset or Security's price over Time , Plotted on The chart
🟡(2) All-Time High (ATH)
The Highest asset has Ever been in Price
🟢(3) Support
a Point in the market where the Price is less likely to drop below due to previous demand or price action
🟡(3) Resistance
a Point in the market where the Price is less likely to break above due to previous demand or price action
🔵(4) Trend line
a line indicating the General Price Direction of a chart
🟡(5) break out
when the Price of the asset break through a pre-determined Trendline
⚪(6) Formation
when a Financial Chart moves in such a way as to create a Recognizable pattern.patterns to signal trading opportunities either to enter or exit positions.
🟢(7) pump or bullish
The price of an asset is going up
🟡(7) Dump or bearish
The price of an asset is going Down
🔵(8) Long Position
a Regular Buy in The Market. a Trade that is Predicting the asset will go up in value
🟡(8) short Position
The opposite of a long Position. Entering a Trade position betting the asset to go down in value.
🟡(1) Price action
The Movement of an asset or Security's price over Time , Plotted on The chart
🟡(2) All-Time High (ATH)
The Highest asset has Ever been in Price
🟢(3) Support
a Point in the market where the Price is less likely to drop below due to previous demand or price action
🟡(3) Resistance
a Point in the market where the Price is less likely to break above due to previous demand or price action
🔵(4) Trend line
a line indicating the General Price Direction of a chart
🟡(5) break out
when the Price of the asset break through a pre-determined Trendline
⚪(6) Formation
when a Financial Chart moves in such a way as to create a Recognizable pattern.patterns to signal trading opportunities either to enter or exit positions.
🟢(7) pump or bullish
The price of an asset is going up
🟡(7) Dump or bearish
The price of an asset is going Down
🔵(8) Long Position
a Regular Buy in The Market. a Trade that is Predicting the asset will go up in value
🟡(8) short Position
The opposite of a long Position. Entering a Trade position betting the asset to go down in value.
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✨Join my trading platform and start trading there!
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✅KYC-Free Crypto Exchange, Signup for 20% Fees Off and $45,145 Rewards.
partner.zoomex.com/aff/ZX902593
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