CLUB75 || TERMS IN CRYPTOCURRENCY || written by :- @olabillions

RESISTANCE:- This is one of the common term in crypto chart, it occurs as a result of greater supply in the market. A crypto coin is said to reverse, if the amount of supply is higher than demand.

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In other words, resistance occurs when the selling pressure supersede the buying pressure. Resistance can be of level and zone, the resistance level is the level at which the buying pressure ends and a reversal occurs as a result of the selling pressure at a particular price. The resistance zone is the zone at which the selling interest occurs due to increase in price

SUPPORT:- It occurs when the rate of accumulation is higher, it simply means SUPPORT occurs when the buying pressure is higher than the selling pressure as a result of buying at a low price.

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The support level is the end of a selling pressure and the beginning of a buying. While the support zone is the zone at which the buying interest occurs due to decrease in price.

BULLISH:- This is a term in crypto that simply put that the market in general is experiencing an upward movement as a result of investors investing in the market with believe that the market will go up.

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in the crypto chart, this phase is often represented with green candles, it is a positive feeling when price of an asset suddenly go up as a result of investors investing, it can also be termed as a bull phase which result in a bull market so far the candles are trending upward.

BEARISH:- This is a phase in crypto chart that indicates that investors believes the market will go down and it is often caused as a result of large exit from the market which makes the market experience downward movement.

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In the crypto chart, this phase is often represented with red candles, when price suddenly trend downward as a result of investor withdrawing from the market, it result in a bearish phase and it can also be termed as bear phase which result generally as a bear market so far the candles are trending downwards.

Note that the bullish phase can be for short term or long term likewise the bearish phase, and secondly the bullish phase of for making profit while the bearish phase is buying when the price is low.

UPTREND:- This is a trend that describes an asset in an upward price movement. when the forces of demand is greater than supply, the price momentum trend upward forming a market structure of higher highs and higher lows.

DOWNTREND:- This is a trend that describes an asset in a downward price movement. When the forces of supply is greater than demand, we tend to see the asset prive trending in a downward momentum forming a market structure of lower lows and lower high.

SIDEWAYS TREND:- In this trend, the market is said to be in a ranging movement, the indecision between the demand and supply are almost balanced without tye buyer or seller in control of the market.