$BNB $BTC 📉 How to Identify a Downtrend – Simple Guide for Traders
Spotting a downtrend early can save you from huge losses. Here are 9 ways to detect a bearish market 👇
1. 🔻 Lower Highs & Lower Lows
2. 📏 Fibonacci Retracement Rejection
3. 🧱 Broken Support Levels
4. 📉 Downward Channel Patterns
5. 🚩 Bearish Flag Formations
6. 📊 Rising Volume During Price Drops
7. 🧭 Below Moving Averages
8. 🔄 MA Bearish Crossovers
9. 🌀 Elliott Wave Down Structure (1-5)
🎯 Pro Tip:
When you see 2–3 of these signs together — it’s likely a downtrend. Don't go long blindly!
💬 Which of these do you use in your trading? Comment below!
#CryptoTrading #TechnicalAnalysis #Binance #Downtrend #WriteToEarn $BNB