ONCE YOU SEE THESE PATTERNS YOU ARE ALREADY LOOKING AT A FORTUNE!
There are many patterns out there in the crypto market and the other markets that have already provided proven results.
The only problem to solve is on how to spot them and how to enter them optimally.
Let us tell you how.
There are certain patterns that appears in the crypto market every once in a while. Not only do they provide comfort for those who have entered a position on top or below of those patterns but they also make you see a possible price action. The best way to recognize them would be to examine where the price is currently at may it be at the bottom or top part of the market. This provides a clearer perspective of what the buyers and sellers might do in these key levels. For example, in the depths of the market. Once you see the price moving strangely moving just on the same level without breaking down or without attempting to go back to the price it once held. There, you can conclude that the selling pressure is being met by buyers. With this, you may see bullish engulfing candlesticks, morning star candlesticks, hammer candlestick etc. Candlesticks like these are a sign of a potential market shift will doubtlessly happen.
Now, unto the question of how to enter them optimally.
Optimization of your trading positions are essential to the success of every trade. Demand and supply zones are one of the ways to identify strong position in the market. You may also recognize pivotal points where the market may shift from its trend and other ways to optimally enter the patterns that you can see. Although, with all of the strategies mentioned and not. The best way to maintain a consistent optimal position entry would be to be calm and collected even when the market tempts you into entering a position after just sudden impulsive movements. A composed mind can bring forth the greatest position in the crypto market than any of the strategies that you're using.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.