The journey to success in cryptocurrency is not as easy as some may think. Some mountains and valleys test a person's level of faith.
Today, I have decided to share how you can educate yourself to identify conditions for making a profit through Technical Analysis, especially in the challenging system of trading cryptocurrencies. The following are crypto patterns that can help you trade, ensuring a guaranteed profit.
1. Falling Wedge:
This pattern informs traders when it's the right time to make buying decisions. After a Falling Wedge occurs, the history of the price starts to rise. This pattern indicates a brake for many sellers to stop selling, so there is no continuation of traders selling more.
2. Rising Wedge:
This pattern is the opposite of Falling Wedge and shows that the market is stopping to rise. Traders reduce their interest in buying more and start selling. When you see this pattern, it's time to make decisions to sell.
3. Double or Triple Bottoms:
This pattern brings better hope for making buying decisions. Both double and triple bottoms are good signs for entering the market.
In conclusion, cryptocurrency trading is easy if you educate yourself daily and check other beacons to ensure the safety of crypto trading.