Supply Zone:
A supply zone occurs when the supply of a cryptocurrency exceeds the demand.
In this area, there is excess supply, leading to a falling price.
On a price chart, a supply zone is associated with a downtrend.
Traders often place sell orders in supply zones, expecting prices to decline further.
Imp : forming doji candles in weekly chart
Interpreting Doji Patterns:
Bearish Doji: When a Doji forms at a resistance area, it can signal indecision or a potential trend reversal.
However, the context matters:
If the preceding trend is upward, a bearish Doji may indicate a reversal.
If the preceding trend is downward, it could reinforce the existing bearish sentiment.
A supply zone occurs when the supply of a cryptocurrency exceeds the demand.
In this area, there is excess supply, leading to a falling price.
On a price chart, a supply zone is associated with a downtrend.
Traders often place sell orders in supply zones, expecting prices to decline further.
Imp : forming doji candles in weekly chart
Interpreting Doji Patterns:
Bearish Doji: When a Doji forms at a resistance area, it can signal indecision or a potential trend reversal.
However, the context matters:
If the preceding trend is upward, a bearish Doji may indicate a reversal.
If the preceding trend is downward, it could reinforce the existing bearish sentiment.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.