⛔⛔How to minimize losses in the world of crypto.
Those who are new to the world of crypto should trade with the help of a chat partner to minimize their losses. Until my time, you people should trade with their help.
Number 1: Pattern formation
Pattern formation trading involves identifying and analyzing chart patterns to predict potential future price movements, using historical price action to inform trading decisions and manage risk.
Here's a breakdown of common chart patterns and their implications.
Number 2: Market structure
Market structure is the behavior, condition, and current flow of the market. It highlights support and resistance levels, swing highs, and swing lows. A trend is simply a consistent direction of price movement over time. Market structure can tell you if the market is trending or not.
Number 3: Very aggressive reversal
A "very aggressive reversal pattern" is a chart formation that signals a fast and strong price direction change. These patterns suggest the price is about to reverse sharply, either from bullish to bearish or vice versa, often with high volatility.