Veteran and Beginner Teaching Top Post, Continuously Updated!!!
This article will continuously include some tutorials that are helpful for beginners, as well as the initial technical analysis indicators, making it convenient for everyone to directly watch articles or videos.
The teaching is divided into 10 articles, suitable for beginners to watch patiently.
The most comprehensive Binance exchange registration tutorial on the internet 币安交易所注册教程 This guide provides a detailed process for registering on the Binance exchange, including key steps like account creation, identity verification (KYC), and security settings, helping you to quickly and safely start your trading journey.
This morning, Trump's son shouted out for BTC and ETH, and many people asked me if it really dropped
To be honest, I don't think it has reached the bottom. I believe the pullback will go to around 4200
However, for those who are afraid of missing out, buying at 4400 is also fine; it's just a little over 200 points away. Keep in mind that ETH will break 4800 next time
I suggest starting to go long at 4400 for both spot and contracts, and buy every 200 point drop. Don't go all in
This way, the risk of liquidation is low, and you can lower the average price
Key Points Using exit strategies such as stop loss, take profit, and trailing orders can help traders manage risks and lock in profits more easily, avoiding emotional trading.
For traders who wish to remain rational and achieve long-term success, reasonable risk management and exit strategies are crucial, especially in the highly volatile cryptocurrency market. This article will introduce five commonly used exit strategies for traders and explore how to flexibly combine these strategies. Introduction For traders, mastering the timing of exits is just as crucial as the timing of entries. Adopting well-thought-out exit strategies can not only help you lock in profits and reduce losses but also effectively avoid emotional decisions, especially during market volatility.
Understand Popular Candlestick Patterns in One Article, What Does Each Pattern Represent?
What is a Candlestick Chart? The candlestick chart is a graphical tool used to display asset price movements. It originated in Japan in the 18th century and has been used for centuries to identify price trend patterns, providing references for assessing future asset movements. Today, cryptocurrency traders use candlestick charts to analyze historical price data and predict future price movements. Multiple candlesticks often form specific patterns, displaying potential signals of price increases, decreases, or stagnation. Let's take a look at how these patterns reveal market sentiment to help you seize trading opportunities.
What is Fibonacci? How to view retracement amplitudes?
What is Fibonacci retracement? Fibonacci retracement is a tool used by technical analysts and traders to predict areas of interest on charts. They do this by using Fibonacci ratios as percentages. The Fibonacci retracement tool originates from a string of numbers discovered by the 13th-century mathematician Leonardo Fibonacci. This sequence, also known as the Fibonacci sequence, creates ratios from specific mathematical relationships between the numbers, which are then plotted on the charts. These ratios are: 0% 23.6% 38.2%
The Most Comprehensive Guide to Binance Futures Trading!!!!!!!
Key Points Before trading Binance futures, you should fully understand how the platform works and all its features.
In this guide, we will explore the main issues encountered when trading Binance perpetual contracts and provide a setup guide. Always remember that trading contracts carries risks. Before trading contracts, make sure you are well-prepared and understand how contracts work. For those interested in contract trading, there is a lot to learn. Before starting, you need to study trading techniques and deep trading concepts carefully. At first glance, the Binance futures UI can seem very complex and difficult to grasp, but with the following guide, you will quickly become familiar with its main features and modules.
What is a trend line? How to use trend lines to analyze the market?
What is a trend line? In the financial market, a trend line refers to a diagonal line drawn on the chart. The trend line connects specific data points, allowing chart experts and traders to easily understand price movements and grasp market trends. Trend lines are considered one of the foundational tools in the field of technical analysis (TA) and are widely used in the stock, fiat currency, derivatives, and cryptocurrency markets. Essentially, the principle of trend lines is similar to support and resistance levels, but trend lines are composed of diagonal lines rather than horizontal lines. Therefore, trend lines have positive and negative slopes. Generally, the steeper the slope, the more pronounced the trend.
The Moving Average Convergence Divergence (MACD) is an oscillating-type indicator that is widely used by traders in technical analysis (TA). The MACD is a trend-following tool that uses moving averages to determine the trend of stocks, cryptocurrencies, or other tradable assets. Developed by Gerald Appel in the late 1970s, the Moving Average Convergence Divergence (MACD) indicator records past price movements and thus belongs to the lagging category of indicators (providing trade signals based on past price behavior or data). The MACD can be used to gauge market trends and potential price trends and is used by many traders to identify potential buying and selling opportunities.
How to Use the RSI Indicator to Determine Market Heat?
Relative Strength Index Technical analysis (TA) is essentially a practice of examining past market events to attempt to predict future trends and price behaviors. From traditional markets to cryptocurrency markets, most traders rely on specialized tools to perform technical analysis, with the RSI being one of them. The Relative Strength Index (RSI) is a technical analysis (TA) indicator that emerged in the late 1970s, allowing traders to assess a stock's performance over a specific period. Essentially, it is a momentum oscillator used to measure the magnitude and speed (rate) of price changes. The RSI can be a very useful tool, depending on the trader's individual circumstances and trading style.
How to use the Short-term Indicator Bollinger Bands?
What is the Bollinger Bands indicator? The Bollinger Bands indicator (BB) was created by financial analyst and trader John Bollinger in the early 1980s. The Bollinger Bands indicator is widely used as a (financial analysis) tool in the field of technical analysis (TA), essentially serving as an oscillator that indicates high and low volatility in the market, as well as overbought or oversold conditions. The main principle of the Bollinger Bands indicator is to emphasize how prices fluctuate around an average value. More specifically, the indicator consists of the upper band, lower band, and the middle moving average (also known as the middle line). The two horizontal bands react to market price behavior, expanding (moving away from the middle line) when volatility is high and contracting (moving towards the middle line) when volatility is low.
How to read candlestick charts? What do the various parts of candlesticks mean?
Wondering when to buy which cryptocurrency? While researching cryptocurrency assets, you may encounter a special type of price chart called a 'candlestick chart.' Therefore, it is best to take some time to understand how it works. Similar to more common line charts and bar charts, candlesticks display time on the horizontal axis and price data on the vertical axis. However, unlike simpler charts, candlesticks provide more information. At a glance, you can see the highest and lowest prices the asset reached within a given time range, as well as its opening and closing prices.
How to buy tokens on exchanges, wallets, and on-chain?
Where to buy tokens? What is a wallet? Where to buy NFTs? How to buy new tokens that are not available on exchanges? 1. Where to buy tokens? The first thing beginners should do when entering the cryptocurrency world is to register with an exchange, but beginners are often led to smaller exchanges and end up facing scams, exit scams, etc., losing all their money! Therefore, it is essential to prioritize using top-tier exchanges in the world. The discount registration link below can register you with a top-ranked exchange in the world. If you do not register through the link, your account will permanently lose the discount eligibility and cannot be added later. Binance: https://accounts.marketwebb.systems/register?ref=BQLSJ (Invitation code BQLSJ)
Binance: The largest exchange in the crypto world, the safest exchange, prioritize holding large funds in Binance Registration Highlights It is recommended to use a VPN to locate to places without restrictions during registration (China, the United States, Japan, Singapore, etc. may not work due to regulations; I usually set my location to Taiwan or other crypto-friendly places). You can continue to use your ID card for verification, and you can freely choose your residence. Click on the Binance discount registration link, holding BNB can save up to 45% (Invitation code: BQLSJ), trading fees will be automatically reduced, and it will be displayed during registration. [Note: If you don't fill in the invitation code BQLSJ or use a non-discount link, you won't enjoy the discount and will incur losses!]