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“📍📍BREAKING THE TREND📍📍
One can understand the break from 2 signs.
1 👉 Volume should be strong
2 👉 The candle should be closed on the trend
*** Many times we see that new friends open buy positions even if the trend is not broken. A candlestick that broke the trend is about to return to the bottom of the trend. Then the friends say, "Hey, my friend, I'm buying it." Therefore, in order not to back down, one must follow both of the above signs, make the decision to break and open long positions."
#Binance #btc #ETH #kurdistan
One can understand the break from 2 signs.
1 👉 Volume should be strong
2 👉 The candle should be closed on the trend
*** Many times we see that new friends open buy positions even if the trend is not broken. A candlestick that broke the trend is about to return to the bottom of the trend. Then the friends say, "Hey, my friend, I'm buying it." Therefore, in order not to back down, one must follow both of the above signs, make the decision to break and open long positions."
#Binance #btc #ETH #kurdistan
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WHAT IS RSI???
RSI is a buy and sell indicator. His account is still complicated so don't worry too much about it. This is what you need to know. When the RSI falls below the level of 30, it indicates that oversold has occurred in that coin and there is a high probability of receiving a reaction. If the RSI rises above 70, it indicates that the coin is overbought and is likely to make a downward correction.
Sometimes when buying increases, RSI goes above 90. But since the calculation of Rsı is based on the average price and purchase, every time the price increases, it continues to rise more slowly. However, we see this in big falls as well.
Therefore, one should not open positions just by following the RSI. If the price is on the copal, and the volume is low, you are looking at the RSI. Has the RSI also fallen according to the price or not? If the RSI has also fallen according to the price, then you can place your buy order near the top of the chart.
In short, when Rs goes below 30 it is a buying opportunity, above 70 is a selling point.
#Binance #btc #ETH #Bitcoin #kurdistan
RSI is a buy and sell indicator. His account is still complicated so don't worry too much about it. This is what you need to know. When the RSI falls below the level of 30, it indicates that oversold has occurred in that coin and there is a high probability of receiving a reaction. If the RSI rises above 70, it indicates that the coin is overbought and is likely to make a downward correction.
Sometimes when buying increases, RSI goes above 90. But since the calculation of Rsı is based on the average price and purchase, every time the price increases, it continues to rise more slowly. However, we see this in big falls as well.
Therefore, one should not open positions just by following the RSI. If the price is on the copal, and the volume is low, you are looking at the RSI. Has the RSI also fallen according to the price or not? If the RSI has also fallen according to the price, then you can place your buy order near the top of the chart.
In short, when Rs goes below 30 it is a buying opportunity, above 70 is a selling point.
#Binance #btc #ETH #Bitcoin #kurdistan
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Why has Shiba not gone up or down so far? 🤔
#shibainu #binance #BinanceTournament #kurdistan #BinanceTrends
#shibainu #binance #BinanceTournament #kurdistan #BinanceTrends
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Quick conversion and protection of IQD to USDT in Sulaymaniyah and all of Kurdistan via Binance P2P and Binance Pay
💸 Sending and receiving money via Western Union is available
⚡ Conversion up to 10 times in one day
⏰ Working hours: until 6 PM
#IQD $BTC #BinanceP2P #WesternUnion #Iraq #Kurdistan $USDC $ETH
💸 Sending and receiving money via Western Union is available
⚡ Conversion up to 10 times in one day
⏰ Working hours: until 6 PM
#IQD $BTC #BinanceP2P #WesternUnion #Iraq #Kurdistan $USDC $ETH
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