Basic video on how to read candlestick charts.
If you are an expert you might as well skip it ;-)
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Charting could be very difficult sometimes for an amateur trader sincerely. I have been trading for almost one whole year and I can't brag about being perfect with it. You can still make money from trading bitcoin while learning, you can trade live with Rob beyer ( [email protected] .com) everyday . I have been doing this for 5 months and I am doing better than most professional traders out there. thank me later .
I just jump into this crazy shit. And after watching my 1,500USD go down to 1,050USD, I thought I'd better learn something quick. This ain't monopoly money, folks. But with everybody watching the candlesticks, I mean, wtf? I made my very first buy - sold BTC for XRP. Not sure if I did good or bad, but I'm having fun!
I stay longer on candlestick charts with a risk management strategy called *The Blended Model Strategy* created by Dmitry Vladislav. Stop losses are ridiculous but take profits are good. £820 profit daily as a day trader is never a bad deal when it comes consistently. Google this strategy on internet now, get connected and develop your trading patterns with good ideas. it's really great.
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So basically there are two types of gaps also keep in mind that charts only record transactions and not the actual price
1) A gap means there wasn't any transactions in that time period. You will see this for tokens that aren't very popular.
2) again for tokens that aren't popular: low liquidity means the price variations will be great so the candlesticks might not touch
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