 |
February 17, 2024, 11:01:49 AM |
|
Good day my people!
I one briefly explain this key financial concepts for all those way they new to digital finance in very simple terms so that e go help you for this financial space , so before we go into this terms make I first of all tell you say me sef I no know much In relation to watin I suppose know so the small way I tell you, you fit go do small research add on top.
So let's go, no fear e no go choke you, I go just list the terms one by and explain them,
Let's go!!
1.Price segments: this na the division in market price way be say them classify into two parts which is the high and low segments, normally the
2. Low segment : low segment na the price way buyers go like to buy while the
3. high segment: na the part of the price way sellers go like to sell. So this na two part way make any thing way get price
4.market trend: this na the general direction way be say a market or make I say asset like BITCOIN they move to over time, like now for the BITCOIN market, the market dey move up up so na up trend, normally now we get two types of trend way be say I done already mention one; we get the up trend and the ? Down trend 👍 good!!
So now make I explain the up and down trend for you.
5. Up trend: up trend now na market way be say they form higher highs and higher Lows over time and then the
6. Down trend : this na market way be say they form lower lows and lower highs over time.
7.Consolidated markets: this na time for market way be price of an asset just dey move up and down inside a small range way just dey as if, the market no dey go anywhere for some time.
8.support level: this na price level way be say the value or the price of a particular asset or any tradeable instrument dey find difficult to fall below because of increased demand or interest rate around that price area.
9. Resistance level: this na price level way be say the price of an an asset they face difficulty to move higher than because of increased supply around that zone.
10.Psychological levels: this na price levels way be say get impact on the market ,but no get any thing to do with all this demand and supply factors , but just get impact based on the human thinking, this psychological levels they usually be round figures like for example the $50k way BITCOIN just hit so.
11.Bulls: this one na the group of all the people way dey for inside market way ready to buy the asset to push the price go up.
12.Bullish market: this one na the term way them dey take classify market way be say na the bulls nine plenty pass and the market dey go up.
13.Bears : this one na the group of all the people way dey inside market way ready to sell the asset to push the market go down.
14.Bearish market : this one na the term way them dey take classify market way be say na bears nine plenty pass and the market dey go down.
15.Volatility:this na term way be say them they take discribe the speed of the market , that is ehh, how fast the price they change for the market over time.
So I hope say like this , this few market terms way I done share with you go fit help you small, and also if you get any questions to ask, no hesitate to ask.
|
