Price Action

As a trader, price actionAs a trader, price action refers to the movement of the price of a cryptocurrency over time. It's the study of how the price changes... More refers to the movement of the price of a cryptocurrencyCryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central bank. Cryptocurrencies use decentralized technology called blockchain... More over time. It’s the study of how the price changes and how you can use that information to make informed trading decisions. By analyzing price action, you can identify trends, momentum, and potential buy or sell signals. You may use tools like charts and technical indicatorsTechnical indicators are mathematical calculations based on the price and/or volume of an asset. They are used to help traders identify market trends, momentum, and... More to supplement your analysis and develop trading strategies based on the observed price action. Understanding price action is an important part of successful cryptocurrency trading.