Want to start trading but only have $10? Good news — with the right candlestick strategy, you can start small and aim big. Here's a step-by-step beginner's guide to turning $10 into $100 in just 7 days, using candlestick patterns on Binance.
🚀 What Are Candlesticks?
Candlestick charts are the heartbeat of technical analysis. Each candle shows price action for a selected time period (1 min, 5 min, 1 hour, etc.) and contains:
Open price
Close price
High price
Low price
The color tells you direction:
🟩 Green = Price went up (bullish)
🟥 Red = Price went down (bearish)
📚 Step 1: Learn Key Candlestick Patterns
Before you start trading, master these 3 powerful beginner patterns:
1. Bullish Engulfing
A small red candle followed by a big green candle that fully “engulfs” it.
Signal: Price may go up soon.
✅ 2. Bearish Engulfing
Indicates strong selling; enter SHORT (Sell)
Tip: Confirm with high volume