#BTC
Cryptocurrency's candlestick charts seem pale and powerless in the face of major events
—— I have been in the industry for over 10 years, from gold and stock markets to nearly 6 years in the crypto space, and I have summarized some experiences: candlestick charts are only suitable for oscillation and consolidation phases, suitable for swing traders and short-term players. Looking at candlesticks during all bear and bull markets is a waste of time. Will there be a bull market this year if my mom doesn't support pump? Will cryptocurrencies pump this week if Trump is not elected?
—— Remember one thing, during a bull market, don't be afraid. Almost all my articles are very clear, detailed to a specific coin. Many people ask me how to read candlesticks; in one sentence, during a bull market, don't look at candlesticks because looking at them means either selling or reducing positions. Focus only on the price, and we'll talk again when BTC hits 100,000. I started calling for accumulation on the 2nd of this month, and almost all coins have risen after the election, right? Still the same thing, buy on the dip, don't be afraid.