$BTC

How do I differentiate between price correction and trend reversal?

✨Depth of Movement:

✅Correction: Usually a pullback of 10-30% within the trend.

✅Reversal: A deeper decline that breaks key support/resistance levels.

✨Volume Analysis:

✅Correction: Decreased trading volume, indicating weak selling pressure.

✅Reversal: Increased trading volume confirms a shift in market sentiment.

✨Key Levels:

✅Correction: Price remains above the main support level in an uptrend or below the resistance level in a downtrend.

✅Reversal: Breaking key levels, indicating a potential shift in trend.

✨Market Sentiment:

✅Correction: Investors see this as a buying opportunity.

✅Reversal: Dominance of fear or greed, leading to continuous price movement in the opposite direction.

👋👋Always use multiple confirmations before making a decision, as false signals may occur! 👋👋

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