$BR 1-hour plunge of 5.07%; current price: 0.5848, 24-hour range: 0.5802–0.75.
A genuine trend requires successive swing highs and lows to confirm it; one or two candlesticks are only the beginning.
The first rebound after a decline is crucial: if it struggles to gain momentum, buying pressure is still weak. Recovering most of the losses is a sign that the price may be stabilizing.
#BR
A genuine trend requires successive swing highs and lows to confirm it; one or two candlesticks are only the beginning.
The first rebound after a decline is crucial: if it struggles to gain momentum, buying pressure is still weak. Recovering most of the losses is a sign that the price may be stabilizing.
#BR