It's a great privilege to partake in this week's class by @stream4u

A reversal is the trend direction of a stock or asset changes. Being able to sight reversal positions applies that a trader should should pause existing their trade when conditions are no longer favourable. Trend reversal can be highly profiting if done right knowing high probability reversal areas.
To understand trend reversal, you must understand 4 different stages of the market.
These serves as indicator signal on market situation.

Accumulation stage
Here, the traders is buyers and sellers are in equal positions and also referred to as range market, the ratio between bullish and bearish are close and the prices go back and forth.

Progressing stage
In this stage, there's more bullish over the bearish and price moves above the average price , the early buyers will make profits as prices becomes attractive.

Distribution stage
It looks like an uptrend. Here, buyers and sellers are in equal range , the ratio between bullish and bearish is very close. It stops gradually and goes above the range , there are no guarantee yet but, there is a high probability that the bear will increase and push price lower.

Declining stage
It shows a downtrend stage and a more bearish situation , price is moving lower too.

A reversal refers to the situation where price changes up to down and vice versa, it refers to the change of pricekvement of an asset, occurs over days, weeks and months and in different times. In a reversal, traders try to run out of down trend of a reversal.
The prices changes drastically and here counter moves are called consolidations.

A reversal is different from a bull back while a reversal continues to go form a new trend while ends making price move in a trending direction. Reversals can be identified based on price indications, one major thing that causes traders loose is when false indicators are spread which does not allow traders act fast.

Coningecko

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Coningecko was founded in the year 2014 by Tim Lee and Bobby Ong. It helps different users quantify their coins, it helps to track volume, price etc and also provides a detailed analysis of the crypto market. The Nlp ie natural language processing analyses allows it's safe use, the aim is to empower uses with insights through report, newsletters and publications. It represents a site to check out live crypto prices using real time data feeds. It displays information on price. It is very useful when buying ERC-20 tokens from decentralized exchanged (Dex's) because it allows quick transfer , it helps keep up with the latest crypto information.

How to use coningecko portfolio

Log in to the coningecko account

Create a new portfolio

Start adding crypto assets

Track holdings

Features of coningecko

Top 100 coins
It is listed among the top 100 coins in the market capitalization.

Filter coins
It has the abt to view all other cryptocurrency at a time. You can easily compare top 100 cryptocurrency.

Has a social ranking
It is highly popular and ranked by various social platform. It shows a good number of telegram user's facebook and twitter etc. It provides at a glance the coins.

Easy access
It allows for access to certain information, exchange rates, rise and volume of the crypto and has an updated technical analysis, it automatically calculates the analysis of each coin.

Multi language support
Available in over 20 languages which include english, spanish, french , dutch, sweden,turkish etc.

How coningecko can be helpful in the crypto market.

The coningecko goes beyond a website because it helps user's operation on a higher level of function and very easily. It represents a great
approach to the different view of the existing Crypto market.

Steem

Steem is a cryptocurrency token that is release on steemit platform, this coin is among the four type of tokens release when you write a good article, other token that you are rewarded are Steem dollar(SBD), Steem power(SP) and Tron(TRX).

Why Steem

Recently the price of steem have been moving downward with the currently news going on in the Cryptocurrency world related to Bitcoin and Elon musk. I believe that any useful information as touching the price of steem or prediction will be what majority of people on the Steemit platform will be interested to know.