candles
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Long time no see!
If you want more info like this follow or dm me on IG i will share everything for free.
#Pattern #candles #bitcoinhalving #Megadrop #BinanceLaunchpool
$BTC $ETH $BNB
If you want more info like this follow or dm me on IG i will share everything for free.
#Pattern #candles #bitcoinhalving #Megadrop #BinanceLaunchpool
$BTC $ETH $BNB
Anatomy of Candlestick
A candlestick is a type of chart used to display the price movement of a financial instrument over a specific time period. Each candlestick is composed of several parts:
The Real Body: This is the rectangular area between the open and close prices. If the close price is higher than the open price, the real body is typically colored white or green, indicating a price increase. If the close price is lower than the open price, the real body is typically colored black or red, indicating a price decrease.
The Upper Shadow: This is the line that extends above the real body, representing the highest price reached during the time period.
The Lower Shadow: This is the line that extends below the real body, representing the lowest price reached during the time period.
The Wick: This is the line that connects the upper and lower shadows. It is also known as the "tail"or"shadow."
Candlestick can be used to identify pattern and trend in the price movement of a instrument and can be used in TA
#Binance #crypto2023 #BTC #candles #LearnCrypto
The Real Body: This is the rectangular area between the open and close prices. If the close price is higher than the open price, the real body is typically colored white or green, indicating a price increase. If the close price is lower than the open price, the real body is typically colored black or red, indicating a price decrease.
The Upper Shadow: This is the line that extends above the real body, representing the highest price reached during the time period.
The Lower Shadow: This is the line that extends below the real body, representing the lowest price reached during the time period.
The Wick: This is the line that connects the upper and lower shadows. It is also known as the "tail"or"shadow."
Candlestick can be used to identify pattern and trend in the price movement of a instrument and can be used in TA
#Binance #crypto2023 #BTC #candles #LearnCrypto
🔶️😇 GM Binancians
check out the #Binance futures candlestick patern cheat sheet 😄⤵️
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check out the #Binance futures candlestick patern cheat sheet 😄⤵️
#BNB #crypto2023 #dyor #candles
What can we see on the charts?
During the analyses, you can often see all kinds of charts and diagrams from which they "predict" or just analyze what happened. In this regard, we have collected a few things for you to pay attention to when looking at these charts.
What are candles?
A candlestick is a type of price chart used in technical analysis that displays the high, low, and opening and closing prices of an asset for a given time period.
This method originated with Japanese rice traders who used it to track market prices and daily movements hundreds of years before it became popular in the United States.
The wide part of the candle is called the "real body". This shows traders where the price opened and closed within a given time period. And the wicks of the candle show the maximum and minimum price within the given period.
Source: Investopedia
Candles reflect the impact of investor sentiment on asset prices and are used by technical analysts to determine when to enter or exit trades. Candles can be used for any liquid financial instrument, such as stocks, currencies and futures.
Long green candles indicate strong buying pressure, meaning the price is rising. However, they should be examined in the context of the market structure, not individually. For example, a long green candle is likely to have more significance if it forms at a significant price support level. Long red candles, on the other hand, indicate significant selling pressure. This suggests that the price is falling.
By observing these candles, we can see trading patterns in the long or short term, which are used in the analysis.
The movements of Bitcoin in 2021. Source: trandingview.com
What is technical analysis?
Technical analysis, in short, is a trading discipline used to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement or volume.
Unlike fundamental analysis, technical analysis focuses on the study of price and volume. Technical analysis is often used to generate short-term trading signals, but it can also help assess the strength or weakness of an asset relative to the market. Information from the analysis helps analysts improve their overall valuation estimate.
Technical analysis as we know it today was founded by Charles Dow and the Dow Theory in the late 1800s. Today, technical analysis includes hundreds of patterns and signals developed over years of research.
Technical analysis is based on the assumption that past trading activity and price changes of an asset can be indicators of the future movement of the asset's price. So, it attempts to predict the price movement of any trading instrument that is subject to the forces of supply and demand, including stocks, bonds, futures, and currency pairs.
In fact, some view technical analysis simply as the study of supply and demand forces as reflected in the movement of an asset's market price. Technical analysis is most often concerned with price movements, but some analysts track numbers other than prices, such as trading volume.
Forms and market signals
There are hundreds of patterns and signals in the industry that have been developed by researchers to support trading with technical analysis. Some indicators primarily attempt to identify the market trend, such as support and resistance areas, while other indicators show the strength of the trend and the likelihood of its continuation. Commonly used indicators and chart patterns include trend lines, channels, moving averages, and momentum indicators.
A few examples of frequently used indicators:
Price trends
Chart samples
Volume and momentum indicators
Oscillators
Moving averages
Support and resistance levels
Limitations of technical analysis
A common criticism of technical analysis is that history does not exactly repeat itself, so the examination of the price pattern is of dubious importance and can be ignored.
His other criticism is that it only works in certain cases, but only because it has a self-fulfilling effect. For example, when a trader places a stop-loss order below the 200-day moving average of the price of a certain asset. If many traders have done this and the stock reaches this price, there will be a large number of sell orders that will push the price down, confirming the move traders expect.
Of course, knowledge of technical analysis offers its users an advantage in the market and is often used by professional analysts in conjunction with other forms of research.
For more content, follow us here, on Twitter, or visit our blog.
#cryptocurrency #crypto101 #candles #charts #cryptotrading
What are candles?
A candlestick is a type of price chart used in technical analysis that displays the high, low, and opening and closing prices of an asset for a given time period.
This method originated with Japanese rice traders who used it to track market prices and daily movements hundreds of years before it became popular in the United States.
The wide part of the candle is called the "real body". This shows traders where the price opened and closed within a given time period. And the wicks of the candle show the maximum and minimum price within the given period.
Source: Investopedia
Candles reflect the impact of investor sentiment on asset prices and are used by technical analysts to determine when to enter or exit trades. Candles can be used for any liquid financial instrument, such as stocks, currencies and futures.
Long green candles indicate strong buying pressure, meaning the price is rising. However, they should be examined in the context of the market structure, not individually. For example, a long green candle is likely to have more significance if it forms at a significant price support level. Long red candles, on the other hand, indicate significant selling pressure. This suggests that the price is falling.
By observing these candles, we can see trading patterns in the long or short term, which are used in the analysis.
The movements of Bitcoin in 2021. Source: trandingview.com
What is technical analysis?
Technical analysis, in short, is a trading discipline used to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement or volume.
Unlike fundamental analysis, technical analysis focuses on the study of price and volume. Technical analysis is often used to generate short-term trading signals, but it can also help assess the strength or weakness of an asset relative to the market. Information from the analysis helps analysts improve their overall valuation estimate.
Technical analysis as we know it today was founded by Charles Dow and the Dow Theory in the late 1800s. Today, technical analysis includes hundreds of patterns and signals developed over years of research.
Technical analysis is based on the assumption that past trading activity and price changes of an asset can be indicators of the future movement of the asset's price. So, it attempts to predict the price movement of any trading instrument that is subject to the forces of supply and demand, including stocks, bonds, futures, and currency pairs.
In fact, some view technical analysis simply as the study of supply and demand forces as reflected in the movement of an asset's market price. Technical analysis is most often concerned with price movements, but some analysts track numbers other than prices, such as trading volume.
Forms and market signals
There are hundreds of patterns and signals in the industry that have been developed by researchers to support trading with technical analysis. Some indicators primarily attempt to identify the market trend, such as support and resistance areas, while other indicators show the strength of the trend and the likelihood of its continuation. Commonly used indicators and chart patterns include trend lines, channels, moving averages, and momentum indicators.
A few examples of frequently used indicators:
Price trends
Chart samples
Volume and momentum indicators
Oscillators
Moving averages
Support and resistance levels
Limitations of technical analysis
A common criticism of technical analysis is that history does not exactly repeat itself, so the examination of the price pattern is of dubious importance and can be ignored.
His other criticism is that it only works in certain cases, but only because it has a self-fulfilling effect. For example, when a trader places a stop-loss order below the 200-day moving average of the price of a certain asset. If many traders have done this and the stock reaches this price, there will be a large number of sell orders that will push the price down, confirming the move traders expect.
Of course, knowledge of technical analysis offers its users an advantage in the market and is often used by professional analysts in conjunction with other forms of research.
For more content, follow us here, on Twitter, or visit our blog.
#cryptocurrency #crypto101 #candles #charts #cryptotrading
Time for some one-candle patterns.
Share -> Like -> Comment
#Binance #BTC #keepbuilding
#learntoearn #candles
Share -> Like -> Comment
#Binance #BTC #keepbuilding
#learntoearn #candles
📉 Pullback after breakout Entry in Intraday.
Recognize chart pattern in trading.
I want to share a lot more with you all.
Stay Tuned! 🥶
#HotTrends #ChartWhisperer #candles
Recognize chart pattern in trading.
I want to share a lot more with you all.
Stay Tuned! 🥶
#HotTrends #ChartWhisperer #candles
NO GOOD ASSETS.
There are no good and bad assets. Don't get attached to a coin or a stock. Your aim is to make profits, to buy low and sell high.
Keep your logics, attachments and emotions away and TRADE THE CHART. Eg. Cardano is shit but I made good money there.
#assets #chart #chartpatterns #candles
There are no good and bad assets. Don't get attached to a coin or a stock. Your aim is to make profits, to buy low and sell high.
Keep your logics, attachments and emotions away and TRADE THE CHART. Eg. Cardano is shit but I made good money there.
#assets #chart #chartpatterns #candles
Hi fam!
For the First Time in History, #Bitcoin has
closed 7 Green Monthly #candles in a Row
#BTC、 #SHIB #HotTrends
For the First Time in History, #Bitcoin has
closed 7 Green Monthly #candles in a Row
#BTC、 #SHIB #HotTrends
Dużo razy słyszę, że krypto waluty sa nie przewidywalne i to ruletka. Za każdym razem odpowiadam, ze za zachowaniami krypto walut stoją ludzie czyli rynek. A ten jest podobny do rynku akcji. Może częściej w tym przypadku wpływ maja „wieloryby” jednak pewna forma jest praktycznie zawsze zachowana.
Przykład poniżej
$API3 $BTC $ETH #bitcoin #xrp #paterns #candles #learntoearn
Przykład poniżej
$API3 $BTC $ETH #bitcoin #xrp #paterns #candles #learntoearn
Bitcoin’s Weekly Close Was Bullish, While Altcoins Continue to Bleed-Here’s What You Can Expect This Week
After a roller coaster ride, Bitcoin managed to close the weekly trade on a bullish note while altcoins struggle to hold above the major support
The current trade setup hints towards the probabilities of triggering a 2017 & 2021 like bull run in the next few months as the dominance continues to soar
#BTC #candles
After a roller coaster ride, Bitcoin managed to close the weekly trade on a bullish note while altcoins struggle to hold above the major support
The current trade setup hints towards the probabilities of triggering a 2017 & 2021 like bull run in the next few months as the dominance continues to soar
#BTC #candles
Here is all Candle stick pattern you need to know.
I am not sure about this but I get it from some trader's. So don't be full depend upon this but it's still be useful.
#Write2Earn #TrendingTopic #candles
I am not sure about this but I get it from some trader's. So don't be full depend upon this but it's still be useful.
#Write2Earn #TrendingTopic #candles
LIVE
Crypto Insiders
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Understanding candles - How To Grow Your Trading Accuracy - Practical Tutorial
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 ChartThis 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 ShadowAlso, 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:Open – the first trade during the period specified by the candleHigh – the highest traded priceLow – the lowest traded priceClose – the last trade during the period specified by the candleHow 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 PatternsAnalyzing these patterns can help traders make informed decisions about buying or selling cryptocurrencies.Bullish PatternsHammer patternThis 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 patternThis 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 patternThis 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 patternThis 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 patternThis 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 patternThis 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 patternThis 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 patternThis 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 patternIn 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 patternThis 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 patternThis 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! #candles #learning #tradingStrategy $BTC $ETH $BNB
THE DRAGONFLY AND THE GRAVESTONE DOJI
The “dragonfly” doji imply, that sellers (Bears) controlled the market for most of the trading period, but then the buyers (Bulls) managed to push price back to the open price before the close. While the “gravestone” doji imply, that buyers (Bulls) controlled the market for most of the trading period, before the Sellers (Bears) managed to push price back to the open price before the close.
While tradition and long-legged doji's are reflective of indecision and stalling, gravestone and dragonfly are generally clearer, stronger indicators that a force is stepping in to push the market in the opposite direction. Therefore, the gravestone and dragonfly dojis are stronger doji's with respect to indicating a reversal compared to the tradition and long legged Dojis.
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#cryptotrading #BinanceTournament #candles #BTC
While tradition and long-legged doji's are reflective of indecision and stalling, gravestone and dragonfly are generally clearer, stronger indicators that a force is stepping in to push the market in the opposite direction. Therefore, the gravestone and dragonfly dojis are stronger doji's with respect to indicating a reversal compared to the tradition and long legged Dojis.
❤️follow me for more insight💥💥💥
#cryptotrading #BinanceTournament #candles #BTC
