π What Is Momentum Trading? π βββββββββββββ Momentum trading is the practice of buying and selling assets according to the recent strength of price trends. It is based on the idea that if there is enough force behind a price move, it will continue to move in the same direction.
When an asset reaches a higher price, it usually attracts more attention from traders and investors, which pushes the market price even higher. This continues until a large number of sellers enter the market β for example, when an unforeseen event causes them to rethink the assetβs price. Once enough sellers are in the market, the momentum changes direction and will force an assetβs price lower. βββββββββββββ π@Market_Shareπ
π What Is Momentum Trading? π βββββββββββββ Momentum trading is the practice of buying and selling assets according to the recent strength of price trends. It is based on the idea that if there is enough force behind a price move, it will continue to move in the same direction.
When an asset reaches a higher price, it usually attracts more attention from traders and investors, which pushes the market price even higher. This continues until a large number of sellers enter the market β for example, when an unforeseen event causes them to rethink the assetβs price. Once enough sellers are in the market, the momentum changes direction and will force an assetβs price lower. βββββββββββββ π@Market_Shareπ
BY Share Market & Trading
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Durov said on his Telegram channel today that the two and a half year blockchain and crypto project has been put to sleep. Ironically, after leaving Russia because the government wanted his encryption keys to his social media firm, Durovβs cryptocurrency idea lost steam because of a U.S. court. βThe technology we created allowed for an open, free, decentralized exchange of value and ideas. TON had the potential to revolutionize how people store and transfer funds and information,β he wrote on his channel. βUnfortunately, a U.S. court stopped TON from happening.β
Find Channels On Telegram?
Telegram is an aspiring new messaging app thatβs taking the world by storm. The app is free, fast, and claims to be one of the safest messengers around. It allows people to connect easily, without any boundaries.You can use channels on Telegram, which are similar to Facebook pages. If youβre wondering how to find channels on Telegram, youβre in the right place. Keep reading and youβll find out how. Also, youβll learn more about channels, creating channels yourself, and the difference between private and public Telegram channels.