Cryptocurrency exchange

Market capitalization (or market cap) is a metric used in both traditional finance and cryptocurrency markets. It represents the total value of a specific cryptocurrency and can be calculated by multiplying the current price per token by the total number of coins in circulation. In traditional finance, market capitalization allows you to assess a company’s […]

The second low must be higher than the first for the line to have a positive slope. They do show the rhythm and momentum of the market (think of fanning trend lines) and many traders do use them. I don’t know but they do seem to represent turning points and often line up with price