Our Group: CySEC CIMA FSA

Bottom


A bottom is any point at which a down-trending price reaches a level where it stops going down due to increased buying pressure.

If the price level holds, it usually leads to a trend reversal and the price starts to go up again. When this happens an asset is said to have “bottomed-out”.

When this price level fails to hold and it continues to go down it’s referred to as a temporary.

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