Learn the basic concepts of technical trading:

1. Hammer (Hammer Pattern): A candlestick pattern that indicates a potential reversal in a downtrend (buy signal).

2. ENTRY (Entry Point):

The optimal timing to open a trade based on the confirmation of the "Hammer" signal.

3. STOPLOSS (Stop Loss):

A predefined level to automatically close the trade if the market moves against expectations, to protect capital.

Message: Combining technical analysis and risk management is the key to successful trading.

📊 How to benefit from the "Hammer" pattern in trading?

The "Hammer" pattern is a strong signal for trend reversal, but its success depends on applying a clear strategy:

🔨 Recognizing the pattern:

- A small body at the top, a long lower shadow (weakness of sellers and strength of buyers).

- Appears after a downtrend.

🎯 Defining the entry point (ENTRY):

- Wait for confirmation of the signal (like a bullish candle following the hammer).

- Enter upon breaking a short-term resistance.

🛑 Risk management (STOPLOSS):

- Place the "Stop Loss" below the hammer's shadow.

- Calculate the trade size so that your loss does not exceed 2% of capital.

💡 Remember:

Trading without a Stop Loss plan is like driving a car without brakes!$BTC $ETH $TRUMP #BinanceAlphaAlert #AirdropSafetyGuide #Trump100Days #AltcoinETFsPostponed #AirdropStepByStep