SMAcrossover

How to Use Candlestick Charts and a Simple Strategy on Binance

Candlestick charts show price movements using green (up) and red (down) candles, each representing open, close, high, and low prices for a time period.

On Binance, use the candlestick chart widget to:

Pick your trading pair (like BTC/USDT)

Choose a timeframe (1h, 4h, daily)

Spot candle patterns and add indicators like Moving Averages (MA)

Simple Strategy: SMA Crossover

Use 10-period and 50-period SMAs

Buy when the 10-SMA crosses above the 50-SMA (“golden cross”)

Sell when it crosses below (“death cross”)

This helps identify trends for smarter trades. Always manage risk and start small.

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