Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: Angkoolart10 on June 24, 2018, 06:57:45 AM

Title: Candlestick Pattern in the Market?
Post by: Angkoolart10 on June 24, 2018, 06:57:45 AM

BASIC CANDLESTICK PATTERN

A candlestick chart (also called Japanese candlestick chart) is a style of financial chart used to describe price movements of a security, derivative, or currency. Each "candlestick" typically shows one day, thus a one-month chart may show the 20 trading days as 20 "candlesticks".[1] Shorter intervals than one day are common on computer charts, longer are possible.

It is like a combination of line-chart and a bar-chart: each bar represents all four important pieces of information for that day: The open, the close, the high and the low. Being densely packed with information, they tend to represent trading patterns over short periods of time, often a few days or a few trading sessions.[2]

Candlestick charts are most often used in technical analysis of equity and currency price patterns. They are similar to box plots.


here's the sites:
http://www.tradingportalen.com/dokument/21candlesticks.pdf
http://www.tradersclass.net/downloads/candlestickbook.pdf
http://www.gftcaribbean.com/members/wp-content/uploads/GFT-Candlesticks-Formation-cheat-sheet-1.pdf
http://www.tradesmartu.com/external/files/Candlestick-Pattern-Reference-Guide.pdf
you can also download it directly

If you all of that you can apply your knowledge about candlestick here's the site: https://www.tradingview.com/chart/?symbol=BITFINEX:BTCUSD.

oh! :o by the way if you want to know more about Technical Analysis just try to search other tools. and try it in any demo platform in Forex world to Master the trend.

Note. Investment is not easy like what you think, its a combination of Hard-work, Patient, Technique and Time to developed your Skills.
 
Title: Re: Powerful Candlestick Pattern!
Post by: bityndye on June 24, 2018, 07:54:35 AM
Candlesticks pattern is a big help so that you will understand what is happening in the market. It gives you a story of who is dominating the market whether its the bulls or bears or it is neutral and along with volume, there is a higher possibility of knowing when would the price go next. Thank you for the links OP!
Title: Re: Powerful Candlestick Pattern!
Post by: bityndye on June 24, 2018, 07:56:15 AM
Candlesticks pattern is a big help so that you will understand what is happening in the market. It gives you a story of who is dominating the market whether its the bulls or bears or it is neutral and along with volume, there is a higher possibility of knowing when and where would the price go next. Thank you for the links OP!
Title: Re: Candlestick Pattern in the Market?
Post by: Angkoolart10 on June 30, 2018, 10:23:40 AM
Candlestick give Us early information if where the price going that's why i recommend to everyone to learn this tools to increase there profit.
Title: Re: Candlestick Pattern in the Market?
Post by: altcoingamer on July 03, 2018, 07:04:51 AM
Helpful post... awarded Karma because I think the links will be helpful to people just starting out... keep posting quality work like this.
Title: Re: Candlestick Pattern in the Market?
Post by: Angkoolart10 on July 03, 2018, 08:11:27 AM
Helpful post... awarded Karma because I think the links will be helpful to people just starting out... keep posting quality work like this.

Thank you for appreciating my post  and thank you for your gift.  I will improved my post to help much easier to understand for everyone who want to trade.
Title: Re: Candlestick Pattern in the Market?
Post by: dalaganicole on July 05, 2018, 04:54:02 PM
Since before I was really want to learn about trading and how the candlestick movement, I don't why but this what I want to do.
Title: Re: Candlestick Pattern in the Market?
Post by: cryptothief on July 06, 2018, 11:39:06 PM
Candlesticks are great indicators of market patterns. Especially helpful for determining sizes of daily ranges to pick out potential swing trades, some coins can bounce up and down throughout the day, but end up settling close to opening prices. These are ideal for picking through for some hidden gems that you wouldn't necessarily notice otherwise. I'll have to check out a couple of those links and go through in a bit more detail. I set up an account on tradingview a while back and it's a great resource, but need to spend more time on there to see any real benefit.
Title: Re: Candlestick Pattern in the Market?
Post by: sturec22 on July 11, 2018, 06:29:09 PM
Before this bear market I used to keep track of candle patterns for each of my trades.

These last weeks were really hard, actually most of the indicators are really misleading these days... Maybe it s because the market is really manipulated..
To sum up candle patterns are really cool and need to be analyzed all the time. Thanks for the links
Title: Re: Candlestick Pattern in the Market?
Post by: Speaker on September 17, 2018, 08:24:12 PM
Before this bear market I used to keep track of candle patterns for each of my trades.

These last weeks were really hard, actually most of the indicators are really misleading these days... Maybe it s because the market is really manipulated..
To sum up candle patterns are really cool and need to be analyzed all the time. Thanks for the links
Japanese candlesticks and all other technical analysis indicators do not work on the cryptocurrency market.And the fault here is manipulation.No one navyarnyaka will not know the shape of manipulation of prices, agree ?