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#TrumpTariffs Trump announces tariffs of up to 60% on imports from BRICS countries and trade rivals, with a decision deadline by July 9. Markets react with uncertainty: stocks slow down, while Bitcoin holds above $108K, favored as an alternative hedge.
A weaker dollar and inflation fears push some liquidity towards crypto. Analysts remain cautious: an aggressive tariff shift could generate greater volatility in the short term, but strengthen BTC in the medium term.
A weaker dollar and inflation fears push some liquidity towards crypto. Analysts remain cautious: an aggressive tariff shift could generate greater volatility in the short term, but strengthen BTC in the medium term.
S
JTO/USDC
Price
1.95822292
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Watch my returns and the allocation of my portfolio. Follow for investment tips 🚀🚀🚀
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$BTC
$BTC $BNB
#mytradingoperations is a hashtag used by traders and financial professionals to share insights, strategies, and discussions related to the practical aspects of their trading activities. It often includes topics such as trade execution, risk management, technological infrastructure, and the day-to-day processes involved in operating a trading desk or an individual trading account. The goal is to promote a community where members can learn from each other’s experiences and optimize their trading workflows.
$BTC $BNB
#mytradingoperations is a hashtag used by traders and financial professionals to share insights, strategies, and discussions related to the practical aspects of their trading activities. It often includes topics such as trade execution, risk management, technological infrastructure, and the day-to-day processes involved in operating a trading desk or an individual trading account. The goal is to promote a community where members can learn from each other’s experiences and optimize their trading workflows.
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#USNationalDebt
#USNationalDebt
The national debt of the United States has reached a historic high of 37 trillion dollars, with 25% of tax revenues now allocated to interest payments. This raises concerns about inflation, long-term fiscal stability, and the future of the US dollar.
So Trump thought it wise to don the Dictator's attire and wield the weapon of Tariffs to recover 😞
#USNationalDebt
The national debt of the United States has reached a historic high of 37 trillion dollars, with 25% of tax revenues now allocated to interest payments. This raises concerns about inflation, long-term fiscal stability, and the future of the US dollar.
So Trump thought it wise to don the Dictator's attire and wield the weapon of Tariffs to recover 😞
Word Of The Day
[https://www.binance.com/activity/word-of-the-day/G1139112849305567232?ref=CPA_003SKPE7O4](https://www.binance.com/activity/word-of-the-day/G1139112849305567232?ref=CPA_003SKPE7O4)
[https://www.binance.com/activity/word-of-the-day/G1139112849305567232?ref=CPA_003SKPE7O4](https://www.binance.com/activity/word-of-the-day/G1139112849305567232?ref=CPA_003SKPE7O4)
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#MetaplanetBTCPurchase
Metaplanet has acquired over 10,000 BTC, becoming one of the companies with the most Bitcoin in the world. The last purchase of 1,112 BTC was financed with interest-free bonds worth $117 million.
Declared objective: to reach 210,000 BTC by 2027, attracting Asian and global investors.
The stock price has risen by over +8,000% in 2 years, transforming the former hotel company into a true proxy on Bitcoin.
Metaplanet has acquired over 10,000 BTC, becoming one of the companies with the most Bitcoin in the world. The last purchase of 1,112 BTC was financed with interest-free bonds worth $117 million.
Declared objective: to reach 210,000 BTC by 2027, attracting Asian and global investors.
The stock price has risen by over +8,000% in 2 years, transforming the former hotel company into a true proxy on Bitcoin.
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#TrumpBTCTreasury
The Strategic Reserve of Bitcoin of President Donald J. Trump, established through an executive order in March 2025, marks a bold shift in U.S. financial policy. By capitalizing the reserve with seized Bitcoin and prohibiting its sale, Trump aims to position America as a global leader in digital assets, treating Bitcoin as "digital gold." Alongside this, a U.S. Digital Asset Warehouse holds other confiscated cryptocurrencies. Critics highlight potential conflicts of interest, given the Trump family's crypto activities, and question Bitcoin's volatility. Supporters argue it strengthens economic resilience and innovation. This move, backed by Senator Lummis's BITCOIN Act, signals a transformative embrace of cryptocurrency for national prosperity.
The Strategic Reserve of Bitcoin of President Donald J. Trump, established through an executive order in March 2025, marks a bold shift in U.S. financial policy. By capitalizing the reserve with seized Bitcoin and prohibiting its sale, Trump aims to position America as a global leader in digital assets, treating Bitcoin as "digital gold." Alongside this, a U.S. Digital Asset Warehouse holds other confiscated cryptocurrencies. Critics highlight potential conflicts of interest, given the Trump family's crypto activities, and question Bitcoin's volatility. Supporters argue it strengthens economic resilience and innovation. This move, backed by Senator Lummis's BITCOIN Act, signals a transformative embrace of cryptocurrency for national prosperity.
$HUMA Analisys
🔁 1. Identify the Trend
• The current price is hovering between $0.046–0.048, after reaching an All-Time High of ≈ $0.118 on May 26.
• Since that peak, the price corrected down to around $0.035–0.036 at the end of May, then bounced back to current levels.
• In summary: this is a short-term bearish trend (post-ATH correction), with signs of potential stabilization.
• To confirm market sentiment: check the 50 and 200 EMAs on TradingView — if the 50 EMA has crossed below the 200 EMA, the trend is bearish.
⸻
📊 2. Volume = Validation
• The latest daily volume is between $90M and $110M.
• If the price holds around $0.046 with strong volume, it indicates genuine market interest.
• However, price increases on low volume could signal a fake breakout. Always keep the Volume indicator active on TradingView.
⸻
🛑 3. Support and Resistance
• Key Support Levels:
• Zone around $0.035–0.036 (All-Time Low).
• Current support near $0.046.
• Resistance Targets:
• First resistance near $0.050 (recent 24h high around 0.049–0.050).
• Higher resistance at $0.08–0.11, which aligns with the psychological level of the initial listing price.
⸻
✅ Practical Tips
• Long strategy: consider an entry near $0.046–0.047, with a stop-loss below $0.045 and a first target around $0.050.
• Timeframes: analyze the daily chart to understand trend direction and use the 4h or 1h chart to fine-tune your entry point.
• On-chain confirmation: check CoinGecko for an increase in active wallets or DEX volume.
• Risk: HUMA is highly volatile; follow the principle of volume + trend + support/resistance to reduce exposure.
🔁 1. Identify the Trend
• The current price is hovering between $0.046–0.048, after reaching an All-Time High of ≈ $0.118 on May 26.
• Since that peak, the price corrected down to around $0.035–0.036 at the end of May, then bounced back to current levels.
• In summary: this is a short-term bearish trend (post-ATH correction), with signs of potential stabilization.
• To confirm market sentiment: check the 50 and 200 EMAs on TradingView — if the 50 EMA has crossed below the 200 EMA, the trend is bearish.
⸻
📊 2. Volume = Validation
• The latest daily volume is between $90M and $110M.
• If the price holds around $0.046 with strong volume, it indicates genuine market interest.
• However, price increases on low volume could signal a fake breakout. Always keep the Volume indicator active on TradingView.
⸻
🛑 3. Support and Resistance
• Key Support Levels:
• Zone around $0.035–0.036 (All-Time Low).
• Current support near $0.046.
• Resistance Targets:
• First resistance near $0.050 (recent 24h high around 0.049–0.050).
• Higher resistance at $0.08–0.11, which aligns with the psychological level of the initial listing price.
⸻
✅ Practical Tips
• Long strategy: consider an entry near $0.046–0.047, with a stop-loss below $0.045 and a first target around $0.050.
• Timeframes: analyze the daily chart to understand trend direction and use the 4h or 1h chart to fine-tune your entry point.
• On-chain confirmation: check CoinGecko for an increase in active wallets or DEX volume.
• Risk: HUMA is highly volatile; follow the principle of volume + trend + support/resistance to reduce exposure.
#CryptoCharts101
✅ 1. Identify the Trend (Don’t Swim Against the Current)
🔍 What to Look For:
• Use moving averages (EMA or SMA) – for example, the 50 and 200-period.
• If the price is above the moving averages and they are trending upward: we are in an uptrend.
• If the price is below and the averages are trending downward: we are in a downtrend.
🧠 Why It Matters:
Entering against the trend is risky. Even a good project can drop if the overall market is bearish.
⸻
✅ 2. Volume = Validation
🔍 What to Look For:
• If a strong price move is accompanied by high volume, it’s more reliable.
• If volume is low, the move may be fake (fake breakout or pump & dump).
🧠 Pro Tip:
On TradingView, activate the “Volume” indicator at the bottom and always compare it with price movements.
⸻
✅ 3. Support and Resistance = Key Zones
🔍 What to Look For:
• Support zones are where the price tends to bounce (strong buying).
• Resistance zones are where the price often stalls (strong selling).
🧠 How to Use Them:
• Enter trades near support levels.
• Consider taking profits or being cautious near resistance levels.
• You can draw them manually or use tools like Fibonacci Retracement.
⸻
🎁 Bonus: Don’t Rely on a Single Timeframe
• Always check multiple timeframes (e.g., daily for trend, 4h for trades).
• Sometimes a chart looks bullish on the 1h, but on the daily, it’s clearly in a downtrend.
✅ 1. Identify the Trend (Don’t Swim Against the Current)
🔍 What to Look For:
• Use moving averages (EMA or SMA) – for example, the 50 and 200-period.
• If the price is above the moving averages and they are trending upward: we are in an uptrend.
• If the price is below and the averages are trending downward: we are in a downtrend.
🧠 Why It Matters:
Entering against the trend is risky. Even a good project can drop if the overall market is bearish.
⸻
✅ 2. Volume = Validation
🔍 What to Look For:
• If a strong price move is accompanied by high volume, it’s more reliable.
• If volume is low, the move may be fake (fake breakout or pump & dump).
🧠 Pro Tip:
On TradingView, activate the “Volume” indicator at the bottom and always compare it with price movements.
⸻
✅ 3. Support and Resistance = Key Zones
🔍 What to Look For:
• Support zones are where the price tends to bounce (strong buying).
• Resistance zones are where the price often stalls (strong selling).
🧠 How to Use Them:
• Enter trades near support levels.
• Consider taking profits or being cautious near resistance levels.
• You can draw them manually or use tools like Fibonacci Retracement.
⸻
🎁 Bonus: Don’t Rely on a Single Timeframe
• Always check multiple timeframes (e.g., daily for trend, 4h for trades).
• Sometimes a chart looks bullish on the 1h, but on the daily, it’s clearly in a downtrend.
#TradingMistakes101
1. Lack of a Strategy
Many people start trading without a well-defined plan. This often leads to impulsive and inconsistent decisions.
Solution: Define your goals, entry/exit levels, risk management, and analysis strategy (technical, fundamental, or both) in advance.
⸻
2. FOMO (Fear Of Missing Out)
Entering the market just because an asset is rising rapidly often leads to buying at the top.
Solution: Follow your strategy, not your emotions. If you miss an opportunity, there will be others.
⸻
3. Poor Risk Management
Many traders don’t use stop-losses, invest too much in a single position, or use excessive leverage.
Solution: Risk only a small percentage of your capital per trade (e.g., 1–2%) and always set a stop-loss.
⸻
4. Over-Reliance on Signals or Influencers
Blindly following signals on Telegram, YouTube, or X (formerly Twitter) without understanding the reasoning can lead to losses.
Solution: Use signals only as inspiration and always verify them with your own analysis.
⸻
5. Overtrading
Making too many trades in a short period, often without a solid reason, leads to high fees and rushed decisions.
Solution: Be patient. Only take trades with a strong risk/reward ratio.
1. Lack of a Strategy
Many people start trading without a well-defined plan. This often leads to impulsive and inconsistent decisions.
Solution: Define your goals, entry/exit levels, risk management, and analysis strategy (technical, fundamental, or both) in advance.
⸻
2. FOMO (Fear Of Missing Out)
Entering the market just because an asset is rising rapidly often leads to buying at the top.
Solution: Follow your strategy, not your emotions. If you miss an opportunity, there will be others.
⸻
3. Poor Risk Management
Many traders don’t use stop-losses, invest too much in a single position, or use excessive leverage.
Solution: Risk only a small percentage of your capital per trade (e.g., 1–2%) and always set a stop-loss.
⸻
4. Over-Reliance on Signals or Influencers
Blindly following signals on Telegram, YouTube, or X (formerly Twitter) without understanding the reasoning can lead to losses.
Solution: Use signals only as inspiration and always verify them with your own analysis.
⸻
5. Overtrading
Making too many trades in a short period, often without a solid reason, leads to high fees and rushed decisions.
Solution: Be patient. Only take trades with a strong risk/reward ratio.
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#CryptoFees101
💸 Crypto Fees – What are they?
Crypto fees are the costs associated with using blockchain networks. Here are the main types:
⸻
🔹 1. Gas Fees
• Networks: Ethereum, Polygon, BNB Chain, etc.
• What it is: It is the cost to execute operations (e.g., sending tokens, interacting with smart contracts).
• Varies: based on network congestion and the complexity of the operation.
• Unit: Gwei (for Ethereum).
⸻
🔹 2. Transaction Fees
• Applied on all blockchains (Bitcoin, Ethereum, Solana, etc.).
• Compensate miners or validators for including the transaction in a block.
⸻
🔹 3. Exchange Fees
• If you use an exchange (like Binance, Coinbase, or Uniswap), you might pay:
• Trading fees (for exchanging tokens).
• Withdrawal fees (for withdrawing funds on the blockchain).
⸻
🔹 4. Bridging Fees
• If you move assets between different blockchains (e.g., from Ethereum to Arbitrum), you pay fees for:
• Validation
• Bridge provider
• Gas on both networks
💸 Crypto Fees – What are they?
Crypto fees are the costs associated with using blockchain networks. Here are the main types:
⸻
🔹 1. Gas Fees
• Networks: Ethereum, Polygon, BNB Chain, etc.
• What it is: It is the cost to execute operations (e.g., sending tokens, interacting with smart contracts).
• Varies: based on network congestion and the complexity of the operation.
• Unit: Gwei (for Ethereum).
⸻
🔹 2. Transaction Fees
• Applied on all blockchains (Bitcoin, Ethereum, Solana, etc.).
• Compensate miners or validators for including the transaction in a block.
⸻
🔹 3. Exchange Fees
• If you use an exchange (like Binance, Coinbase, or Uniswap), you might pay:
• Trading fees (for exchanging tokens).
• Withdrawal fees (for withdrawing funds on the blockchain).
⸻
🔹 4. Bridging Fees
• If you move assets between different blockchains (e.g., from Ethereum to Arbitrum), you pay fees for:
• Validation
• Bridge provider
• Gas on both networks
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#CryptoSecurity101
#CryptoSecurity101
"Crypto Security 101" on Binance is an essential guide to protecting your digital assets in an ever-evolving ecosystem. It focuses on empowering the user, promoting a vigilant and proactive mindset.
Key points include: enabling two-factor authentication (2FA) with robust methods such as physical security keys, using complex and unique passwords, vigilance against phishing scams (checking URLs and never sharing seed phrases or 2FA codes), and managing authorized devices. Binance emphasizes the importance of understanding KYC/AML regulations and regularly monitoring transactions. The "Binance Academy" also offers educational resources to deepen knowledge and security best practices.
#CryptoSecurity101
"Crypto Security 101" on Binance is an essential guide to protecting your digital assets in an ever-evolving ecosystem. It focuses on empowering the user, promoting a vigilant and proactive mindset.
Key points include: enabling two-factor authentication (2FA) with robust methods such as physical security keys, using complex and unique passwords, vigilance against phishing scams (checking URLs and never sharing seed phrases or 2FA codes), and managing authorized devices. Binance emphasizes the importance of understanding KYC/AML regulations and regularly monitoring transactions. The "Binance Academy" also offers educational resources to deepen knowledge and security best practices.
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#TradingPairs101
The Basics
In the world of trading, a trading pair represents the asset you are selling or buying in relation to another. It is the foundation of every transaction. For example, in EUR/USD, the Euro (EUR) is the base currency and the US Dollar (USD) is the quote currency.
When you see a price for EUR/USD, it indicates how many USD are needed to purchase 1 EUR. Understanding trading pairs is crucial: it allows you to analyze the markets and anticipate price movements, whether for currencies, cryptocurrencies, or commodities. Without this understanding, navigating trading is nearly impossible.
The Basics
In the world of trading, a trading pair represents the asset you are selling or buying in relation to another. It is the foundation of every transaction. For example, in EUR/USD, the Euro (EUR) is the base currency and the US Dollar (USD) is the quote currency.
When you see a price for EUR/USD, it indicates how many USD are needed to purchase 1 EUR. Understanding trading pairs is crucial: it allows you to analyze the markets and anticipate price movements, whether for currencies, cryptocurrencies, or commodities. Without this understanding, navigating trading is nearly impossible.
#Liquidity101
Bitcoin liquidity is the ease with which the cryptocurrency can be bought or sold without affecting its price. If the market is highly liquid, it's easy to make a purchase or sale. If the market has low liquidity (is illiquid), making a sale or purchase is difficult.
Resource: Investopedia
Bitcoin liquidity is the ease with which the cryptocurrency can be bought or sold without affecting its price. If the market is highly liquid, it's easy to make a purchase or sale. If the market has low liquidity (is illiquid), making a sale or purchase is difficult.
Resource: Investopedia
#OrderTypes101
“Order types” refer to the instructions traders give their brokers or trading platforms when buying or selling financial assets like stocks, forex, or cryptocurrencies. These instructions determine how and when a trade is executed. Here’s a breakdown of the most common order types:
🔹 1. Market Order
•Definition: An order to buy or sell immediately at the best available current price.
•Use Case: When you prioritize speed over price.
•Risk: Price slippage in volatile markets.
🔹 2. Limit Order•Definition: An order to buy or sell at a specific price or better.•Buy Limit: Executes at the limit price or lower.•Sell Limit: Executes at the limit price or higher.•Use Case: When you want to control the price but not guaranteed execution.
🔹 3. Stop Order (Stop-Loss)
•Definition: Converts to a market order once a specified stop price is reached.
• Buy Stop: Used to enter long positions above resistance.•Sell Stop: Used to limit losses on a long position.
🔹 4. Stop-Limit Order
•Definition: A combination of a stop order and a limit order. When the stop price is hit, it triggers a limit order instead of a market order.
•Use Case: More control over price, but it may not be filled if the price moves quickly.
🔹 5. Trailing Stop Order•Definition: A stop order that moves with the market price by a fixed percentage or dollar amount.•Use Case: To lock in profits while letting a trade run.
🔹 6. Fill or Kill (FOK)
•Definition: Must be filled immediately in its entirety or not at all.•Use Case: Large trades or illiquid assets.
🔹 7. Immediate or Cancel (IOC)
•Definition: Execute all or part of the order immediately. Cancel any unfilled portion.
•Use Case: Time-sensitive trades where partial fills are acceptable.
🔹 8. Good ’Til Canceled (GTC)
•Definition: Stays active until the trader cancels it or it’s filled.•Use Case: When you’re willing to wait for the desired price.
🔹 9. Day Order
•Definition: Expires if not filled by the end of the trading day.•
“Order types” refer to the instructions traders give their brokers or trading platforms when buying or selling financial assets like stocks, forex, or cryptocurrencies. These instructions determine how and when a trade is executed. Here’s a breakdown of the most common order types:
🔹 1. Market Order
•Definition: An order to buy or sell immediately at the best available current price.
•Use Case: When you prioritize speed over price.
•Risk: Price slippage in volatile markets.
🔹 2. Limit Order•Definition: An order to buy or sell at a specific price or better.•Buy Limit: Executes at the limit price or lower.•Sell Limit: Executes at the limit price or higher.•Use Case: When you want to control the price but not guaranteed execution.
🔹 3. Stop Order (Stop-Loss)
•Definition: Converts to a market order once a specified stop price is reached.
• Buy Stop: Used to enter long positions above resistance.•Sell Stop: Used to limit losses on a long position.
🔹 4. Stop-Limit Order
•Definition: A combination of a stop order and a limit order. When the stop price is hit, it triggers a limit order instead of a market order.
•Use Case: More control over price, but it may not be filled if the price moves quickly.
🔹 5. Trailing Stop Order•Definition: A stop order that moves with the market price by a fixed percentage or dollar amount.•Use Case: To lock in profits while letting a trade run.
🔹 6. Fill or Kill (FOK)
•Definition: Must be filled immediately in its entirety or not at all.•Use Case: Large trades or illiquid assets.
🔹 7. Immediate or Cancel (IOC)
•Definition: Execute all or part of the order immediately. Cancel any unfilled portion.
•Use Case: Time-sensitive trades where partial fills are acceptable.
🔹 8. Good ’Til Canceled (GTC)
•Definition: Stays active until the trader cancels it or it’s filled.•Use Case: When you’re willing to wait for the desired price.
🔹 9. Day Order
•Definition: Expires if not filled by the end of the trading day.•
#TradingTypes101
Trading styles vary widely, from short-term to long-term investments, and include methods like day trading, swing trading, position trading, and algorithmic trading. These styles differ in their timeframe, risk level, and the techniques used.
Here's a more detailed look at some common trading styles:
Short-Term Trading:
Day Trading:
Involves buying and selling stocks within the same day, aiming to profit from short-term price fluctuations.
Scalping:
A form of day trading where trades are made very quickly, often within seconds or minutes, to capture small price differences.
Swing Trading:
Holding positions for a few days or weeks to capitalize on price swings and market trends.
Long-Term Trading:
Position Trading:
Holding positions for extended periods, potentially months or even years, focusing on long-term growth.
Fundamental Trading:
Investing based on a company's underlying fundamentals, such as financial statements, industry trends, and economic indicators.
Algorithmic Trading:
Using computer programs to execute trades automatically based on pre-defined rules and conditions.
Other Trading Styles:
Momentum Trading:
Predicting a stock's movement and entering or exiting positions accordingly.
Long-Term Investing:
A more passive approach, holding stocks for the long haul with the expectation of appreciation over time.
Important Considerations:
Risk Tolerance: Different trading styles have different levels of risk.
Time Commitment: Day trading requires significant time and attention, while position trading can be more flexible.
Capital Requirements: Some trading styles may require larger capital than others.
Market Conditions: The best trading style may vary depending on market conditions.
Trading styles vary widely, from short-term to long-term investments, and include methods like day trading, swing trading, position trading, and algorithmic trading. These styles differ in their timeframe, risk level, and the techniques used.
Here's a more detailed look at some common trading styles:
Short-Term Trading:
Day Trading:
Involves buying and selling stocks within the same day, aiming to profit from short-term price fluctuations.
Scalping:
A form of day trading where trades are made very quickly, often within seconds or minutes, to capture small price differences.
Swing Trading:
Holding positions for a few days or weeks to capitalize on price swings and market trends.
Long-Term Trading:
Position Trading:
Holding positions for extended periods, potentially months or even years, focusing on long-term growth.
Fundamental Trading:
Investing based on a company's underlying fundamentals, such as financial statements, industry trends, and economic indicators.
Algorithmic Trading:
Using computer programs to execute trades automatically based on pre-defined rules and conditions.
Other Trading Styles:
Momentum Trading:
Predicting a stock's movement and entering or exiting positions accordingly.
Long-Term Investing:
A more passive approach, holding stocks for the long haul with the expectation of appreciation over time.
Important Considerations:
Risk Tolerance: Different trading styles have different levels of risk.
Time Commitment: Day trading requires significant time and attention, while position trading can be more flexible.
Capital Requirements: Some trading styles may require larger capital than others.
Market Conditions: The best trading style may vary depending on market conditions.
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Do you want to know how to understand Candles? Read this article - Practical Guide
Crypto Insiders
--
Want to know how understand Candles? Read this article - Practical Guide
Intraday trading is a method of investing in cryptocurrencies where the trader buys and sells cryptocurrencies on the same day without any open positions left by the end of the day. Hence, intraday traders try to either purchase a cryptocurrency at a low price and sell it higher or short-sell a cryptocurrency at a high price and buy it lower within the same day. This requires a good understanding of the market and relevant information that can help them make the right decisions. In the cryptocurrency market, the price of a cryptocurrency is determined by its demand and supply among other factors.
Tools such as candlestick chart patterns offer great help to traders. We will talk about these Candlestick Charts and offer steps to help you read them.
What are Candlestick Graphs/Charts?
Candlesticks are a visual representation of the size of price fluctuations. Traders use these charts to identify patterns and gauge the near-term direction of price in the cryptocurrency market.
Composition of a Candlestick Chart
This is how a candlestick chart pattern looks like:
As you can see, there are several horizontal bars or candles that form this chart. Each candle has three parts:
The BodyUpper ShadowLower Shadow
Also, the body is colored either Red or Green. Each candle is a representation of a time period and the data corresponds to the trades executed during that period.
A candle has four points of data:
How to Analyze Candlestick Chart for Cryptocurrencies
The body of the candle in a candlestick chart represents the opening and closing price of the trading done during the period for a particular cryptocurrency. Understanding this is crucial for candlestick trading. Traders can quickly see the price range of the cryptocurrency for the said period by looking at the chart. Moreover, the color of the body indicates whether the price is rising or falling. For instance, if a candlestick chart for a month with each candle representing a day has more consecutive red candles, then traders know that the cryptocurrency's price is falling.
Vertical lines called wicks or shadows above and below the body show the highs and lows of the traded price of the cryptocurrency. Traders can use this information to analyze the sentiment of the market towards the cryptocurrency.
Candlestick Chart Patterns
Candlestick charts are an excellent way of understanding investor sentiment and the relationship between demand and supply, bears and bulls, greed and fear, etc., in the cryptocurrency market. Traders must remember that while an individual candle provides sufficient information, patterns can be determined only by comparing one candle with its preceding and next candles. To benefit from them, it is important that traders understand patterns in candlestick charts.
Let's divide the patterns into two sections:
Bullish PatternsBearish Patterns
Analyzing these patterns can help traders make informed decisions about buying or selling cryptocurrencies.
Bullish Patterns
Hammer pattern
This is a candle with a short body and a long lower wick. It is usually located at the bottom of a downward trend. It indicates that despite selling pressures, a strong buying surge pushed the prices up. If the body is green, it indicates a stronger bull market than a red body.
Inverse Hammer pattern
This is a candle with a short body and a long upper wick. It is usually located at the bottom of a downward trend too. It indicates buying pressure followed by selling pressure. It also indicates that buyers will soon have control.
Bullish Engulfing pattern
This is a pattern of two candlesticks where the first candle is a short red one engulfed by a large green candle. It indicates a bullish market that pushes the price up despite opening lower than the previous day.
Piercing Line pattern
This is a two-candle pattern having a long red candle followed by a long green candle. Also, the closing price of the second candle must be more than half-way up the body of the first candle. This indicates strong buying pressure.
Morning Star pattern
This is a three-candle pattern that has one candle with a short body between one long red and a long green candle. There is usually no overlap between the short and the long candles. This is an indication of the reduction of the selling pressure and the onset of a bull market.
Three White Soldiers pattern
This is a three-candle pattern that has three green candles with small wicks. These candles open and close higher than the previous day. After a downtrend, this is a strong indication of an upcoming bull trend.
Bearish Patterns
Hanging Man pattern
This is a candle with a short body and a long lower wick. It is usually located at the top of an upward trend. It indicates that the selling pressures were stronger than the buying thrust. It also indicates that bears are gaining control of the market.
Shooting Star pattern
This is a candle with a short body and a long upper wick. It is usually located at the top of an upward trend too. Usually, the market opens higher than the previous day and rallies a bit before crashing like a shooting star. It indicates selling pressure taking over the market.
Bearish Engulfing pattern
In candlestick chart analysis, this is a pattern of two candlesticks where the first candle is a short green one engulfed by a large red candle. It usually occurs at the top of an upward trend. It indicates a slowdown in the market rise and an upcoming downtrend. If the red candle is lower, the downtrend is usually more significant.
Evening Star pattern
This is a three-candle pattern that has one candle with a short body between one long red and a long green candle. There is usually no overlap between the short and the long candles. This is an indication of the reversal of an upward trend. This is more significant if the third candle overcomes the gains of the first candle.
Three Black Crows pattern
This is a three-candle pattern that has three consecutive red candles with short wicks. These candles open and close lower than the previous day. After an upward trend, this is a strong indication of an upcoming bear market.
Chart patterns can be used to understand trends and sentiment of the cryptocurrency markets. There are several other patterns to explore in order to gain a deeper understanding of market movements. Use this as a starting point and continue to learn and refine your analysis skills.
Happy trades and successful investments!💪👊
@Crypto Insiders
@Insiders
#candles #BTC
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Tools such as candlestick chart patterns offer great help to traders. We will talk about these Candlestick Charts and offer steps to help you read them.
What are Candlestick Graphs/Charts?
Candlesticks are a visual representation of the size of price fluctuations. Traders use these charts to identify patterns and gauge the near-term direction of price in the cryptocurrency market.
Composition of a Candlestick Chart
This is how a candlestick chart pattern looks like:
As you can see, there are several horizontal bars or candles that form this chart. Each candle has three parts:
The BodyUpper ShadowLower Shadow
Also, the body is colored either Red or Green. Each candle is a representation of a time period and the data corresponds to the trades executed during that period.
A candle has four points of data:
How to Analyze Candlestick Chart for Cryptocurrencies
The body of the candle in a candlestick chart represents the opening and closing price of the trading done during the period for a particular cryptocurrency. Understanding this is crucial for candlestick trading. Traders can quickly see the price range of the cryptocurrency for the said period by looking at the chart. Moreover, the color of the body indicates whether the price is rising or falling. For instance, if a candlestick chart for a month with each candle representing a day has more consecutive red candles, then traders know that the cryptocurrency's price is falling.
Vertical lines called wicks or shadows above and below the body show the highs and lows of the traded price of the cryptocurrency. Traders can use this information to analyze the sentiment of the market towards the cryptocurrency.
Candlestick Chart Patterns
Candlestick charts are an excellent way of understanding investor sentiment and the relationship between demand and supply, bears and bulls, greed and fear, etc., in the cryptocurrency market. Traders must remember that while an individual candle provides sufficient information, patterns can be determined only by comparing one candle with its preceding and next candles. To benefit from them, it is important that traders understand patterns in candlestick charts.
Let's divide the patterns into two sections:
Bullish PatternsBearish Patterns
Analyzing these patterns can help traders make informed decisions about buying or selling cryptocurrencies.
Bullish Patterns
Hammer pattern
This is a candle with a short body and a long lower wick. It is usually located at the bottom of a downward trend. It indicates that despite selling pressures, a strong buying surge pushed the prices up. If the body is green, it indicates a stronger bull market than a red body.
Inverse Hammer pattern
This is a candle with a short body and a long upper wick. It is usually located at the bottom of a downward trend too. It indicates buying pressure followed by selling pressure. It also indicates that buyers will soon have control.
Bullish Engulfing pattern
This is a pattern of two candlesticks where the first candle is a short red one engulfed by a large green candle. It indicates a bullish market that pushes the price up despite opening lower than the previous day.
Piercing Line pattern
This is a two-candle pattern having a long red candle followed by a long green candle. Also, the closing price of the second candle must be more than half-way up the body of the first candle. This indicates strong buying pressure.
Morning Star pattern
This is a three-candle pattern that has one candle with a short body between one long red and a long green candle. There is usually no overlap between the short and the long candles. This is an indication of the reduction of the selling pressure and the onset of a bull market.
Three White Soldiers pattern
This is a three-candle pattern that has three green candles with small wicks. These candles open and close higher than the previous day. After a downtrend, this is a strong indication of an upcoming bull trend.
Bearish Patterns
Hanging Man pattern
This is a candle with a short body and a long lower wick. It is usually located at the top of an upward trend. It indicates that the selling pressures were stronger than the buying thrust. It also indicates that bears are gaining control of the market.
Shooting Star pattern
This is a candle with a short body and a long upper wick. It is usually located at the top of an upward trend too. Usually, the market opens higher than the previous day and rallies a bit before crashing like a shooting star. It indicates selling pressure taking over the market.
Bearish Engulfing pattern
In candlestick chart analysis, this is a pattern of two candlesticks where the first candle is a short green one engulfed by a large red candle. It usually occurs at the top of an upward trend. It indicates a slowdown in the market rise and an upcoming downtrend. If the red candle is lower, the downtrend is usually more significant.
Evening Star pattern
This is a three-candle pattern that has one candle with a short body between one long red and a long green candle. There is usually no overlap between the short and the long candles. This is an indication of the reversal of an upward trend. This is more significant if the third candle overcomes the gains of the first candle.
Three Black Crows pattern
This is a three-candle pattern that has three consecutive red candles with short wicks. These candles open and close lower than the previous day. After an upward trend, this is a strong indication of an upcoming bear market.
Chart patterns can be used to understand trends and sentiment of the cryptocurrency markets. There are several other patterns to explore in order to gain a deeper understanding of market movements. Use this as a starting point and continue to learn and refine your analysis skills.
Happy trades and successful investments!💪👊
@Crypto Insiders
@Insiders
#candles #BTC
$BTC
$ETH
$BNB
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