The Crypto Mercy Dictionnary
Here are a couple of terms im using and this will help you understand the meaning.
Tweezer bottom or Tweezer top
A tweezers top is when two candles bodies occur back to back with very similar highs. A tweezers bottom occurs when two candles bodies, back to back, occur with very similar lows. The pattern is more important when there is a strong shift in momentum between the first candle and the second.
Tweezer top is a bearish reversal, end of uptrend.
Tweezer bottom is a bullish reversal, end of downtrend.
Leverage :
In crypto trading, leverage refers to using borrowed capital to make trades. Leverage trading can amplify your buying or selling power, allowing you to trade larger amounts. So even if your initial capital is small, you can use it as collateral to make leveraged trades. While leveraged trading can multiply your potential profits, it is also subject to high risk - especially in the volatile crypto market. Be careful when using leverage to trade crypto. It may lead to substantial losses if the market moves against your position.
Open interest :
EN/ Volume and open interest are two key technical metrics that describe the liquidity and activity of Future contracts - Leverage. "Volume" refers to the number of contracts traded in a given period, and "open interest" denotes the number of contracts that are active, or not settled.
W Pattern :
The double bottom or W pattern looks like the letter "W". The twice-touched low is considered a support level. Price need to go over the Neckline resistance (blue line), confirm it as support to trigger a breakout.