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How do you guys trade futures profitably?
I'm trying to figure it out right now.
I checked the Binance Academy and courses, but there are some unclear concepts to me like position sizing and proportionality with leverage.
I made some profit with this $FARTCOIN but nothing more so are.
I'm okay to get any insights from anyone.
thank you.
#Futures_Signals #learntotrade #LearnTogether
I'm trying to figure it out right now.
I checked the Binance Academy and courses, but there are some unclear concepts to me like position sizing and proportionality with leverage.
I made some profit with this $FARTCOIN but nothing more so are.
I'm okay to get any insights from anyone.
thank you.
#Futures_Signals #learntotrade #LearnTogether
K
FARTCOINUSDT
Trvl
Zatvorené
PNL
+31.41%
#ShareYourThoughtOnBTC At some point, every trader realizes the market isn't their enemy their own ego is.
Growth doesn't come from a lucky trade; it starts when the pain of repeating the same mistakes finally outweighs the greed. Most people don't lose money because they lack strategy, they lose because they lack discipline.
If you are tired of being exit liquidity for others, you belong here. Stop chasing candles and start mastering yourself. Join me if you’re ready to break the cycle
#BinanceSquare $LTC $ETC $XMR
#CryptoJourney
#TradingLessons
#MarketReality
#LearnToTrade
Growth doesn't come from a lucky trade; it starts when the pain of repeating the same mistakes finally outweighs the greed. Most people don't lose money because they lack strategy, they lose because they lack discipline.
If you are tired of being exit liquidity for others, you belong here. Stop chasing candles and start mastering yourself. Join me if you’re ready to break the cycle
#BinanceSquare $LTC $ETC $XMR
#CryptoJourney
#TradingLessons
#MarketReality
#LearnToTrade
I wish I knew this before starting Binance… 👀
When I started trading, I thought profit is easy.
I followed hype, random signals, and emotions.
Result? Small losses and big confusion.
Then I learned charts, patience, and risk control.
Now I know — trading is not luck, it’s skill. 📈
Learn first… Profit later.
#Binance #learntotrade #USIranStandoff #tradingjourney #GoldSilverRebound $ETH $XRP $USDC
When I started trading, I thought profit is easy.
I followed hype, random signals, and emotions.
Result? Small losses and big confusion.
Then I learned charts, patience, and risk control.
Now I know — trading is not luck, it’s skill. 📈
Learn first… Profit later.
#Binance #learntotrade #USIranStandoff #tradingjourney #GoldSilverRebound $ETH $XRP $USDC
Dnešné PNL obchodu
+$0
+0.00%
🔥 NEW ACCOUNT ALERT: LET'S BUILD THIS ALPHA TOGETHER! 🔥
Welcome aboard! Follow this account immediately to lock in long-term signals and expert insights.
I am taking live questions on all things trading TODAY. Drop your toughest queries below. I will personally answer every single one.
We are growing smarter and maximizing gains together. No more guessing.
#CryptoTrading #AlphaCall #LearnToTrade 🤝
Welcome aboard! Follow this account immediately to lock in long-term signals and expert insights.
I am taking live questions on all things trading TODAY. Drop your toughest queries below. I will personally answer every single one.
We are growing smarter and maximizing gains together. No more guessing.
#CryptoTrading #AlphaCall #LearnToTrade 🤝
What Does "Holding MA60" Actually Mean?
You see it all the time: "Price is holding MA60 support." But what does that really tell us? Let's break it down.
🔍 MA60 – The Trend Filter
The 60-period Moving Average acts as a dynamic trend filter on any chart (15m, 1H, 1D).
Price ABOVE MA60 → Generally considered bullish/bull-leaning territory.
Price BELOW MA60 → Generally considered bearish/bear-leaning territory.
🎯 Why Is It Important?
It’s not a magic line. It’s a crowd psychology level. Traders and algorithms watch it. When price approaches MA60:
Bulls defend it to keep the trend alive.
Bears attack it to reverse the trend.
✅ The "Hold" vs. "Break"
Holding (like SENT/USDT now): Buyers are stepping in at that level. Shows demand. Often leads to a bounce or consolidation.
Breaking (like SOL/USDT recently): Sellers have overwhelmed buyers. Shows supply taking over. Often leads to further downside.
⚠️ The Catch – Volume & Context
A hold/break is only valid if confirmed by:
Volume: High volume on the break = strong conviction. Low volume = suspicious.
Timeframe: A hold on the 15m chart is less significant than on the Daily chart.
Market Context: Is the overall market bullish or bearish?
🧠 The Takeaway
Don’t just see the MA60. Read it.
Is price respecting it?
Is volume confirming the move?
What is the higher timeframe trend?
Master this, and you’re reading the market’s diary.
$BTC
$BNB
$XRP
#CryptoEducation #TechnicalAnalysis #Resistance #LearnToTrade #BukhariTech
You see it all the time: "Price is holding MA60 support." But what does that really tell us? Let's break it down.
🔍 MA60 – The Trend Filter
The 60-period Moving Average acts as a dynamic trend filter on any chart (15m, 1H, 1D).
Price ABOVE MA60 → Generally considered bullish/bull-leaning territory.
Price BELOW MA60 → Generally considered bearish/bear-leaning territory.
🎯 Why Is It Important?
It’s not a magic line. It’s a crowd psychology level. Traders and algorithms watch it. When price approaches MA60:
Bulls defend it to keep the trend alive.
Bears attack it to reverse the trend.
✅ The "Hold" vs. "Break"
Holding (like SENT/USDT now): Buyers are stepping in at that level. Shows demand. Often leads to a bounce or consolidation.
Breaking (like SOL/USDT recently): Sellers have overwhelmed buyers. Shows supply taking over. Often leads to further downside.
⚠️ The Catch – Volume & Context
A hold/break is only valid if confirmed by:
Volume: High volume on the break = strong conviction. Low volume = suspicious.
Timeframe: A hold on the 15m chart is less significant than on the Daily chart.
Market Context: Is the overall market bullish or bearish?
🧠 The Takeaway
Don’t just see the MA60. Read it.
Is price respecting it?
Is volume confirming the move?
What is the higher timeframe trend?
Master this, and you’re reading the market’s diary.
$BTC
$BNB
$XRP
#CryptoEducation #TechnicalAnalysis #Resistance #LearnToTrade #BukhariTech
SKR +44% CASE STUDY: How to Spot a Real Breakout
SKR/USDT isn't just pumping—it's teaching.
🔍 3 Lessons from This Move:
The Level Matters: MA60 isn't "just a line." It's a psychological battleground. Breaking it with force signals a trend change.
Volume is King: A 44% move on 19M volume (near average) means real money is moving. No volume = no conviction.
Momentum Follows Breakouts: Once key resistance breaks, FOMO kicks in. The first rally is often the strongest.
📈 So, Is It Too Late?
For the explosive entry? Yes. But if this is a true trend reversal, we're still in early Phase 1. Dips are now buying opportunities until the structure breaks.
⚠️ Warning: Not financial advice. But this is a textbook move worth studying.
Keep learning. Keep winning. 🧠
$SKR
#CryptoEducation #BreakoutAnalysis #LearnToTrade #MarketStructure #BukhariTech
SKR/USDT isn't just pumping—it's teaching.
🔍 3 Lessons from This Move:
The Level Matters: MA60 isn't "just a line." It's a psychological battleground. Breaking it with force signals a trend change.
Volume is King: A 44% move on 19M volume (near average) means real money is moving. No volume = no conviction.
Momentum Follows Breakouts: Once key resistance breaks, FOMO kicks in. The first rally is often the strongest.
📈 So, Is It Too Late?
For the explosive entry? Yes. But if this is a true trend reversal, we're still in early Phase 1. Dips are now buying opportunities until the structure breaks.
⚠️ Warning: Not financial advice. But this is a textbook move worth studying.
Keep learning. Keep winning. 🧠
$SKR
#CryptoEducation #BreakoutAnalysis #LearnToTrade #MarketStructure #BukhariTech
🚨 NEW ACCOUNT ALERT: LET'S BUILD TOGETHER 🚨
I'M LIVE AND READY TO ANSWER YOUR TRADING QUESTIONS. DROP THEM BELOW NOW! 👇
This is where we lock in long-term growth and level up our market IQ. No holding back.
• Ask me anything about strategy.
• Let's crush this market cycle.
#CryptoTrading #AlphaCall #LearnToTrade 🤝
I'M LIVE AND READY TO ANSWER YOUR TRADING QUESTIONS. DROP THEM BELOW NOW! 👇
This is where we lock in long-term growth and level up our market IQ. No holding back.
• Ask me anything about strategy.
• Let's crush this market cycle.
#CryptoTrading #AlphaCall #LearnToTrade 🤝
🔥 NEW ACCOUNT ALERT! FOLLOW NOW FOR ALPHA! 🔥
I am back and ready to connect long-term. Your trading questions are welcome right here. Ask me anything about strategy, markets, or execution. We grow and trade smarter together.
• Get ready to level up your game.
• Let's build this community.
#CryptoTrading #AlphaCall #Strategy #LearnToTrade 🤝
I am back and ready to connect long-term. Your trading questions are welcome right here. Ask me anything about strategy, markets, or execution. We grow and trade smarter together.
• Get ready to level up your game.
• Let's build this community.
#CryptoTrading #AlphaCall #Strategy #LearnToTrade 🤝
🚨 ALPHA CALL: Q&A SESSION LIVE NOW 🚨
I AM HERE TO ANSWER YOUR TRADING QUESTIONS. DROP THEM BELOW IMMEDIATELY.
This is your chance to learn the edge directly. We grow and trade smarter TOGETHER. Follow this account for long-term alpha flow.
• Ask anything related to trading strategy.
• I will respond to every single one.
#CryptoQandA #TradingAlpha #LearnToTrade 🤝
I AM HERE TO ANSWER YOUR TRADING QUESTIONS. DROP THEM BELOW IMMEDIATELY.
This is your chance to learn the edge directly. We grow and trade smarter TOGETHER. Follow this account for long-term alpha flow.
• Ask anything related to trading strategy.
• I will respond to every single one.
#CryptoQandA #TradingAlpha #LearnToTrade 🤝
Binance keeps adding learning tools like Learn & Earn and Simple Earn, which helps new users understand crypto without taking big risks. Education-first features are important for beginners.
$XRP $USDC
#learntotrade
$XRP $USDC
#learntotrade
🎓 Trading Lesson: How to Trade the "Wick" on $C98
Market Overview:
Many traders got trapped buying the top at $0.0300+. Why? Because they chased the green candle. Let's analyze $C98 using Smart Money Concepts to find the real entry.
The Setup Explained:
Liquidity Grab: The spike to 0.0317 was designed to hit the Stop Losses of early shorters and trigger breakout traders.
Displacement: The move was fast and backed by volume. This creates a Fair Value Gap (FVG)—an area where price moved too fast and left orders unfilled.
The Mitigation: Price is now coming back down to 0.0224 to "fill" that gap. This is not a crash; it is an Optimal Trade Entry (OTE).
How We Execute:
Zone: We identify the $0.0218 - $0.0225 region as our "Demand Zone."
Confirmation: Wait for a 15m candle to close green in this zone before entering.
Risk Management: If the price accepts back into the old range (below 0.0200), the setup is failed.
Trade Plan:
Entry: $0.0224 zone.
SL: $0.0205.
TP: $0.0280 (Targeting the equilibrium of the wick).
Final Decision: WAIT for 15m Reaction -> LONG
Confidence: Medium
#learntotrade #smc #C98 #TechnicalAnalysiss #cryptoeducations
Market Overview:
Many traders got trapped buying the top at $0.0300+. Why? Because they chased the green candle. Let's analyze $C98 using Smart Money Concepts to find the real entry.
The Setup Explained:
Liquidity Grab: The spike to 0.0317 was designed to hit the Stop Losses of early shorters and trigger breakout traders.
Displacement: The move was fast and backed by volume. This creates a Fair Value Gap (FVG)—an area where price moved too fast and left orders unfilled.
The Mitigation: Price is now coming back down to 0.0224 to "fill" that gap. This is not a crash; it is an Optimal Trade Entry (OTE).
How We Execute:
Zone: We identify the $0.0218 - $0.0225 region as our "Demand Zone."
Confirmation: Wait for a 15m candle to close green in this zone before entering.
Risk Management: If the price accepts back into the old range (below 0.0200), the setup is failed.
Trade Plan:
Entry: $0.0224 zone.
SL: $0.0205.
TP: $0.0280 (Targeting the equilibrium of the wick).
Final Decision: WAIT for 15m Reaction -> LONG
Confidence: Medium
#learntotrade #smc #C98 #TechnicalAnalysiss #cryptoeducations
MONDAY: SMALL CAPS BROKE FIRST
TUESDAY: THE DOLLAR LOST CONTROL
WEDNESDAY: THE S&P 500 CRACKED
THURSDAY: TECH FINALLY FELL
FRIDAY: GOLD AND SILVER GAVE WAY
SATURDAY: CRYPTO JOINED THE STORM
THIS WASN’T VOLATILITY — IT WAS A FULL-SCALE RESET.
HISTORY WILL STUDY THIS WEEK.
#rssafi #Write2Earn #learntotrade #rstrader
TUESDAY: THE DOLLAR LOST CONTROL
WEDNESDAY: THE S&P 500 CRACKED
THURSDAY: TECH FINALLY FELL
FRIDAY: GOLD AND SILVER GAVE WAY
SATURDAY: CRYPTO JOINED THE STORM
THIS WASN’T VOLATILITY — IT WAS A FULL-SCALE RESET.
HISTORY WILL STUDY THIS WEEK.
#rssafi #Write2Earn #learntotrade #rstrader
🛑 Stop Loss is NOT your Enemy! It’s your Insurance.
Why do 90% of traders fail? Because they don't manage their risk. 📉
Here is a simple rule to survive in Crypto: Never risk more than 1-2% of your portfolio on a single trade.
If you use a Stop Loss: ✅ You survive to trade another day. ✅ You remove emotions from the trade. ✅ You protect your capital from market crashes.
Remember: Ideally, your winning trades should cover your losing trades + profit. Focus on Risk-to-Reward Ratio (R:R).
Save your portfolio. Use a SL! 🛡️
#RiskManagement #CryptoTips #Trading101 #LearnToTrade #Binance
Why do 90% of traders fail? Because they don't manage their risk. 📉
Here is a simple rule to survive in Crypto: Never risk more than 1-2% of your portfolio on a single trade.
If you use a Stop Loss: ✅ You survive to trade another day. ✅ You remove emotions from the trade. ✅ You protect your capital from market crashes.
Remember: Ideally, your winning trades should cover your losing trades + profit. Focus on Risk-to-Reward Ratio (R:R).
Save your portfolio. Use a SL! 🛡️
#RiskManagement #CryptoTips #Trading101 #LearnToTrade #Binance
$SOL took another hit today — sitting around ~$115 after dipping near ~$113.
It lines up with BTC sliding from the ~$87–88k area down into ~$82k, so this feels more like a market-wide risk-off move than a SOL-only story.
I’m staying small and not chasing any bounce. Patience day. Just watching how SOL behaves while BTC tries to find its footing.
#LearntoTrade $SOL $BTC
It lines up with BTC sliding from the ~$87–88k area down into ~$82k, so this feels more like a market-wide risk-off move than a SOL-only story.
I’m staying small and not chasing any bounce. Patience day. Just watching how SOL behaves while BTC tries to find its footing.
#LearntoTrade $SOL $BTC
$SOL hovering around ~$127 today. Feels like it’s still following overall market mood ($BTC is green too). No trades yet — Just focusing on learning to watch key levels and avoid chasing. If it dips, I’ll start a small DCA. If it keeps pushing up, I’ll wait for a proper pullback.
Watching 127/125 today.
#LearntoTrade
{spot}(SOLUSDT)
{spot}(BTCUSDT)
Watching 127/125 today.
#LearntoTrade
{spot}(SOLUSDT)
{spot}(BTCUSDT)
If you don’t manage risk, the market will do it for you
Many beginners focus on finding the right trade. Very few focus on managing the possible loss. This is where most accounts fail. Risk management is not about predicting the market. It is about deciding how much damage a single mistake is allowed to cause.
When traders enter positions without predefined risk, the market takes control.
Price moves, emotions react, and decisions become defensive instead of deliberate. Losses grow not because the trade was wrong, but because the risk was never defined. Professional traders do not win because they are always right.
They survive because they limit how wrong they can be.
What beginners should understand
Every trade must have a maximum acceptable lossCapital protection matters more than short-term gainsSmall controlled losses preserve long-term opportunityRisk does not disappear when ignored.It accumulates.
Takeaway
You do not control the market, but you do control your exposure to it.Risk management is not a restriction.It is the foundation that allows traders to stay in the game long enough to improve.
Educational content only. Not financial advice.
#knowledge #learntotrade #Binance #RiskManagement
When traders enter positions without predefined risk, the market takes control.
Price moves, emotions react, and decisions become defensive instead of deliberate. Losses grow not because the trade was wrong, but because the risk was never defined. Professional traders do not win because they are always right.
They survive because they limit how wrong they can be.
What beginners should understand
Every trade must have a maximum acceptable lossCapital protection matters more than short-term gainsSmall controlled losses preserve long-term opportunityRisk does not disappear when ignored.It accumulates.
Takeaway
You do not control the market, but you do control your exposure to it.Risk management is not a restriction.It is the foundation that allows traders to stay in the game long enough to improve.
Educational content only. Not financial advice.
#knowledge #learntotrade #Binance #RiskManagement
$SOL hovering around ~$127 today. Feels like it’s still following overall market mood ($BTC is green too). No trades yet — Just focusing on learning to watch key levels and avoid chasing. If it dips, I’ll start a small DCA. If it keeps pushing up, I’ll wait for a proper pullback.
Watching 127/125 today.
#LearntoTrade
Watching 127/125 today.
#LearntoTrade
$SOL is back around ~$124.6 and bouncing a bit.
Still feels like it moves with overall market mood more than anything else.
If it can’t hold this bounce, I’ll just DCA small. If it pushes higher, I’ll wait for a clean pullback instead of chasing.
I’m trying to learn this part: How do I time $SOL entries without overtrading?
#LearntoTrade $SOL
{future}(SOLUSDT)
Still feels like it moves with overall market mood more than anything else.
If it can’t hold this bounce, I’ll just DCA small. If it pushes higher, I’ll wait for a clean pullback instead of chasing.
I’m trying to learn this part: How do I time $SOL entries without overtrading?
#LearntoTrade $SOL
{future}(SOLUSDT)
Don’t Learn Trading From TikTok! 🤡
90-second clips won’t make you a pro. Instead:
📚 Read market psychology books
🎧 Listen to trading psychology podcasts
📊 Analyze historical charts
Want real success? Study what successful traders do, not what influencers want you to believe.
#CryptoEducation #LearnToTrade #FinancialFreedom #CryptoTips
90-second clips won’t make you a pro. Instead:
📚 Read market psychology books
🎧 Listen to trading psychology podcasts
📊 Analyze historical charts
Want real success? Study what successful traders do, not what influencers want you to believe.
#CryptoEducation #LearnToTrade #FinancialFreedom #CryptoTips
Useful
#learntotrade
#learntotrade
Crypto Insiders
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Understanding candles - How To Grow Your Trading Accuracy - Practical Tutorial
Intraday trading is a method of investing in cryptocurrencies where the trader buys and sells cryptocurrencies on the same day without any open positions left by the end of the day. Hence, intraday traders try to either purchase a cryptocurrency at a low price and sell it higher or short-sell a cryptocurrency at a high price and buy it lower within the same day. This requires a good understanding of the market and relevant information that can help them make the right decisions. In the cryptocurrency market, the price of a cryptocurrency is determined by its demand and supply among other factors.
Tools such as candlestick chart patterns offer great help to traders. We will talk about these Candlestick Charts and offer steps to help you read them.
What are Candlestick Graphs/Charts?
Candlesticks are a visual representation of the size of price fluctuations. Traders use these charts to identify patterns and gauge the near-term direction of price in the cryptocurrency market.
Composition of a Candlestick Chart
This is how a candlestick chart pattern looks like:
As you can see, there are several horizontal bars or candles that form this chart. Each candle has three parts:
The BodyUpper ShadowLower Shadow
Also, the body is colored either Red or Green. Each candle is a representation of a time period and the data corresponds to the trades executed during that period.
A candle has four points of data:
How to Analyze Candlestick Chart for Cryptocurrencies
The body of the candle in a candlestick chart represents the opening and closing price of the trading done during the period for a particular cryptocurrency. Understanding this is crucial for candlestick trading. Traders can quickly see the price range of the cryptocurrency for the said period by looking at the chart. Moreover, the color of the body indicates whether the price is rising or falling. For instance, if a candlestick chart for a month with each candle representing a day has more consecutive red candles, then traders know that the cryptocurrency's price is falling.
Vertical lines called wicks or shadows above and below the body show the highs and lows of the traded price of the cryptocurrency. Traders can use this information to analyze the sentiment of the market towards the cryptocurrency.
Candlestick Chart Patterns
Candlestick charts are an excellent way of understanding investor sentiment and the relationship between demand and supply, bears and bulls, greed and fear, etc., in the cryptocurrency market. Traders must remember that while an individual candle provides sufficient information, patterns can be determined only by comparing one candle with its preceding and next candles. To benefit from them, it is important that traders understand patterns in candlestick charts.
Let's divide the patterns into two sections:
Bullish PatternsBearish Patterns
Analyzing these patterns can help traders make informed decisions about buying or selling cryptocurrencies.
Bullish Patterns
Hammer pattern
This is a candle with a short body and a long lower wick. It is usually located at the bottom of a downward trend. It indicates that despite selling pressures, a strong buying surge pushed the prices up. If the body is green, it indicates a stronger bull market than a red body.
Inverse Hammer pattern
This is a candle with a short body and a long upper wick. It is usually located at the bottom of a downward trend too. It indicates buying pressure followed by selling pressure. It also indicates that buyers will soon have control.
Bullish Engulfing pattern
This is a pattern of two candlesticks where the first candle is a short red one engulfed by a large green candle. It indicates a bullish market that pushes the price up despite opening lower than the previous day.
Piercing Line pattern
This is a two-candle pattern having a long red candle followed by a long green candle. Also, the closing price of the second candle must be more than half-way up the body of the first candle. This indicates strong buying pressure.
Morning Star pattern
This is a three-candle pattern that has one candle with a short body between one long red and a long green candle. There is usually no overlap between the short and the long candles. This is an indication of the reduction of the selling pressure and the onset of a bull market.
Three White Soldiers pattern
This is a three-candle pattern that has three green candles with small wicks. These candles open and close higher than the previous day. After a downtrend, this is a strong indication of an upcoming bull trend.
Bearish Patterns
Hanging Man pattern
This is a candle with a short body and a long lower wick. It is usually located at the top of an upward trend. It indicates that the selling pressures were stronger than the buying thrust. It also indicates that bears are gaining control of the market.
Shooting Star pattern
This is a candle with a short body and a long upper wick. It is usually located at the top of an upward trend too. Usually, the market opens higher than the previous day and rallies a bit before crashing like a shooting star. It indicates selling pressure taking over the market.
Bearish Engulfing pattern
In candlestick chart analysis, this is a pattern of two candlesticks where the first candle is a short green one engulfed by a large red candle. It usually occurs at the top of an upward trend. It indicates a slowdown in the market rise and an upcoming downtrend. If the red candle is lower, the downtrend is usually more significant.
Evening Star pattern
This is a three-candle pattern that has one candle with a short body between one long red and a long green candle. There is usually no overlap between the short and the long candles. This is an indication of the reversal of an upward trend. This is more significant if the third candle overcomes the gains of the first candle.
Three Black Crows pattern
This is a three-candle pattern that has three consecutive red candles with short wicks. These candles open and close lower than the previous day. After an upward trend, this is a strong indication of an upcoming bear market.
Chart patterns can be used to understand trends and sentiment of the cryptocurrency markets. There are several other patterns to explore in order to gain a deeper understanding of market movements. Use this as a starting point and continue to learn and refine your analysis skills.
Happy trades and successful investments!
#Write2Earn #Bitcoin #Binance
$BTC
$ETH
$SOL
$BNB
Tools such as candlestick chart patterns offer great help to traders. We will talk about these Candlestick Charts and offer steps to help you read them.
What are Candlestick Graphs/Charts?
Candlesticks are a visual representation of the size of price fluctuations. Traders use these charts to identify patterns and gauge the near-term direction of price in the cryptocurrency market.
Composition of a Candlestick Chart
This is how a candlestick chart pattern looks like:
As you can see, there are several horizontal bars or candles that form this chart. Each candle has three parts:
The BodyUpper ShadowLower Shadow
Also, the body is colored either Red or Green. Each candle is a representation of a time period and the data corresponds to the trades executed during that period.
A candle has four points of data:
How to Analyze Candlestick Chart for Cryptocurrencies
The body of the candle in a candlestick chart represents the opening and closing price of the trading done during the period for a particular cryptocurrency. Understanding this is crucial for candlestick trading. Traders can quickly see the price range of the cryptocurrency for the said period by looking at the chart. Moreover, the color of the body indicates whether the price is rising or falling. For instance, if a candlestick chart for a month with each candle representing a day has more consecutive red candles, then traders know that the cryptocurrency's price is falling.
Vertical lines called wicks or shadows above and below the body show the highs and lows of the traded price of the cryptocurrency. Traders can use this information to analyze the sentiment of the market towards the cryptocurrency.
Candlestick Chart Patterns
Candlestick charts are an excellent way of understanding investor sentiment and the relationship between demand and supply, bears and bulls, greed and fear, etc., in the cryptocurrency market. Traders must remember that while an individual candle provides sufficient information, patterns can be determined only by comparing one candle with its preceding and next candles. To benefit from them, it is important that traders understand patterns in candlestick charts.
Let's divide the patterns into two sections:
Bullish PatternsBearish Patterns
Analyzing these patterns can help traders make informed decisions about buying or selling cryptocurrencies.
Bullish Patterns
Hammer pattern
This is a candle with a short body and a long lower wick. It is usually located at the bottom of a downward trend. It indicates that despite selling pressures, a strong buying surge pushed the prices up. If the body is green, it indicates a stronger bull market than a red body.
Inverse Hammer pattern
This is a candle with a short body and a long upper wick. It is usually located at the bottom of a downward trend too. It indicates buying pressure followed by selling pressure. It also indicates that buyers will soon have control.
Bullish Engulfing pattern
This is a pattern of two candlesticks where the first candle is a short red one engulfed by a large green candle. It indicates a bullish market that pushes the price up despite opening lower than the previous day.
Piercing Line pattern
This is a two-candle pattern having a long red candle followed by a long green candle. Also, the closing price of the second candle must be more than half-way up the body of the first candle. This indicates strong buying pressure.
Morning Star pattern
This is a three-candle pattern that has one candle with a short body between one long red and a long green candle. There is usually no overlap between the short and the long candles. This is an indication of the reduction of the selling pressure and the onset of a bull market.
Three White Soldiers pattern
This is a three-candle pattern that has three green candles with small wicks. These candles open and close higher than the previous day. After a downtrend, this is a strong indication of an upcoming bull trend.
Bearish Patterns
Hanging Man pattern
This is a candle with a short body and a long lower wick. It is usually located at the top of an upward trend. It indicates that the selling pressures were stronger than the buying thrust. It also indicates that bears are gaining control of the market.
Shooting Star pattern
This is a candle with a short body and a long upper wick. It is usually located at the top of an upward trend too. Usually, the market opens higher than the previous day and rallies a bit before crashing like a shooting star. It indicates selling pressure taking over the market.
Bearish Engulfing pattern
In candlestick chart analysis, this is a pattern of two candlesticks where the first candle is a short green one engulfed by a large red candle. It usually occurs at the top of an upward trend. It indicates a slowdown in the market rise and an upcoming downtrend. If the red candle is lower, the downtrend is usually more significant.
Evening Star pattern
This is a three-candle pattern that has one candle with a short body between one long red and a long green candle. There is usually no overlap between the short and the long candles. This is an indication of the reversal of an upward trend. This is more significant if the third candle overcomes the gains of the first candle.
Three Black Crows pattern
This is a three-candle pattern that has three consecutive red candles with short wicks. These candles open and close lower than the previous day. After an upward trend, this is a strong indication of an upcoming bear market.
Chart patterns can be used to understand trends and sentiment of the cryptocurrency markets. There are several other patterns to explore in order to gain a deeper understanding of market movements. Use this as a starting point and continue to learn and refine your analysis skills.
Happy trades and successful investments!
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The Heatmap: Your Eye on Market Liquidity
The heatmap is a powerful tool for spotting liquidity imbalances. It shows where traders have placed their orders at different price levels, which can help predict price movements. Understanding the heatmap gives you an edge in identifying potential liquidity grabs—massive price swings that occur when large orders target specific price zones.
• Above Current Price: These lines represent short positions. When the price rises to hit these levels, shorts get liquidated, creating a cascade effect and often reversing the price.
• Below Current Price: These lines represent long positions. A drop in price aims at these positions, triggering liquidations, followed by a potential price reversal.
Examples in Action:
1. Targeting Shorts (Upward Wick): A wick moves upward to clear short positions. This triggers a liquidation cascade, with the price potentially reversing downward shortly after.
2. Up, Then Down (Shakeout): The price rises, shakes out short positions, and then drops sharply, liquidating long positions before reversing again.
3. Down to Clear Longs: A wick moves downward to clear long positions. Once liquidated, the market reverses, leaving those traders out.
4. Double Liquidity Grab: The price shoots up to liquidate shorts, then drops to clear long positions. The price may reverse after both sides are shaken out.
The heatmap helps you visualize where liquidity is sitting, allowing you to anticipate where these massive moves might happen. By tracking these levels, you can avoid getting caught in liquidations and position yourself for profitable trades.
Follow me for real-time insights, and copy my lead copy trading account for risk-managed trades. Click to here to copy my trades and 💰🚀. Cheers and happy trading!
#tradesmart #heatmap #learntotrade #copytrading
The heatmap is a powerful tool for spotting liquidity imbalances. It shows where traders have placed their orders at different price levels, which can help predict price movements. Understanding the heatmap gives you an edge in identifying potential liquidity grabs—massive price swings that occur when large orders target specific price zones.
• Above Current Price: These lines represent short positions. When the price rises to hit these levels, shorts get liquidated, creating a cascade effect and often reversing the price.
• Below Current Price: These lines represent long positions. A drop in price aims at these positions, triggering liquidations, followed by a potential price reversal.
Examples in Action:
1. Targeting Shorts (Upward Wick): A wick moves upward to clear short positions. This triggers a liquidation cascade, with the price potentially reversing downward shortly after.
2. Up, Then Down (Shakeout): The price rises, shakes out short positions, and then drops sharply, liquidating long positions before reversing again.
3. Down to Clear Longs: A wick moves downward to clear long positions. Once liquidated, the market reverses, leaving those traders out.
4. Double Liquidity Grab: The price shoots up to liquidate shorts, then drops to clear long positions. The price may reverse after both sides are shaken out.
The heatmap helps you visualize where liquidity is sitting, allowing you to anticipate where these massive moves might happen. By tracking these levels, you can avoid getting caught in liquidations and position yourself for profitable trades.
Follow me for real-time insights, and copy my lead copy trading account for risk-managed trades. Click to here to copy my trades and 💰🚀. Cheers and happy trading!
#tradesmart #heatmap #learntotrade #copytrading
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