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BitEagle News
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There are only 2 ways to trade.
Momentum
- You’re betting on continuation.
- Price approaches resistance, you buy, expecting it to push through and keep running.
- The level becomes support once broken.
Mean reversion
- You’re betting on reversal.
- Price approaches resistance, you short, expecting it to bounce back down.
- The level acts as a ceiling.
↓
Momentum
- You’re betting on continuation.
- Price approaches resistance, you buy, expecting it to push through and keep running.
- The level becomes support once broken.
Mean reversion
- You’re betting on reversal.
- Price approaches resistance, you short, expecting it to bounce back down.
- The level acts as a ceiling.
↓
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