#TradingTools101

#CryptoCharts101: Mastering Candlestick Patterns for Better Trades

Candlestick charts are a trader’s best friend! They reveal price action and market sentiment in real time. I focus on patterns like Doji, Hammer, and Engulfing to spot reversals or continuations. For example, a Bullish Engulfing at a support level often signals a strong entry point, while a Shooting Star near resistance warns of a potential exit. Reading charts has improved my timing, helping me enter trades with confidence and avoid false breakouts. What’s your favorite candlestick pattern, and how has it shaped your trading strategy?