Knowing chart patterns helps you buy in and sell out in the right times.
I don't encourage anyone to day trade, but even for medium to lung run holdings, entry point plays an important role.
bears and bulls
These are normal bullish and bearish signs and patterns.
For example:
Shooting stars are bearish signs
and
Hammers are bullish signs.
How to trade?
When you spotted one of these patterns, wait for the next candle; hammers should be at the bottom of a down trend and shooting stars vice versa.
Upon confirmation on next candle, you can open a long postion (or short for shooting star)
If you are watching a weekly chart, you may need to wait for couple of weeks. If you are on a daily chart, couple of days and so on.
Good luck and mind your trades, with your own responsibility 🤞😉
The purpose of this blog is just giving you awareness and knowledge, not financial advice.
For the moment I have just invested and planning to hold for some months, but I was thinking on doing some day trading with a portion of money at some time so I will come with questions. Lots of them, because I want to do it properly.
It's valuable information though what you're sharing.
Thank you my friend 👍 i suggest you to trade some of your BTC to top 30 altcoins and back to BTC
since your holding plan seem to be right 🤞
I actually own ripple.
XRP scares me somehow. Be careful 🤞
And why not reducing risk holding different coins?
I'm more like all-in poker players. Why does it scares you?
I said XRP scares me cause it is not ripple. Ripple's strength is in the banking service they sell which is completely separated from XRP.
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chashm
hatman
Dude I guess you need to eat more warm food.
Didn't take that long dude!
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There will be a lot of interesting!
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your last one hundred comment was same!
But this time, i won't flag you
Yes, he is a spammer
so deep! :)
What is usually more reliable signals, is that if a bullish signal does not turn into a bullish stretch; is that the situation is more bearish than expected.
What do you think of Presearch, for now it's just a project but I think it can be successful. I use it to earn some tokens, I put the refer link in case you're interested too. Thank you
hi, thank you for referring. I will look at it soon and get back to you ti chat about
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lotf darid, mamnoon misham zire poste be zabane khodesh comment bedid.
salam. hatman. az in be bad be zaboone khodesh cm mizaram