ARE YOU NEW TO TRADING?
HELLO FRIENDS. Are you new to trading?
I will summarize in several stages the experience I have accumulated in just over two years. I can already tell you that you need a notebook, pencil or pen, 1 hour of your valuable time, and motivation, a lot of motivation.
The market, every time it moves, is looking for liquidity. Based on that,...
STEP 1. In your BINANCE platform, go to the LOSERS section and in a high timeframe like 1w (weekly) or 1d (daily), look for one or several cryptos that have a long red candle (called engulfing) or three consecutive red candles. These candles indicate a very strong downward movement that left liquidity or imbalance and that the market will later return to claim (Make a database in your notebook).
If you can, use markers and mark them.
(DO NOT OPEN A TRADE YET)