What is Sideways?

Sideways is an important indicator in crypto market analysis. This indicator signals a period of uncertainty or calm before the market chooses the next trend direction, either bullish (up) or bearish (down). During sideways periods, trading volume typically decreases, indicating a lack of clarity among market participants about the asset's future direction.

In simple terms, sideways can be interpreted as a consolidation phase of the crypto market, where buying and selling pressure seems to be balanced, causing prices to fluctuate within certain limits.

Sideways characteristics can be identified through technical analysis tools such as price charts. In charts, sideways is characterized by prices moving horizontally between two price levels – resistance (upper limit) and support (lower limit). Observing the characteristics of sideways is important for traders to determine a strategy - whether to wait until a new trend appears or make trading decisions based on the range of price movements.

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