#RETRACEMENT or reversal
$DEXE
😁 Retracement (Pullback): This is a temporary counter-trend move within an ongoing primary trend. It allows the market to catch its breath and gives buyers a better entry price without disrupting the overall trend. On this chart, the slight downward movement following the sharp impulse up represents a healthy retracement.
😀 Reversal (Trend Shift): This occurs when the primary trend completely changes direction—such as a bullish (uptrend) shifting into a bearish (downtrend). To confirm a true reversal, traders look for structural confirmation like a Market Structure Shift (MSS) or a Break of Structure (BOS).
😃 Chart Analysis (DEXE/USDT 4H): After hitting 2.707, price is testing EMA 5/8 support. Holding means retracement; breaking structure signals reversal.
🎁 Disclaimer: Educational purpose only. DYOR before trading.
#binancesquare 🤷♂️☕️🤷♂️🍕🤷♂️🎂🤷♂️🦄
$DEXE
😁 Retracement (Pullback): This is a temporary counter-trend move within an ongoing primary trend. It allows the market to catch its breath and gives buyers a better entry price without disrupting the overall trend. On this chart, the slight downward movement following the sharp impulse up represents a healthy retracement.
😀 Reversal (Trend Shift): This occurs when the primary trend completely changes direction—such as a bullish (uptrend) shifting into a bearish (downtrend). To confirm a true reversal, traders look for structural confirmation like a Market Structure Shift (MSS) or a Break of Structure (BOS).
😃 Chart Analysis (DEXE/USDT 4H): After hitting 2.707, price is testing EMA 5/8 support. Holding means retracement; breaking structure signals reversal.
🎁 Disclaimer: Educational purpose only. DYOR before trading.
#binancesquare 🤷♂️☕️🤷♂️🍕🤷♂️🎂🤷♂️🦄
