#REVABinanceTGE What is pin bar? •The pin bar ca | Sahiru_Keshan on Binance Square

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#REVABinanceTGE What is pin bar?
           •The pin bar candle stick is one of the most easily recognisable patterns for pattern trading. It indicates the potential reversal of the price trend. It consists of a small body with a long wick (shadow) on one side and a short wick (shadow) on the other. The longer shadow is also called the tail#pinbar #ETH5kNext? $BTC  

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#ETH5kNext? What is divergence? •Divergence occurs when an asset's price moves in a direction opposite to that of a related technical indicator or data point. Positive divergence occurs when prices fall, but the indicator rises, suggesting prices may soon increase.#ETHOvertakesNetflix #BTCOvertakesAmazon $ETH

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What is green chandle stick? •A bullish candlestick is typically green or white and means the closing price is higher than the opening price, indicating upward momentum. Inversely, a bearish candlestick, generally red or black, signals that the closing price was lower than the opening price, reflecting downward pressure#ETHRally #ETH5kNext? $ETH

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#REVABinanceTGE What is red chandle stick? •Bearish Signal: A Red Candlestick indicates a bearish sentiment in the market, suggesting that sellers have dominated the trading activity during the period. It signifies a potential downward trend or a continuation of a downtrend in the security's price.#ETHRally #DeFiGetsGraded $BTC

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#REVABinanceTGE What is chandle stick? •A candlestick chart is a style of financial chart used to describe price movements of a security, derivative, or currency. While similar in appearance to a bar chart, each candlestick represents four important pieces of information for that day: open and close in the thick body, and high and low in the "candle wick#chandlestic #ETH5kNext? $ETH

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