$USDC
Beware... Don't believe every direction!"
The difference between a real trend and a false trend
"Not every upward or downward line can be called a trend! There is a real trend and there is an imaginary trend (which sets a trap for you)."
How to differentiate between them?
The real trend: is supported by strong trading volume and is shown through clear and consecutive highs and lows on the chart. Once these indicators are aligned, you can be more confident in the continuity of the direction.
The false trend: the price movement is highly volatile, and the trading volume is weak, and it is shown through false breakouts of lines or levels that may seem significant, but the market quickly returns to the original direction or reverses.
Today's advice: Don't rush to judge the market based on just one day's movement. The market needs a broader perspective and a deeper understanding for the actual direction to become clear to you. Stay smart, and focus on the small details like volume, and support and resistance levels.
"Patience is not just the key to relief... it is also the key to success in trading.