When you see or listen to crypto trading. a question comes to your mind how and where I should learn about crypto and how I become able to earn money through crypto you watch many videos and you read many articles but you can't find the right way where to start and where I can learn but today you are very lucky if you learn this article give you all the answers then you have in your mind about trading and crypto so read it completely. if you want to learn crypto then there are 2 things that are important.
pic by google1 what chart is telling you:
when you see a chart of trading crypto then you do not what is doing here you do not know what happens next see this chart
These green and red things you are watching on the screen is called they are candle sticks
Now if you learn what these candles are what is the message they give you
These candles will tell you what will happen next. so learn
Candlesticks first.
if you learn candlesticks then you have done 40 percent work.
and now you can easily earn from trading many questions which are circulating in your mind will be clear
candle sticks are very easy to learn there is no rocket science in candles. but please learn from a good source you need only 20 minutes to understand candlesticks.
The second most important thing is called technical analysis
Technical analysis: Picture result for specialized investigation
Specialized examination is an exchanging discipline utilized to assess speculations and distinguish exchanging open doors value patterns and examples seen on graphs. Specialized examiners accept past exchanging actions and value changes of security can be significant marks of the security's future cost developments.
Technical analysis consists of many things but an important one I will mention here so you can read from here and go and study these.
to earn money.
Support and Resistance: the most important factor is if you practice this and you are able to draw support and resistance in a good way then 40 percent of your work is done. click here to learn more about support and resistance and in see this picture and draw support and resistance like this.
Trend lines: The trend line is mostly the time you listen to that trend is your friend in the crypto market if you learn and become good to trace the trend then most time you become successful in the trade. Trend lines also act as Support and Resistance. so please go and study trend lines and how to draw these trend lines.
Order Block: Order block is the best ever strategy that I have learned and seen on the charts many times remember one thing you make a profit and you also do some mistakes . you don't always make money some time you lose so if you learn order to block you have 90 per chance to get bigger moves and more good opportunities.
Price action and indicators:
I will tell you one thing which is very important for new beginner traders listen every time you go on youtube you see many thumbnails may people write 99 percent accuracy of indicators so never click on these videos I will suggest to you that these are totally fake and lie they are saying. because if you discuss with a professional trader how many times you earn money and how much time you lose money they also tell you 60 to 80 percent of times you earn money from the market but you also lose money because no one is 100 percent accurate in the market so I will advise you that please read this. about risk management and also read this, 5 common trading mistakes.
Please read these articles also because both articles help you to how to control your losses. the main idea of saying that always learn price action strategies, not indicator strategies. a little example for you if you change the value of an indicator it will tell you other results mean changing the value will change the result so you can also lose money so do not use indicator use only legit indicators I only prefer you to use volume profile or related to volume indicators and use only price action to make money easily.
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