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CRYPTO MECHANIC
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Candle stick patterns are a very basic form of technical Analysis and i call it a scam. Anyone who starts learning technical analysis or anyone who is teaching they start from candlestick patterns. Doji is a buy Inverted hammer/shooting star is a sell it's all a scam. If trading charts was that easy why 90% of the traders lose money? Look at the chart below. imagine the amount of people may have shorted this coin noticing these hammers/shooting stars. Do not pay much attention to these patterns. Pay attention to market structure only. As long as the structure is bullish you don't have to shift your bias. One candle isn't enough to decide the trend change . Always Wait for the more data. Keep learning.
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Important zone for ETHBTC to Hold imo
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Market dumped today after Trump’s 50% tariff news on Europe. LTF V-reversals are key to watch especially after news driven moves like this. When they form well, it’s usually a sign of strength. But when they fail, that’s often the first sign of weakness and a possible deeper correction ahead. Early next week should give the answer.
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If you Missed the live, Here is the Replay 👇
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Mr president is Mad today
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