The cryptocurrency market is often seen as a mysterious, high-risk world of volatility and uncertainty. But for those who know how to navigate its intricacies, it can offer life-changing opportunities. What if I told you that with just $100 and a well-crafted strategy, you could potentially turn it into nearly $180,000 in just 90 days? This is not just a claim—it's my story, and today, I’ll share the proven strategy that helped me achieve these explosive gains.

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The Starting Line: Humble Beginnings

Three months ago, I stood at a crossroads. With only $100 to spare, I decided to dive headfirst into the world of crypto trading. While others warned me of the risks, I knew that with the right approach, the potential rewards could be extraordinary. What followed was an intense, exhilarating journey that transformed my financial outlook forever.

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The Core of My Strategy: Discipline Meets Insight

At the heart of my success was a three-pronged strategy that anyone with the dedication to learn and act can replicate:

1. Research and Market Analysis
Before jumping into trades, I spent weeks studying market trends, analyzing historical data, and understanding the unique behaviors of various cryptocurrencies. Tools like Binance’s extensive trading charts, research reports, and news updates became my daily companions. This phase was critical—I wasn't just looking for opportunities; I was preparing for them.

2. The Power of Strategic Investments
While many newcomers make the mistake of diversifying too much or chasing hype, I focused on a targeted approach. Using Binance’s tools like Spot Trading, I carefully selected a handful of promising altcoins that showed potential for short-term growth. Projects with strong utility, innovative technology, and active communities were my primary picks.

3. Leveraging Advanced Features
This was the game-changer. I took full advantage of Binance’s advanced features like Futures Trading and Margin Trading, allowing me to amplify my gains. By carefully managing my risk—utilizing stop-loss orders and maintaining a strict risk-reward ratio—I maximized profits without overexposing myself to potential losses.

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A Key Factor: Timing the Market

They say you can’t time the market, but with the right tools and insights, you can certainly improve your odds. I used Binance’s Price Alerts and Market Data Analysis Tools to stay ahead of the curve. These features allowed me to identify breakout patterns and capitalize on them before they became mainstream.

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The Results: The Transformation of $100

Over the course of 90 days, my $100 investment grew exponentially. Strategic reinvestments, disciplined exits, and continuous learning turned small wins into massive gains. By the end of the third month, my portfolio had soared to nearly $180,000.

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Lessons Learned

1. Patience is Profitable
Success in crypto trading isn’t about constant activity; it’s about making calculated moves. Patience allowed me to wait for the right opportunities.

2. Risk Management is Key
Every trade involved a clear risk strategy. With Binance’s robust features, I set stop-loss limits and monitored my positions closely.

3. Continuous Learning Pays Off
The crypto market evolves rapidly. Staying informed about news, trends, and updates on Binance’s platform gave me a competitive edge.

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Why Binance Was My Platform of Choice

From low trading fees to a user-friendly interface, Binance was instrumental in my journey. It provided me with everything I needed: real-time market data, advanced trading features, and educational resources. Whether you're a beginner or an experienced trader, Binance offers tools that empower users to make smarter decisions.

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Your Journey Starts Here

The beauty of cryptocurrency is that it doesn’t discriminate. You don’t need a large initial investment or decades of experience. All you need is the willingness to learn, a platform like Binance, and a strategy tailored to your goals.

Are you ready to transform your financial future? Whether you’re starting with $10, $100, or $10,000, the possibilities are endless. Begin your journey with Binance today, and who knows? Your 90-day success story could be the next headline.

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Disclaimer: This article is for informational purposes only and should not be considered financial advice. Cryptocurrencies are highly volatile, and trading involves significant risks. Always conduct your own research before investing.
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A cheat sheet for candlestick patterns is a convenient tool, allowing you to quickly identify the patterns you see on a candlestick chart and whether they’re usually interpreted as bullish or bearish patterns.

Our candlestick pattern cheat sheet will help you with your technical analysis. For example, the candlestick patterns included in the cheat sheet can help you identify reversal signals, bullish and bearish candle types and more.

If you find it more convenient to print out your learning materials, here’s our printable candlestick patterns cheat sheet in PDF form.

Download PDF

Candlestick chart basics

A candlestick chart is a type of price chart used to describe the price movements of stocks, derivatives, commodities, cryptocurrencies and other tradeable assets. Candlestick charts trace their origins back to Japan, most likely in the late 1800s. 

Today, candlestick charts are commonly used, even by traders and investors who are not necessarily trying to analyze candlestick patterns. If you go to a website like TradingView or check a cryptocurrency’s price on a crypto exchange, the default chart style will most likely be a candlestick chart.

Candlestick charts provide several points of information on what happened to the price of an asset in a specified time interval. 

Each candlestick is divided into three sections — The body, the upper shadow, and the lower shadow. The body of the candlestick tells us the opening and closing price of the selected time interval. 

In the shadow sections, we can see the highest and lowest prices achieved during the time interval. The shadow sections are also sometimes called “wicks”. For example, you might have heard crypto traders say something like “Did you guys see that massive BTC wick on Binance?”. 

In most cases, a candlestick where the close is lower than the open is colored red, while a candlestick where the close is higher than the open is colored green. Some charts can use a different scheme, but the important thing to understand is that any candlestick chart will have a visual way of distinguishing between bearish and bullish candles.

We can clearly explain how candlestick charts work using a simple example. Let’s say that that we are looking at a candlestick chart for the Bitcoin price that uses a 1 hour interval.

For the sake of simplicity, let’s say that we begin recording the price at 12:00 PM, when the price of Bitcoin is at $30,000. Right after the start of the candle, the Bitcoin price drops to $29,800. Then, it recovers and reaches a peak of $33,500. Finally, the price of Bitcoin drops a bit and is at $30,200 by 13:00 PM. 

Here’s the information our candle will display after we move on to the next candle:

Open: $30,000

Close: $30,200

High: $33,500

Low: $29,800

Since our candle’s close is higher than its open, it will be colored green.

Important candle types

Now, let’s take a look at some important candle types. We’ll be covering the Doji, Hammer and Shooting star candle types. Of course, there’s also other types of candles, and the candle types can be subdivided further into more specific categories.

Doji

A Doji candle is a candle with a very small body. In other words, it’s a candle where the open and close prices are very close together. Doji candles are typically interpreted as signaling a trend reversal. Sometimes, it’s also analyzed as a sign of indecision in the market.

There’s several different types of Doji candles — examples include the Dragonfly Doji, the Gravestone Doji and the long legged Doji.

Hammer

The Hammer candle is a type of candle that’s usually interpreted as signaling a bullish price reversal. The Hammer candle has a long lower wick, a small body, and a small (or no) upper wick. You might have noticed that the Dragonfly Doji and the Hammer look quite similar. The difference between the two is that Hammer candles have a larger body.

Shooting Star

The Shooting Star is a candlestick that is characterized by a long upper wick, a short (or no) lower wick, and a relatively small body. It is usually interpreted as a bearish candlestick, as it tells us that the price rose significantly during the time interval, but was eventually pushed back towards its open price.

Candlestick patterns

Now, let’s go through a selection of some of the most commonly analyzed candle patterns.

Bullish candlestick patterns

Hammer

Bullish engulfing pattern

Piercing line

Inverted hammer

Morning star

Morning doji star

Bullish harami

Bullish engulfing cross

Bullish belt hold

Three white soldiers

Bullish meeting line

Tower bottom

Three stars in the south

Bearish candlestick patterns

Hanging man

Bearish engulfing pattern

Dark cloud

Shooting star

Evening star

Evening doji star

Bearish harami

Bearish harami cross

Bearish belt hold

Upside gap two cross

Three black crows

Bearish meeting line

Dumpling top

Tower top

Advance block

Bearish breakaway

Things to keep in mind when you’re analyzing candlestick patterns 

If you’re just getting started with analyzing candlestick patterns, it’s not recommended to apply your analysis to real trades. Trading is difficult and risky already, and there’s no reason to increase the risk even further by trying to apply a skill that you haven’t mastered yet.

Instead, you should use a platform that offers a demo trading mode, or simply analyze price charts on platforms like TradingView and try to predict how the market will play out based on its current candlestick patterns. This approach will give you a risk-free way to learn candlestick patterns at your own pace. 

Also, you should keep in mind that analyzing candlestick patterns is far from an exact science. Patterns that are considered bullish are not always followed by positive price action, and the reverse is true for patterns generally regarded as bearish.

As you spend more time analyzing the charts, you’ll become better at identifying contexts in which you can apply your knowledge of candlestick chart patterns with confidence, and contexts in which the conventional wisdom of candlestick chart analysis might not be the most suitable. 

The bottom line

Candlestick pattern analysis could certainly help you take your trading to the next level. However, it takes some time to become comfortable with this kind of chart analysis, which is why it’s not recommended to put your capital at risk while you’re learning. Hopefully, our candlestick cheat sheet has provided a good starting point in your jearney to master candlestick analysis. 

If you’re also interested in other styles of technical analysis, make sure to check out our introduction to forex line trading.