Greetings, Steemit family, @Steem4Bloggers! How are you all? I hope all of you are fine. I am very excited to be here again to share today's learning cryptography diary. Today's diary is about breaking structure vs. changing character. I'll talk about it in detail. You have to be active. Your help means a lot to me. and don't forget to tell me your views and thoughts in the comment section. So let's go ahead and start today's episode without any further delay.
The Cryptech Diary Game ( November 09, 2023 )
Episode 17
- BOS: Break of structure
A break in structure forms in the direction of the trend, creating continuation patterns. Break of recent lower low when bearish or break of recent higher high when the market is bullish.
- CHOCH: Change of Character
Change in character form at the end of a trend. After that, the price creates alternatives. If the price is changing from a bullish trend, then it makes lower lows and lower highs. and if the price changes its trend from a bearish trend, then it makes higher highs and higher lows. vice versa
The only thing that can Differ Change of character from the break of structure is that it changes the trend.
I know it was a short post, but believe me, it is full of information you need if you are a trader. I hope you will like today's learning diary game, Cryptography Diary. If you did, then tell me in the comment section. For more learning, you can Google it or take lessons from YouTube. I am going to sleep, so be careful. I will publish a Cryptech diary on the BTC market. stay tuned. Show your love and support by upvoting this post. And also, don't forget to follow me at @hotstolen. Take care, family...):