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#welcometocryptoworld šŸ’²šŸ’µ I'm gonna tell you How to read ā€œone-candle signalsā€ $BTC Traders operating in really short time frames sometimes focus on just one candle. Familiarizing yourself with these ā€œone-candle signalsā€ can be a helpful exercise as a beginner. In the image below, you’ll find four common one-candle signals: ļæ¼ AĀ long upper shadowĀ could be an indicator of a bearish trend, meaning thatĀ  investors are looking to sell and take profit. The longer the upper shadow, the stronger an indicator. AĀ long lower shadowĀ could be a bullish signal, indicating that investors are looking to buy, thus driving prices up. The longer the lower shadow, the more reliable the signal. AĀ Doji candleĀ has no body, because the open and close prices are the same. These can typically be interpreted to mean there is indecision in the market, and are a possible indicator for an upcoming price reversal. (Why ā€œdojiā€? Candlestick charts were first used by Japanese rice traders in the 18th century. ā€œDojiā€ means error — presumably because it would be uncommon for prices to open and close in the exact same place. ) UmbrellasĀ have a distinctively long bottom wick. A red umbrella is also known as aĀ hammer. When you see a hammer it often means that the asset is receiving some serious buy action — and the price might soon be on its way up. Green umbrellas, on the other hand, have an ominous nickname:Ā hanging men. They’re often a signal that sellers are ready to cash out — reversing the up cycle. It’s important to note that one-candle signals can be an important clue, but an accurate reading of the market requires understanding the broader context. And spotting trends and patterns in candlestick charts isn’t easy. If you’re not sure what investment strategy is right for you, check with a professional advisor.$ETH #bignnerguide
#welcometocryptoworld šŸ’²šŸ’µ
I'm gonna tell you How to read ā€œone-candle signalsā€ $BTC
Traders operating in really short time frames sometimes focus on just one candle. Familiarizing yourself with these ā€œone-candle signalsā€ can be a helpful exercise as a beginner. In the image below, you’ll find four common one-candle signals:
ļæ¼
AĀ long upper shadowĀ could be an indicator of a bearish trend, meaning thatĀ  investors are looking to sell and take profit. The longer the upper shadow, the stronger an indicator.
AĀ long lower shadowĀ could be a bullish signal, indicating that investors are looking to buy, thus driving prices up. The longer the lower shadow, the more reliable the signal.
AĀ Doji candleĀ has no body, because the open and close prices are the same. These can typically be interpreted to mean there is indecision in the market, and are a possible indicator for an upcoming price reversal. (Why ā€œdojiā€? Candlestick charts were first used by Japanese rice traders in the 18th century. ā€œDojiā€ means error — presumably because it would be uncommon for prices to open and close in the exact same place. )
UmbrellasĀ have a distinctively long bottom wick. A red umbrella is also known as aĀ hammer. When you see a hammer it often means that the asset is receiving some serious buy action — and the price might soon be on its way up. Green umbrellas, on the other hand, have an ominous nickname:Ā hanging men. They’re often a signal that sellers are ready to cash out — reversing the up cycle.
It’s important to note that one-candle signals can be an important clue, but an accurate reading of the market requires understanding the broader context. And spotting trends and patterns in candlestick charts isn’t easy. If you’re not sure what investment strategy is right for you, check with a professional advisor.$ETH
#bignnerguide
šŸ“¢ Crypto is Getting Interesting Again! 😳 Hey everyone, I’m new to crypto but saw some cool things happening: šŸ‘‰ America is starting to ease up on crypto rules. They closed a special team that was chasing crypto stuff. Feels like governments are slowly accepting it more now. šŸ‘‰ A school in the UK now lets you pay fees with Bitcoin! Imagine paying for your studies with digital money — didn’t think we’d see this so soon. šŸ‘‰ More shops and apps are starting to accept crypto too. Little by little, it’s being used like real money for daily stuff, not just for trading. I’m still learning, but it feels like crypto might become a normal thing in the future. What do you think? šŸ¤” #CryptoNews #welcometocryptoworld {spot}(BTCUSDT) {spot}(BNBUSDT)
šŸ“¢ Crypto is Getting Interesting Again! 😳

Hey everyone, I’m new to crypto but saw some cool things happening:

šŸ‘‰ America is starting to ease up on crypto rules.
They closed a special team that was chasing crypto stuff. Feels like governments are slowly accepting it more now.

šŸ‘‰ A school in the UK now lets you pay fees with Bitcoin!
Imagine paying for your studies with digital money — didn’t think we’d see this so soon.

šŸ‘‰ More shops and apps are starting to accept crypto too.
Little by little, it’s being used like real money for daily stuff, not just for trading.

I’m still learning, but it feels like crypto might become a normal thing in the future. What do you think? šŸ¤”

#CryptoNews #welcometocryptoworld
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