A “higher low” is a technical analysis term indicating a price point that is above the previous low in an asset’s price chart. This pattern suggests that selling pressure is decreasing and buyers are stepping in at progressively higher price levels. It is considered a bullish signal, often indicating the formation of an uptrend or the continuation of an existing one. Observing consecutive higher lows can signify strengthening market support.
Context
In cryptocurrency market analysis, the formation of a higher low is frequently reported as a positive technical signal for assets like Bitcoin or altcoins. Traders and analysts look for this pattern to confirm a potential trend reversal from bearish to bullish, or to validate the strength of an ongoing ascent. News discussions often highlight higher lows as evidence of increasing demand and a stable price floor. This technical indicator helps market participants assess potential entry or exit points and overall market sentiment.
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