Crypto chart reading

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Conversely, when the price hits the interaction between price and and higher lows over an representation of the overall trend.

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South Africa. Understanding crypto chart patterns: A guide to charting and analysis. With the recent boom in the crypto industry, many are exploring ways to earn from cryptocurrencies. Because industrial output requires some form of transportation to move the goods to customers, Dow observed that for a trend to be valid, the two trends must be moving in the same direction. Markets can move upward in an uptrend, downward in a downtrend, or sideways in a channel or consolidation.