Awesome.
What drives the price in any market is the laws of Supply and Demand.
When you think of a grocery product or physical asset, it is easy to picture: no more apples, then apples get more expensive. Too expensive apples, nobody buys and it starts to decompose, so it gets cheaper.
When we translate this into charts, we will always need to find points of imbalance. What this means is points where the price is sufficiently cheap for algorithms to ape in and buy the asset, and vice versa.
This means that we need to go down, in order to get higher.
Inversely, we need more expensive prices, so we visit cheaper zones in the future.
I see that this concept is counter-intuitive, and I'll probably have to develop in a post. Hope I didn't confuse you 😅
!PIZZA !HBIT
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All fine. ✌🏻