#Sol semoga saja bullish setelah Natal. Sekarang beli dan ta | Khaing85 di Binance Square

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Bullish

#Solsemoga saja bullish setelah Natal. Sekarang beli dan tahan DYOR (Lakukan Riset Anda Sendiri)
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This image explains four types of breakout and retest scenarios that traders observe in technical analysis. Here's a simplified explanation: 1. Uptrend & Resistance Retest: The price is moving upward (uptrend). It breaks above a resistance level (a price level where it struggled to go higher before). After breaking out, the price comes back to test the resistance level, which now acts as support. Traders often enter the trade after the retest, expecting the price to continue upward. 2. Trend Shift & Trendline Break & Retest: The price was in a downtrend, moving along a trendline (a sloping line connecting lower highs). It breaks above the trendline, signaling a potential reversal to an uptrend. The price retests the trendline before continuing upward. 3. Consolidation & Resistance Retest: The price moves sideways in a consolidation pattern (between a support and resistance level). It breaks above the resistance level and retests it, turning resistance into support. Traders enter expecting the price to rise further. 4. Downtrend & Wedge Break & Retest: The price is in a downtrend and forms a wedge pattern (a narrowing range of price movement). It breaks below the wedge and retests the breakout point. Traders enter expecting the price to continue downward. In all cases, the "entry" is where traders typically open their position after the retest, and the "stop" is where they set a safety net in case the price goes the opposite direction.

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#Binance check chart

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on this day... #btc

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