1. High
What does it mean: "High" is the maximum price for a certain period of time, such as a day, week or month. This term indicates the highest point reached by the price of an asset.
How to use: The concept of "high" is important for identifying resistance levels. If the price has reached a certain high several times but has not exceeded it, this level can become a psychologically significant barrier that traders will take into account when opening or closing positions.
2. Low
What it means: 'Low' (from English low) is the minimum price of an asset over a specified period of time. This term defines the lowest point of price movement.
How it is used: Low helps to identify support levels. If the price of an asset does not fall below a certain low over several attempts, that level is often viewed by traders as support and a signal for potential buying.
3. Flat or Sideways Market
What it means: Flat indicates a market state where the price moves within a narrow corridor, showing no clear growth or decline. The term 'sideways' is used to similarly describe price movement within established boundaries.
How it is used: During a flat market, traders typically avoid active trades as the market does not show clear trends. A flat can be a sign of consolidation, meaning a temporary accumulation of strength for further growth or decline.
4. Squeeze
What it means: A squeeze is a rapid change in the price of an asset caused by a sudden and mass change in the positions of traders who were on the verge of liquidation. This term most often refers to short positions.
How it is used: A squeeze is often associated with a sharp price increase when traders who have bet on a decline are forced to close their positions due to losses. A squeeze can trigger a rapid upward price movement, and experienced traders often use it as a signal to open short positions.
5. Support and Resistance
What it means: Support or support level is the price level at which demand for an asset becomes strong enough to prevent it from falling further. Resistance or resistance level is the level at which an asset encounters strong resistance when trying to break through a higher price level.
How it is used: Traders use these levels to identify entry and exit points for trades. For example, if an asset breaks below a support level, it may indicate further price declines. Conversely, breaking through resistance may signal growth.
6. Leverage
What it means: Leverage is the use of borrowed funds to increase the size of a trade and thus potential profits. High leverage increases both risks and potential profits, as both profits and losses increase proportionally.
How it is used: Leverage is particularly popular among experienced traders, as it allows significantly increased trading volumes with limited capital. However, using leverage requires strict risk management, as potential losses can far exceed the initial amount.
7. Pump and Dump
What it means: A pump is a sharp increase in the price of an asset over a short period, while a dump indicates a sharp decrease in price. These terms are most often used to describe short-term anomalous price movements that may result from manipulation.
How it is used: Pump and dump often occur due to speculative interest or mass influx of funds into an asset. Typically, experienced traders see such movements as temporary, so they try to enter at the early stages of the pump and exit before it completes.
8. Short and Long
What it means: Short is a strategy where a trader takes a position to sell an asset with the expectation of its decline. Long is the purchase of an asset with an expectation of its growth.
How it is used: Long is considered a bullish position, while short is bearish. By opening a short, a trader expects to profit from a decline in the asset's price by selling the asset short and then buying it back at a lower price. Long, on the contrary, implies profit from the asset's price growth.