Mastering Candlestick Patterns: A Key to Unlocking $1000 a Month in Trading_
Candlestick patterns are a powerful tool in technical analysis, offering insights into market sentiment and potential price movements. By recognizing and interpreting these patterns, traders can make informed decisions and increase their chances of success. In this article, we'll explore 20 essential candlestick patterns, providing a comprehensive guide to help you enhance your trading strategy and potentially earn $1000 a month. Understanding Candlestick Patterns Before diving into the patterns
$DOGS Makes Historic Splash with $2.72M Liquidation!
In a jaw dropping move, newcomer $DOGS has shaken the crypto market with a staggering $2.72 million in liquidations over just 24 hours! This translates to over 2.4 BILLION DOGS tokens. Despite being a fresh face, $DOGS has generated massive buzz, outpacing established assets like XRP and Dogecoin in recent liquidation events. With $1.7 million liquidated from long traders and $897,000 from shorts, $DOGS is proving it's a force to be reckoned with. Last week, $DOGS soared to an all-time high (ATH
I'm full of rise. If retail stops shorting, we may see a correction. It seems like the market is going up just because of the anchovy shorts :)
Of course, since we've come this far, wouldn't it be bad if it bought 99-100k? Maybe it can, I'm not saying the rise is over, but it would be nice if we at least proceed with healthy corrections.
There are short orders for 93,500-93800 binance futures if this wall is broken and a close comes above, the rise can continue.
There is short liquidation at 94480, the price that buys it may experience correction again. In addition, we see plenty of long liquidation on the downside. So these longs look like a complete explosion. If a sharp needle comes suddenly with news, I like around 88.5, 87.5 is a good area as well.
We had an increase with a close above 92600. I left the open gap gaps on the chart. long positions can be built by looking for a return in those areas.
Although the resistance zones I indicated in red above seem to be selling, there are no large orders. In other words, we can trade the possibility of the price rising for a while and then forming a range structure between the green and red range.
We should see a news flow for a big drop or a strong rise. We are in a profitable period. I hope we can evaluate it.