#CryptoCharts101 Understanding candlestick patterns was a turning point in my trading approach. One of the most important patterns I always monitor is the "Engulfing" pattern, as it often indicates a trend reversal, especially on higher time frames. I also use "Triangles" to identify breakout moments, particularly the ascending triangle which often indicates a bullish breakout.

Additionally, the head and shoulders pattern gives me strong signals for trend reversal, provided it is supported by clear trading volume. I don't rely solely on the pattern; I integrate it with support and resistance areas and indicators like RSI for confirmation.

Technical analysis is not an accurate prediction, but a tool to understand market behavior and make rational decisions. Continuous learning and experience are the keys to mastering chart reading. Don't seek perfection, but rather discipline and clarity in your market vision.

#CryptoCharts101 #Binance