Trading on 3-minute candlestick charts can be a quick way to earn profits if you know the right patterns to follow. Here’s a simple strategy:
Patterns to Watch:
Indicates strong upward momentum—ideal for buying near support.
2. Bearish Engulfing:
Signals downward pressure—great for shorting near resistance.
3. Doji Candles:
Shows indecision; use with indicators like RSI for breakout predictions.
Quick Steps to Profit:
1. Set Up:
Use Binance’s 3-minute chart and add RSI or Moving Averages.
2. Identify Entry Points:
Look for patterns near key support/resistance levels.
3. Execute:
Enter trades with tight stop-loss and a 1:2 risk-to-reward ratio.
With discipline and practice, you could earn $50 in minutes. Ready to start? Dive into Binance’s advanced tools now!
