A “lower low” is a technical analysis term indicating a price point that falls below the previous low in an asset’s price chart. This pattern suggests that selling pressure is increasing and buyers are not stepping in at previous support levels. It is considered a bearish signal, often indicating the continuation of a downtrend or the formation of a new one. Observing consecutive lower lows can signify persistent weakness in market demand.
Context
In cryptocurrency market analysis, the occurrence of a lower low is frequently reported as a negative technical signal for assets like Bitcoin or altcoins. Traders and analysts look for this pattern to confirm a potential trend reversal from bullish to bearish, or to validate the strength of an ongoing decline. News discussions often highlight lower lows as evidence of decreasing demand and a weakening price floor. This technical indicator helps market participants assess potential entry or exit points and overall market sentiment during periods of decline.
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