IgorPorokh

Bullish absorption BTC

Long
BITFINEX:BTCUSD   Bitcoin
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Bullish absorption, only confuse the volumes on which we row.

“Bull market” is the market where buying prevails over selling. Increased demand for an asset raises the price up, thus creating a trend. If in time to get into this trend, then there is a chance to buy an asset much cheaper than it will cost in some time. All that remains is to have time to sell the asset, and this is sometimes not at all easy.

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