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…Traders often use stop-loss orders to mitigate risks associated with false breakouts.In resistance-level false breakouts, the price moves above a resistance level but then falls back below it. This may trap bullish traders who expected the price to continue rising. Conversely, support-level false breakouts occur when the price drops below a support level but quickly rebounds above it, leading to losses for traders who expected a further downward move.Note that market manipulation by large trader…
Learn MoreBreakout A succinct definition of Breakout BreakoutLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYBREAKOUTCopy linkShare on TwitterShare on FacebookShare on LinkedinBreakoutA breakout occurs when the price of a cryptocurrency asset breaks out of its normal price range, either moving above the resistance level (a price point where the asset previously struggled to go higher) or below the support level with increased volume, indicating the price may move further in the breakout d…
Learn More…A stop-loss is usually placed above the last high of the wedge to protect against false breakouts, and the profit target is often set at a level equal to the height of the wedge (the distance between the upper and lower trendlines at the beginning of the pattern).Key TakeawayAn ascending wedge is a bearish chart pattern characterised by two converging trendlines that slope upwards.Related WordsSolana Program LibraryThe Solana Program Library (SPL) is a collection of ready-to-use, open-source com…
Learn MoreCrypto.com Glossary: Your Guide to Key Terms and Jargon in Blockchain and Cryptocurrency Check Crypto.com's crypto glossary to learn what commonly used terms used in the crypto-verse mean. Crypto.com Glossary: Your Guide to Key Terms and Jargon in Blockchain and CryptocurrencyLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyCrypto GlossaryLearn all of the most important blockchain and cryptocurrency terms and jargon here.Trending TermsSolana Program LibraryThe Solana Program Library (SPL…
Learn MoreResistance Level A succinct definition of Resistance Level Resistance LevelLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYRESISTANCE LEVELCopy linkShare on TwitterShare on FacebookShare on LinkedinResistance LevelA key component of technical analysis, resistance levels help traders identify potential turning points in the market and develop strategies for buying and selling. A resistance level is a price point where a cryptocurrency typically encounters selling pressure that pr…
Learn MoreDescending Triangle A succinct definition of Descending Triangle Descending TriangleLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYDESCENDING TRIANGLECopy linkShare on TwitterShare on FacebookShare on LinkedinDescending TriangleA descending triangle is a bearish chart pattern often observed in technical analysis of financial markets, including cryptocurrency markets. It’s characterised by two trendlines: a horizontal line that connects a series of similar lows, which represen…
Learn MoreSupport Level A succinct definition of Support Level Support LevelLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYSUPPORT LEVELCopy linkShare on TwitterShare on FacebookShare on LinkedinSupport LevelA support level in cryptocurrency trading refers to a price point where a cryptocurrency tends to find buying interest strong enough to prevent the price from falling further. It’s a level at which the asset’s price historically does not fall below (the ‘floor’) or tends to r…
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Learn MoreTrading Cryptocurrency With Moving Averages Moving averages smooth out price data to help identify trends and reversal points. Here’s how to use them in crypto trading. Trading Cryptocurrency With Moving AveragesLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYTrading12 Jul 2024|INTERMEDIATE|6 MIN READTrading Cryptocurrency With Moving AveragesMoving averages smooth out price data to help identify trends and reversal points. Here’s how to use them in crypto trading. Key Tak…
Learn MoreSorare: Own Your Game Collect, play and win officially licensed digital cards featuring the world's best global football, MLB and NBA players. Sorare: Own Your Game FootballNBAMLBSign upSign inTerms & ConditionsMarketplace TermsPrivacy PolicyCookie PolicyGame RulesLegal NoticeAPI TermsSorare Terms and Conditions Effective: May 28, 2025 FOR US-BASED USERS ONLY: THESE TERMS CONTAIN AN ARBITRATION AGREEMENT, WHICH WILL, WITH LIMITED EXCEPTION, REQUIRE YOU TO SUBMIT C…
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