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Bar Charts vs Candlestick Charts
Bar Charts
Structure :-
1:- Composed of vertical lines representing the high and low prices.
2:- Small horizontal lines on the left and right indicate the opening and closing prices, respectivelyâŽ.
Advantages :-
1:- Simplicity :Bar charts are straightforward and less visually complex.
2 :- Detail : They provide clear information on the high, low, open, and close prices without additional visual elements.
Disadvantages :
Visual Intuition : They lack the color coding and visual cues that can make it easier to interpret market sentiment.
Candlestick Charts
Structure :
1 :- Each candlestick has a body representing the range between the open and close prices.
2 :- Wicks (or shadows) extend from the body to show the high and low prices of the periodâ”.
Advantages :
1. Visual Appeal :- The color-coded bodies (typically green for up and red for down) make it easier to see price movements and trends at a glanceâ”.
2. Pattern Recognition :- Candlestick patterns can provide insights into market sentiment and potential future price movements.
Disadvantages :-
Complexity :- The additional visual elements can be overwhelming for beginners.
Conclusion
Both bar charts and candlestick charts provide valuable information for traders. The choice between them often comes down to personal preference and the specific needs of the trader.
Bar charts offer simplicity and clarity, while candlestick charts provide more visual cues and are better suited for those who rely on pattern recognition and market sentiment analysis.
Follow For More đ
#EIGENonBinance #TCPredictedNewATH $BTC
$ETH #BinanceLaunchpoolHMSTR #News #Learn $BTC
Structure :-
1:- Composed of vertical lines representing the high and low prices.
2:- Small horizontal lines on the left and right indicate the opening and closing prices, respectivelyâŽ.
Advantages :-
1:- Simplicity :Bar charts are straightforward and less visually complex.
2 :- Detail : They provide clear information on the high, low, open, and close prices without additional visual elements.
Disadvantages :
Visual Intuition : They lack the color coding and visual cues that can make it easier to interpret market sentiment.
Candlestick Charts
Structure :
1 :- Each candlestick has a body representing the range between the open and close prices.
2 :- Wicks (or shadows) extend from the body to show the high and low prices of the periodâ”.
Advantages :
1. Visual Appeal :- The color-coded bodies (typically green for up and red for down) make it easier to see price movements and trends at a glanceâ”.
2. Pattern Recognition :- Candlestick patterns can provide insights into market sentiment and potential future price movements.
Disadvantages :-
Complexity :- The additional visual elements can be overwhelming for beginners.
Conclusion
Both bar charts and candlestick charts provide valuable information for traders. The choice between them often comes down to personal preference and the specific needs of the trader.
Bar charts offer simplicity and clarity, while candlestick charts provide more visual cues and are better suited for those who rely on pattern recognition and market sentiment analysis.
Follow For More đ
#EIGENonBinance #TCPredictedNewATH $BTC
$ETH #BinanceLaunchpoolHMSTR #News #Learn $BTC
Dear all!
I'm a Physician by profession. I continuously study and try to improve my clinical knowledge. However, in the world of cryptocurrency I'm not an expert. I'm curious to learn.
Can anyone who truly knows cryptocurrency and Binance stuff teach me?
Drop your comments, please.
#Binance
#Learn
I'm a Physician by profession. I continuously study and try to improve my clinical knowledge. However, in the world of cryptocurrency I'm not an expert. I'm curious to learn.
Can anyone who truly knows cryptocurrency and Binance stuff teach me?
Drop your comments, please.
#Binance
#Learn
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đActual Trading Price MDT $0.07556đ
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âšđClaim Free Crypto ON my Pinned Postđ
âčïž"Crypto investments have risks. Not financial advice. Trade wisely."
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$MDT $RNDR $FET
đœđ»đŸWhat makes it cool is that it uses smart computer programs (that's the AI part) to check if the information people share with it is correct. If you share good, accurate data, you get more MDT as a reward.
đActual Trading Price MDT $0.07556đ
đïžđđThis helps create a safe and reliable place for people to share information, and it's all powered by clever computer programs!
âšđClaim Free Crypto ON my Pinned Postđ
âčïž"Crypto investments have risks. Not financial advice. Trade wisely."
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Navigating the Falling Wedge
1ïžâŁ Setup:Identifying the Pattern: The falling wedge forms during a downtrend but suggests an upcoming bullish reversal as the lines converge.
2ïžâŁ Fibonacci Retracement: Look for key retracement levels like 0.618 as potential entry points when the price breaks the wedge pattern. đâĄïžđ
3ïžâŁ Support Zone: This area often acts as a strong buying pressure point, hinting at where to consider entering trades.
4ïžâŁ Market Strategy: It's usually more advantageous to go with the bullish momentum of the main trend rather than against it.
Aim to trade with the trend for a smoother path to profit đ”đŒ#Learn to earn $BTC
1ïžâŁ Setup:Identifying the Pattern: The falling wedge forms during a downtrend but suggests an upcoming bullish reversal as the lines converge.
2ïžâŁ Fibonacci Retracement: Look for key retracement levels like 0.618 as potential entry points when the price breaks the wedge pattern. đâĄïžđ
3ïžâŁ Support Zone: This area often acts as a strong buying pressure point, hinting at where to consider entering trades.
4ïžâŁ Market Strategy: It's usually more advantageous to go with the bullish momentum of the main trend rather than against it.
Aim to trade with the trend for a smoother path to profit đ”đŒ#Learn to earn $BTC
Click and Earnđ±
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X' Quality content creators
If you're willing to learn about cryptos, you may search for content to enhance your trading experience.There is a lot of shit out there! There are even more bad guys lurking for your hard earned money.So let me share my favorite creators! They teach a lot of important basics and share their thoughts on many projects. They where more then just a big help for my crypto career. They are legends!On X (the old blue bird) you'll find:CryptoJelleNL & crypto_birb: for insights and thoughts$BTC and other coins.CryptoMichNL: Many insights and sometimes analysis on request. Let him now your favorite coins and double check your strategy! KoroushAk: Learn trading, many many helpful advices and help to learn this complex market.kararesurrect: My kind of mental coachPlease be very careful on X, the bad guys wait behind every good account. Do not expose yourself, if you don't need to. Stay safe!Thanks for reading. I hope you enjoy my stuff. Let me know with a little sign!#Write2Earn #StaySafe #Learn
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#BinanceSquare #Web3 #CryptoTalks #ftx #Learn
Happy Sunday.
Today being a Sunday I barely trade, I just go to church and later spend the day with my wife and daughter, but today! I sat on my charts and saw a set up I couldn't resist. It ticked all my marks and damn my Gut was all in.
$JASMY laid bare and just wanted to be traded. In my Trading view it's perfect but I have let the trade run and see how it goes in my account. Be safe and DYOR.
Goodnight and don't forget to drink some coffee.
Jesus Loves you all.
$PEOPLE $PEPE #Learn
Today being a Sunday I barely trade, I just go to church and later spend the day with my wife and daughter, but today! I sat on my charts and saw a set up I couldn't resist. It ticked all my marks and damn my Gut was all in.
$JASMY laid bare and just wanted to be traded. In my Trading view it's perfect but I have let the trade run and see how it goes in my account. Be safe and DYOR.
Goodnight and don't forget to drink some coffee.
Jesus Loves you all.
$PEOPLE $PEPE #Learn
ĐĄĐżĐŸŃŃĐ”ŃŃгаŃŃĐž ŃŃĐŸĐłĐŸĐŽĐœŃ Đ·Đ° ĐșŃŃŃĐŸĐŒ $ENA Ń ĐŽŃĐčŃĐŸĐČ ĐČĐžŃĐœĐŸĐČĐșŃ, ŃĐŸ ĐżŃĐŸĐŽĐ°ĐČĐ°ŃĐž ŃŃ Đ±ŃĐ»ĐŸ ĐżŃĐ°ĐČОлŃĐœĐžĐŒ ŃŃŃĐ”ĐœĐœŃĐŒ. ĐĐ° Ń
ĐČĐžĐ»Ń Ń
Đ°ĐčĐżŃ ĐŒĐŸĐœĐ”ŃĐ° ĐČпДĐČĐœĐ”ĐœĐŸ ĐčŃла ĐČĐłĐŸŃŃ, алД Đ· ĐżĐŸŃĐ»Đ°Đ±Đ»Đ”ĐœĐœŃĐŒ Đ”ĐœŃŃĐ·ŃĐ°Đ·ĐŒŃ ĐœĐ°ĐżŃŃĐŒĐŸĐș ĐșŃŃŃŃ Đ·ĐŒŃĐœĐžĐČŃŃ. Đ ŃĐ” ĐżŃĐž ŃĐŸĐŒŃ, ŃĐŸ ŃŃĐŸĐłĐŸĐŽĐœŃ Đ±ŃĐČ ĐłĐ°ŃĐœĐžĐč ĐŽĐ”ĐœŃ ŃĐș ĐŽĐ»Ń $BTC, $ETH ŃĐ° Đč Đ·Đ°ĐłĐ°Đ»ĐŸĐŒ ĐŽĐ»Ń ĐșŃОпŃĐŸĐČĐ°Đ»ŃŃĐž. ĐĐČŃŃĐœĐŸ ŃŃĐ°ĐČĐžŃĐž Ń
ŃĐ”ŃŃ ĐœĐ° ŃŃĐč ĐŒĐŸĐœĐ”ŃŃ Ń ĐœĐ” збОŃĐ°ŃŃŃ, алД ŃŃ ŃĐžŃŃĐ°ŃŃŃ - гаŃĐœĐžĐč ĐżŃĐžĐșлаЎ ŃĐŸĐłĐŸ, ŃĐŸ ĐżĐŸŃŃŃĐ±ĐœĐŸ ŃĐ°Ń ĐČŃĐŽ ŃĐ°ŃŃ ŃŃĐșŃŃĐČĐ°ŃĐž ĐżŃОбŃŃĐŸĐș.
#Write2Earnâ
#Learn
#Write2Earnâ
#Learn
#BOND/USDT
#First #Learn and then #Earn
Entry for Spot or Long with low leverge.
Entry points (3.65 to 3.70)
Targets!
4.00
4.25
4.50
and 5.00
#First #Learn and then #Earn
Entry for Spot or Long with low leverge.
Entry points (3.65 to 3.70)
Targets!
4.00
4.25
4.50
and 5.00
âą Recompensa recibida â
$CVP
âą Por participar en Lee y gana đ
âą @Binance Academy / @PowerPool
#Learn
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âą Por participar en Lee y gana đ
âą @Binance Academy / @PowerPool
#Learn
#Academy
LIVE
TIGRE_48
--
âą Lee đ y gana đđČ$CVP
âą Recompensas para incentivar el aprendizaje
âą @Binance Academy / @PowerPool
#Learnandearn
#Binance
âą Recompensas para incentivar el aprendizaje
âą @Binance Academy / @PowerPool
#Learnandearn
#Binance
What are the benefits of cryptocurrencies over traditional currencies?
Cryptocurrencies are digital assets available to everyone and independent of central banks. You can use them to pay for some goods and services or easily send them to different countries.
Unlike traditional currencies, cryptocurrencies are not regulated by central banks and tend to be more resistant to inflation. The security of cryptocurrency transactions is enhanced by sophisticated algorithms, and digital assets can be used almost anywhere in the world. Cryptocurrency is convenient to pay for some purchases and services, as well as to transfer funds to relatives or friends in other countries.
The first cryptocurrency, Bitcoin, was created back in 2009. It gave a boost to the rapid development of digital assets and is now in the 1st place among all cryptocurrencies.
You can quickly and safely buy, sell or exchange Bitcoin and other cryptocurrencies in a Wallet.
#Write2Earn #TrendingTopic #Learn #CryptoNewbie $BTC $ETH $BNB
Cryptocurrencies are digital assets available to everyone and independent of central banks. You can use them to pay for some goods and services or easily send them to different countries.
Unlike traditional currencies, cryptocurrencies are not regulated by central banks and tend to be more resistant to inflation. The security of cryptocurrency transactions is enhanced by sophisticated algorithms, and digital assets can be used almost anywhere in the world. Cryptocurrency is convenient to pay for some purchases and services, as well as to transfer funds to relatives or friends in other countries.
The first cryptocurrency, Bitcoin, was created back in 2009. It gave a boost to the rapid development of digital assets and is now in the 1st place among all cryptocurrencies.
You can quickly and safely buy, sell or exchange Bitcoin and other cryptocurrencies in a Wallet.
#Write2Earn #TrendingTopic #Learn #CryptoNewbie $BTC $ETH $BNB
If You Want To Be A Millionaire In Crypto: A Simple Guide đ
Frist of all remember 1 thing Bitcoin $BTC was only $0.5 in 2011.
1. Learn First đ
- Dive into crypto basics before investing. Understand blockchain technology, how cryptocurrencies work, and the market dynamics. Knowledge is your best weapon against bad decisions!
2. Invest in Trends đ
Follow market trends to maximize returns. In the 2021 bull run, Metaverse and Gaming were the hot sectors. Recently, the focus has shifted to AI and Real World Assets. Study these trends and invest accordingly.
3. Check Out Project Fundamentals and Team đ
- Investigate the fundamentals of the projects youâre interested in. Look into the team behind the project.
4. Check Out History đ
- Study the past performance of cryptocurrencies. History often repeats itself, and understanding market cycles can help you predict future trends.
5. Never Invest All Money đžđ«
- Donât put all your money into crypto. Diversify your investments to manage risk better. Remember, itâs a volatile market, and things can change rapidly.
6. Never Buy High, Sell Low đđ
- Avoid the common mistake of buying at peak prices and selling during dips. Instead, aim to buy low and sell high. Patience and timing are crucial.
7. Never Panic đ±
- Crypto markets can be extremely volatile. Donât let fear drive your decisions. Stay calm, do your research, and stick to your strategy.
8. Network and Connect đ€
Join crypto communities, attend events, and network with other investors. Sharing insights and experiences can provide valuable perspectives and opportunities.
9. Golden Rule: HODL đ
- Hold on for dear life! Many millionaires made their fortunes by holding onto their investments through market fluctuations. If you believe in a projectâs long-term potential, HODL.
10.Great Things Take Time âł
You can't become rich in a day, a month, or even a year. Building wealth in crypto takes time, patience, and perseverance.
#Cryptocommunity #Learn #BullRunAhead #trading
Frist of all remember 1 thing Bitcoin $BTC was only $0.5 in 2011.
1. Learn First đ
- Dive into crypto basics before investing. Understand blockchain technology, how cryptocurrencies work, and the market dynamics. Knowledge is your best weapon against bad decisions!
2. Invest in Trends đ
Follow market trends to maximize returns. In the 2021 bull run, Metaverse and Gaming were the hot sectors. Recently, the focus has shifted to AI and Real World Assets. Study these trends and invest accordingly.
3. Check Out Project Fundamentals and Team đ
- Investigate the fundamentals of the projects youâre interested in. Look into the team behind the project.
4. Check Out History đ
- Study the past performance of cryptocurrencies. History often repeats itself, and understanding market cycles can help you predict future trends.
5. Never Invest All Money đžđ«
- Donât put all your money into crypto. Diversify your investments to manage risk better. Remember, itâs a volatile market, and things can change rapidly.
6. Never Buy High, Sell Low đđ
- Avoid the common mistake of buying at peak prices and selling during dips. Instead, aim to buy low and sell high. Patience and timing are crucial.
7. Never Panic đ±
- Crypto markets can be extremely volatile. Donât let fear drive your decisions. Stay calm, do your research, and stick to your strategy.
8. Network and Connect đ€
Join crypto communities, attend events, and network with other investors. Sharing insights and experiences can provide valuable perspectives and opportunities.
9. Golden Rule: HODL đ
- Hold on for dear life! Many millionaires made their fortunes by holding onto their investments through market fluctuations. If you believe in a projectâs long-term potential, HODL.
10.Great Things Take Time âł
You can't become rich in a day, a month, or even a year. Building wealth in crypto takes time, patience, and perseverance.
#Cryptocommunity #Learn #BullRunAhead #trading
đȘ· 1 Trade for Today đȘ·
$FTM Explain the SL BP TP on the comment section.đȘ·I focused on #Learn for free & Earn More.đȘ·If you love my contents then feel free for Tips.đȘ·#tip #LearnAndEarn $BTC $SOL #BinanceTournament #BinanceSquare
đŁïžđ„Best crypto indicators for scalping
đThe best indicators for scalping cryptocurrencies typically include:
1. Exponential Moving Average (EMA): A fast-responding moving average that helps identify trends and potential support/resistance levels.
2. Relative Strength Index (RSI): Measures the speed and magnitude of price changes to identify overbought and oversold conditions.
3.Bollinger Bands: A volatility indicator that helps determine potential breakout points and market entry/exit points.
4. Stochastic Oscillator: A momentum indicator that identifies trend reversals and potential entry/exit points.
5. Moving Average Convergence Divergence (MACD): Helps identify trend direction and momentum changes.
6. Volume Profile: Analyzes trading volume to identify areas of strong support and resistance.
7. Fibonacci Retracement Levels: Identifies potential support/resistance levels and entry/exit points based on the Fibonacci sequence.
These indicators can be used individually or in combination to inform scalping strategies and improve trading outcomes
#Learn #bitcoinhalving #SHIB
đThe best indicators for scalping cryptocurrencies typically include:
1. Exponential Moving Average (EMA): A fast-responding moving average that helps identify trends and potential support/resistance levels.
2. Relative Strength Index (RSI): Measures the speed and magnitude of price changes to identify overbought and oversold conditions.
3.Bollinger Bands: A volatility indicator that helps determine potential breakout points and market entry/exit points.
4. Stochastic Oscillator: A momentum indicator that identifies trend reversals and potential entry/exit points.
5. Moving Average Convergence Divergence (MACD): Helps identify trend direction and momentum changes.
6. Volume Profile: Analyzes trading volume to identify areas of strong support and resistance.
7. Fibonacci Retracement Levels: Identifies potential support/resistance levels and entry/exit points based on the Fibonacci sequence.
These indicators can be used individually or in combination to inform scalping strategies and improve trading outcomes
#Learn #bitcoinhalving #SHIB
Let's help the Newbies and we can also Learn from this #HotTrends
If you could go back to when you know nothing about #crypto
What would #Learn #Relearn and #Unlearn
#Write2earn
If you could go back to when you know nothing about #crypto
What would #Learn #Relearn and #Unlearn
#Write2earn