To earn $100 daily on binance :If you have focus on this now !
The crypto market is full of opportunities, but success depends on catching the right patterns at the right time. Today, let's focus on two powerful candlestick formations—Inverted Hammer & Hanging Man—that can help you build a consistent profit strategy on Binance.
The Inverted Hammer – Ride the Bulls
A bullish reversal pattern that appears after a downtrend. It signals that buyers are stepping in and pushing the price higher.
How to Trade It on Binance:
Entry: Place a buy order just above the high of the Inverted Hammer.
Stop Loss: Below the low of the pattern (to minimize risk).
Target Profit: Aim for 2-3x your risk (Risk-Reward Ratio of 1:2 or 1:3).
Bonus Confirmation:
Look for a break of structure or trendline resistance for added confidence.
Increased volume on the breakout strengthens the bullish signal.
Example: If BTC forms an Inverted Hammer near key support, enter above the high and ride it toward resistance levels.
The Hanging Man – Beware the Bears
A bearish reversal pattern that appears after an uptrend. It warns that buyers are losing strength, and sellers may soon take control.
How to Short It on Binance:
Entry: Sell below the low of the Hanging Man.
#BinanceAlphaAlert #Binance250Million #MemesNotSecurity #USCryptoReserve #Write2Earn
