#CryptoCharts101 #CryptoCharts101 Hello Binance community! 👋
Today I want to share one of the most powerful (and underrated) tools for every trader: candlestick and chart patterns. Understanding them helped me not only to read prices but to understand the collective behavior of the market. In each candle, there is a story of fear, greed, indecision, or conviction.
🔍 What patterns do I use to identify movements?
✅ When looking for trends, I pay attention to patterns like the Three White Soldiers or the Three Black Crows, which indicate directional strength.
✅ For reversals, I watch candles like the Hammer or the Shooting Star, as well as double bottom or inverted head and shoulders patterns.
✅ To anticipate breakouts, ascending/descending triangles and consolidation channels are key. If there is also high volume breaking resistances or supports, I act.
🛠️ Tips I apply:
I always confirm with indicators like RSI or MACD.
I use volume as validation: without volume, there is no confidence.
I draw support/resistance zones before making decisions.
I never trade a pattern without temporal context: what is valid on 15m can be irrelevant on daily.
📚 Learning to read candles is not magic. It is practice, observation, and discipline.