Let’s Understand the Basic Jargons in the Crypto TRADING world
Bullish- A bullish market is a financial market of a group of securities in which prices are going higher or are looked on as to come to go higher. The limited stretch of time "Bull market" is most often used to have relation to the amount of goods market but can be sent in name for to anything that is traded, such as debt agreements, money used in countries and things commonly needed. The degrees in which event is probable of market going up
Bearish-A Bearish Market is a condition in which securities prices fall and stretched wide opinionated views causes the amount of goods market's down twist round a middle point to be self-supporting. Investors make use of before losses as hopelessness and trading for money increases and this is the degrees in which event is probable of market is going down.
Gap-up- The scenario of a financial asset with the previous trading session
Gap-down- The scenario of a financial asset that opens at a price that is below the price it closed at in the previous trading session
Long position- Buying a financial asset with the expectation that it will rise in value
Resistance- The price level that sell force is strong to prevent prices from rising higher
Uptrend- The tendency of price moving upward
Downtrend-A downtrend comes to mind when the price of a property move slower over a stage in time of time. While the price may move stopping at times higher or lower, downtrends are represented by lower peaks and lower lowest parts over time. The tendency of price moving down
Short Position- Selling a borrowed financial asset with the expectation that it will drop in value and buying it back at a lower price to make a profit
Stop-loss- An order to sell a financial asset at a specific price in order to limit losses
Support- The price level that buy force is strong to prevent prices from falling further