This is HOW Analyzing MARKET STRUCTURES will provide OPTIMAL RESULTS for YOUR TRADES!
The market has already provided you with all of the information you needed. You just have to understand them on a deeper level.
Let's get to the bottom of it.
Have you ever wondered why certain patterns form? This is not the only question that should come into your mind when looking at the crypto market. There should be several questions such as where does the market take the initiative to create such price action. What does an impulsive movement tells us and so on.
If you were able to ask yourself these questions. Then, you're already getting closer to becoming an expert.
All of the price actions in the crypto market are formed base on the sentiments of both buyers and sellers. This is the root of the price movements and not just because 1 trader want this specific price action. Take into account how the overall crypto market and every crypto trader would become the factors as to the next movement of an asset's price. The amalgamation of these traders' decisions, market's charts and everything that's happening within the crypto market will be the catalyst for the market's structure. Once you get to understand this fact, you will be able to see what the others won't potentially see.
Stay wise, trade cautiously.