What does gapper mean in the realm of cryptocurrency?

3 answers

• LiaAug 13, 2022 · 3 years ago
  Gapper is a term commonly used in cryptocurrency trading. It refers to a price gap that occurs between two consecutive trading sessions. This gap is caused by a significant difference in the opening price of the current session compared to the closing price of the previous session. Traders often analyze and take advantage of these gaps to make profitable trades. It's important to note that gappers can be both positive (price opening higher than the previous close) or negative (price opening lower than the previous close).
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• Cheshta ChhabraJul 08, 2022 · 3 years ago
  In the realm of cryptocurrency, a gapper is a trading strategy that focuses on identifying and capitalizing on price gaps. Traders who use this strategy look for significant price differences between the closing price of one trading session and the opening price of the next session. By analyzing these gaps, traders can make informed decisions about buying or selling cryptocurrencies. Gapper trading can be a high-risk strategy, as it requires quick decision-making and careful analysis of market trends. However, when executed correctly, it can lead to substantial profits.
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• chinnuJul 01, 2022 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, offers a gapper feature that allows traders to identify and take advantage of price gaps in the market. With BYDFi's gapper tool, traders can set specific criteria and receive real-time alerts when a significant price gap occurs. This feature helps traders stay updated on market movements and make timely trading decisions. However, it's important to note that gapper trading involves risks, and it's essential to conduct thorough research and analysis before making any investment decisions.
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