98.89% ACCURACY FOR TRADE IS PROVIDED BY CANDLESTICK FORMATION
This is the key to candlesticks that will increase your chances of making money.
To have a better grasp of a token's price motion, it is crucial to formulate potential candlestick formations before they develop. This gives a trader the opportunity to get even more ready for the potential outcome. A trader can hold more positions in the market in this fashion. Finding the critical levels where the majority of the candlesticks cluster, whether at support or resistance, is the first step in doing a candlestick formation reading. Next, as it is essential to the candlesticks' anticipation, comprehend the cause of this cluster development. Increasing demand or the loading of supplies are the main causes of the creation. You can therefore determine the high and low price once the candlesticks for each timeframe are generated for the day. In a timeframe of minutes or hours, the majority of candlesticks can form with two to three bearish candlesticks and more bullish ones if they are near their support, and vice versa if they are near their resistance. In order to take advantage of the imbalances between the highs and lows of the daily trading range, you can anticipate the formation of one or more bearish candlesticks as the candlesticks close since the bullish candlesticks have formed consecutively. You can continue examining different candlestick formations over the same or different timeframes; this is merely an example.
Stay wise, trade cautiously.