If you’re tired of staring at messy charts and still missing good entries, here’s the truth: price action is the cleanest, most effective way to read the crypto market. No lag. No confusion. Just raw market psychology, shown in candlesticks.

What Is Price Action (and Why It Works)?

Price action is just a fancy way of saying: watch how price moves — not what a bunch of indicators say.

Why is it powerful? Because it shows what buyers and sellers are actually doing, not what they should be doing based on some formula.

Read the Story: Candles Are Conversations

Top candlestick patterns you should know as a beginner:

1. Bullish Engulfing

  • What it looks like: A small red candle followed by a big green candle that completely “engulfs” it.

  • What it means: Buyers just overpowered sellers. Momentum is shifting up.

  • Use it at: Support levels or after a downtrend for potential reversals.

2. Bearish Engulfing

  • Opposite of bullish engulfing.

  • Big red candle eats a small green one.

  • Shows strong selling pressure at resistance or after a pump.

3. Hammer (Bullish)

  • Looks like: Small body, long lower wick (tail).

  • Shows price was pushed down but buyers bought it right back up.

  • Use at the bottom of a downtrend or near support.

4. Shooting Star (Bearish)

  • Looks like: Small body, long upper wick.

  • Price tried to go up, but sellers smashed it down.

  • Strong bearish signal, especially at resistance.


5. Doji

  • Tiny body, wicks on both sides.

  • Means indecision — market doesn’t know what to do.

  • When seen at key levels, it can signal a reversal if confirmed by the next candle.


Pro Tip: Patterns Are Stronger With Context

A bullish engulfing at support is powerful.

Always combine candlestick patterns with trend direction + key zones (support/resistance).

Watch the candles. Learn the rhythm. The market always leaves clues — you just need to know how to read them.

$BTC $ETH $SOL

#Strategy #trading #priceaction #candlestick_patterns #chartpattern