"I entered crypto thinking I would become a millionaire… turned out I was just clueless about candlesticks!"
On my first day in crypto, I said:
"I’m just here to make a quick buck and leave, I don’t care about analysis!"
Second day…
I saw a red candle that was long like my mom’s tongue when she’s angry!
I said: What is this?!
People were saying: "Doji candle"#
After that, I decided to learn technical analysis, and these are the 3 most important things I understood:
1. Support and Resistance:
Support is like a bed… the price rests on it.
Resistance? Like your wife when she tells you not to buy meme coins… she keeps you in check!
2. RSI – when it goes above 70, the market is saturated… don’t get greedy.
Below 30? The market is hungry… but don’t feed it too quickly, it might get poisoned!
3. The Trend?
Go with it, don’t fight it, the trend is hard to break… like the habit of staying up late.
With many tears between the candles 🤑
Lessons?
– Don’t enter randomly
– Learn before you put your money in
– And the candles? They’ve become my friends now!
