ChartStudy

Breakout, Pullback & Candle Basics #ChartStudy

Candle Whisper: How to read the 3 most powerful signals

1. Long wick = rejection or trap

2. Engulfing = trend reversal hint

Doji near support = indecision before bounce
Master these = master entry timing.

Breakout or Fakeout? Use volume as your signal!
Breakouts without volume are traps. Wait for strong volume + retest of breakout zone = confirmed move. Protect your capital, trade smart.

Pullback = not panic, but opportunity
When price dips 10–20% after a pump, it’s a healthy pullback. Watch the previous breakout area—if it holds = re-entry zone.
Buy the pullback, not the hype!

Simple trick to catch early breakouts
Use 1hr or 4hr chart. Mark resistance + wait for candle to close above with strong body. That’s your signal. Add volume = 🔥

Wick Psychology: Who’s in control?
Long upper wick = sellers pushed price down
Long lower wick = buyers fought back
Use this info with support/resistance to time entries!
#SolanaSuge #LearnCrypto #LearningTogether #Write2Earrn

Price Action Speaks Louder Than Indicators

While indicators like RSI and MACD are helpful, pure price action often tells the clearest story.

Key things to watch:

Support & Resistance zones

Trend$lines — don’t force them, let them form naturally

Candle patterns like pin bars, engulfing, and doji

Volume confirmation on breakouts or breakdowns

Master the basics, and the charts will start talking to you.

#TechnicalAnalysis #Price #CryptoTrends2024
#ChartStudy
$BTC