CRYPTOCURRENCY MARKET STRUCTURE - BY @BLISSUJU| 10% PAYOUT TO THE COMMUNITY ACCOUNT

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Hello to the various users in this community, I hope we all had a great night rest. I gave a wonderful teaching last time concerning the two types of crypto currency market trends and a lot of users dropped in their comment on the post comment section which was a great one.

There were several opinions and some other chip in their contributions to concerning the topic. so today I will be talking about the crypto currency market structure, how it is formed and what it entails. I wish you a happy reading as I begin.

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We have seen the different types of market trends in my post the last time I was here but we did not go deeper on that note. as a new user, when I first saw the market I became confused and I asked my friend what is the meaning of these lines that I am seeing carrying a green and a red color.

It was so hard as a first timer in cryptocurrency to understand some basic things and information about the cryptocurrency and the blockchain as a whole but after some while I was educated and everything seems so easy to point out.

THE MARKET STRUCTURE IN CRYPTO TRADING

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Just the way I presented lately, the market structure is formed by the various market movements known as the trends, and there are basically two types of market trends which I have mentioned earlier. now the movement in price of the crypto currency forms a structure in the market which is often regarded as crypto currency trading chart.

This chart comprises of all the movement of the crypto currency and it is limited to just the past and the present movement, and just like our footprint, the crypto currency leaves footprints also and that is why this footprint is regarded as the market structure and also it can be call crypto market trading chart.

The reason why traders will first of all analyze the market structure/chart is because they want to know the activities that has been carried out in the crypto currency trading market. the structure of the market will give a trader a hint on what trade he or she is expected to execute in the market and without this market structure, it will be difficult for traders to make market analysis and get a possible market entry. so the market structure is of great help to all traders in who trade crypto currency in the crypto market.

THE MAKING OF THE MARKET STRUCTURE

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The market structure just as I have explained is formed by two market movements and this movements are called the bullish market movement and the bearish market movement. these two movements forms the market structure and that is why traders can make analysis of the market because of the trade mars or footprints the market leaves behind as it proceed in it journey.

I will like to to pay full attention to detail for discuss this more further on how the market structure is formed and also I will be explaining how the bullish market trend movement and also the bearish trend market movement forms the market trading structure which is currently called the trading chart.

• THE BULLISH TREND - The bullish trend always occurs when there are purchases in the market and this denotes certain green line structure in the market. it is formed when we see more higher highs as well as higher lows in the value of a particular digital currency in the digital trading market.

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So this movement of the uptrend in the market will continue on that particular trend and the only thing that can obstruct the trend movement is when a breakout of the market bullish trend is seen in the chart and this breakout is usually caused by a lower low in asset value hence make the market price to depict lower value in price which then changed the direction of the market to the opposite trend market movement.

So whenever we noticed a drop in the price of a given crypto currency in the crypto market trading, then it is denoted that the currency has drifted away from the bullish trend hence changing the shape of the market structure.

• THE BEARISH TREND - The bearish trend is seen in the market when the price value of the digital currency is seen depicting lower highs as well as lower lows in the crypto trading market. it forms a downtrend structure whenever the price value of a said currency goes down and reduces in price.

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The red color in the market structure indicate the bearish point of the market movement. sometimes there may be a sudden rise in price but if that rise in price did not go further than the previous low then it is still regarded as a bearish market trend movement where we get to see a continues fall in asset value in the market and hence the structure of the market is formed in a downtrend manner.

So this movement will continue unless a breakout occurs in the market which will then give rise to a new trend and the market structure takes another shape. this breakout will only take place when a higher high is seen in the market that is higher than the already existing lower low, and that indicate a new trend movement in the market.

CONCLUSION

In conclusion, the various market trends forms the market structure and to that regards the market structure is based on the market trend movement. the market structure helps traders to make a good analysis of the market before making their entry as they get to see the structure of the market in other to make prediction, whether there will be a fall in price or a rise in price of a particular crypto currency. I will continue this topic by discussing what are the various trend line, so I will be seeing you again soon enough.

Thank you all for your time, it was nice having you around. we shall be meeting again shortly.