During the trading process, mastering the 6 core patterns of the main force's direction can effectively help us make judgments!
1. Top Divergence (Price reaches a new high but volume does not follow)
2. Bottom Divergence (Price reaches a new low but volume increases against the trend)
3. Trend Line Breakthrough (Key point for directional choice)
4. Horizontal Breakthrough (Precursor to a trend change)
5. Support and Resistance (The dividing line between bulls and bears)
6. Accelerated Trend (Short-term explosion signal)
By identifying classic patterns, we can more accurately judge the transition of bullish and bearish forces, grasp turning points in trends or opportunities for continuation.
However, it is important to note that technical analysis is not infallible and should be combined with a comprehensive assessment of the overall market environment and fundamentals! $BTC