Mokarama
Open Trade
Frequent Trader
6.6 Months
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How to learn trading charts?
Learning to read trading charts is essential for making informed decisions in trading — whether it’s crypto, stocks, forex, or commodities. Here’s a step-by-step guide to help you learn how to read and analyze trading charts:
📘1. Understand the Basics of a Trading Chart
AxesX-axis (horizontal): TimeY-axis (vertical): PriceTypes of Charts:Line chart: Simple view of closing prices over time.Bar chart: Shows open, high, low, close (OHLC).Candlestick chart (most used): Graphical representation of price movements (each candle shows OHLC for a set period).
🕯️2. Learn to Read Candlestick PatternsEach candlestick has:Body: Difference between open and close prices.Wicks/Shadows: High and low within the time frame.Color:Green/White = price went up.Red/Black = price went down.Common Candlestick Patterns:Doji: Indecision in the market.Hammer: Possible reversal signal after a downtrend.Engulfing: Strong reversal signal.📊 3. Understand TimeframesChoose the right timeframe depending on your strategy:1min–15min: Day trading/scalping1hr–4hr: Swing tradingDaily–Weekly: Long-term investing🧠 4. Learn Technical IndicatorsSome basic indicators:
Moving Averages (MA): Average price over time.Relative Strength Index (RSI): Measures momentum (overbought/oversold).MACD: Trend-following indicator.Volume: Confirms strength behind a move.
📐5. Practice Drawing Support/Resistance & Trends
Support: Price level where demand is strong enough to stop a fall.Resistance: Price level where selling pressure stops an increase.Trendlines: Connect higher lows in uptrends or lower highs in downtrends.🧪6. Use Charting Platforms to PracticeSome great tools:
TradingViewBinanceInvesting.com
🎓7. Take Courses or Read Books
Books:“Technical Analysis of the Financial Markets” by John Murphy“Japanese Candlestick Charting Techniques” by Steve NisonFree Resources:YouTube channels like “Trading 212”, “The Chart Guys”, or “Crypto Jack”Investopedia’s technical analysis section🛠️8. Start Paper TradingUse demo accounts (on TradingView, Binance, or other platforms) to practice without risking money.If you’d like, I can provide a chart breakdown for a specific asset (e.g., BTC/USDT) or walk you through a candlestick pattern. Would you like a visual example or practice exercise?#MyCOSTrade #BinanceAlphaAlert #article #Write2Earn #Write2Earn!
📘1. Understand the Basics of a Trading Chart
AxesX-axis (horizontal): TimeY-axis (vertical): PriceTypes of Charts:Line chart: Simple view of closing prices over time.Bar chart: Shows open, high, low, close (OHLC).Candlestick chart (most used): Graphical representation of price movements (each candle shows OHLC for a set period).
🕯️2. Learn to Read Candlestick PatternsEach candlestick has:Body: Difference between open and close prices.Wicks/Shadows: High and low within the time frame.Color:Green/White = price went up.Red/Black = price went down.Common Candlestick Patterns:Doji: Indecision in the market.Hammer: Possible reversal signal after a downtrend.Engulfing: Strong reversal signal.📊 3. Understand TimeframesChoose the right timeframe depending on your strategy:1min–15min: Day trading/scalping1hr–4hr: Swing tradingDaily–Weekly: Long-term investing🧠 4. Learn Technical IndicatorsSome basic indicators:
Moving Averages (MA): Average price over time.Relative Strength Index (RSI): Measures momentum (overbought/oversold).MACD: Trend-following indicator.Volume: Confirms strength behind a move.
📐5. Practice Drawing Support/Resistance & Trends
Support: Price level where demand is strong enough to stop a fall.Resistance: Price level where selling pressure stops an increase.Trendlines: Connect higher lows in uptrends or lower highs in downtrends.🧪6. Use Charting Platforms to PracticeSome great tools:
TradingViewBinanceInvesting.com
🎓7. Take Courses or Read Books
Books:“Technical Analysis of the Financial Markets” by John Murphy“Japanese Candlestick Charting Techniques” by Steve NisonFree Resources:YouTube channels like “Trading 212”, “The Chart Guys”, or “Crypto Jack”Investopedia’s technical analysis section🛠️8. Start Paper TradingUse demo accounts (on TradingView, Binance, or other platforms) to practice without risking money.If you’d like, I can provide a chart breakdown for a specific asset (e.g., BTC/USDT) or walk you through a candlestick pattern. Would you like a visual example or practice exercise?#MyCOSTrade #BinanceAlphaAlert #article #Write2Earn #Write2Earn!
$DOGE dogecoin in next month 🚀
Buy 0.19201
Tp1: 0.35
Tp2: 0.39
Tp3: 0.41
Sl: 0.1291
#MyCOSTrade #CEXvsDEX101 #TradingTypes101 #EDGENLiveOnAlpha #solana
Buy 0.19201
Tp1: 0.35
Tp2: 0.39
Tp3: 0.41
Sl: 0.1291
#MyCOSTrade #CEXvsDEX101 #TradingTypes101 #EDGENLiveOnAlpha #solana
🚨 BREAKING: Key Signal from the Fed Just Announced! $BTC
The U.S. 🇺🇸Federal Reserve has officially stated that interest rate cuts are still being considered for later this year — a significant development that could shape market direction.
💬 Why this is important:
Lower rates mean borrowing becomes cheaper, which often fuels growth in sectors like cryptocurrency and tech.
📊This is a strong bullish indicator. Markets are already starting to adjust in anticipation, and informed investors are taking early positions to capitalize before momentum builds .
💁🏻Don’t wait for mainstream media to catch up — now is the time to plan smartly.
🚀 2025 could be a breakout year for high-growth assets. Will you be part of the move — or left watching from the sidelines?
Stay alert. Stay informed. Move with the smart money. #BullRunAhead $BTC
Bitcoin (BTC): $104,344.18 (▼ 0.78%)
#CEXvsDEX101 #MyCOSTrade #TradingTypes101 #TrumpMediaBitcoinTreasury
The U.S. 🇺🇸Federal Reserve has officially stated that interest rate cuts are still being considered for later this year — a significant development that could shape market direction.
💬 Why this is important:
Lower rates mean borrowing becomes cheaper, which often fuels growth in sectors like cryptocurrency and tech.
📊This is a strong bullish indicator. Markets are already starting to adjust in anticipation, and informed investors are taking early positions to capitalize before momentum builds .
💁🏻Don’t wait for mainstream media to catch up — now is the time to plan smartly.
🚀 2025 could be a breakout year for high-growth assets. Will you be part of the move — or left watching from the sidelines?
Stay alert. Stay informed. Move with the smart money. #BullRunAhead $BTC
Bitcoin (BTC): $104,344.18 (▼ 0.78%)
#CEXvsDEX101 #MyCOSTrade #TradingTypes101 #TrumpMediaBitcoinTreasury
🚨 $SOL/USDT Bullrun Alert – Long Setup 🚨
Price: $157.71 (-1.81%)
🔹Entry Zone: 156$ - 158$(EMA7 Support & Pullback Opportunity)
🎯Targets:
TP1:$162.78 (Daily High + Breakout Confirmation)TP2:$168.41(EMA99 Retest)TP3:$176.77 ( Next Swing High )
🔻Stop Loss: 152$ (Below 24h low)
📊Quick Take:
SOL is holding EMA(7) with bounce potential. Break above $160 = possible uptrend continuation. Watch volume on breakout.
✅Tips:
Take partials at TP1Move SL to breakevenTrade invalid below $152
💬Live: $$SOL Perp - $154.91 (+0.48%)
🔹Entry Zone: 156$ - 158$(EMA7 Support & Pullback Opportunity)
🎯Targets:
TP1:$162.78 (Daily High + Breakout Confirmation)TP2:$168.41(EMA99 Retest)TP3:$176.77 ( Next Swing High )
🔻Stop Loss: 152$ (Below 24h low)
📊Quick Take:
SOL is holding EMA(7) with bounce potential. Break above $160 = possible uptrend continuation. Watch volume on breakout.
✅Tips:
Take partials at TP1Move SL to breakevenTrade invalid below $152
💬Live: $$SOL Perp - $154.91 (+0.48%)
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