Hello everyone, ** STEEMTRADERS **
My #steemit friends
My name is @freecreative greetings in the previous post, I had not read the rules of the community and I am editing this information, and step by step I understand how to work in steemit, they have placed new things more organized.}} Here I leave this informative blog about the trading task performed by the master

---

---

Candlestick Chart Analysis

@stream4u

What is a chart pattern?

Chart Pattern is the sequence of liquidity between supply and demand that fluctuates over time, exercising one of the past average plus the present average resulting in a future average, the most common candle in patterns are the doji.

#steemitcryptoacademy in 4h chart, creating a sar parabola in 4h will break easily, in sync with btc

• IOTABTC
  DMI shows ADX entry below scale with interest on a buy share, testing support

_{This Chart Created From tradingview.com}

^{https://w3w.co/piña.punto.minuto}

What is a price break?

A price break occurs when the low of a high is higher than the previous one, giving a resistance break.

If the liquidity is above the resistance, the price will break the resistance, giving rise to a new maximum to the previous one, generating a break that still has to be tested with a pull back.

• Price levels occur between resistances and supports

What is a continuation pattern?

A continuation pattern is the potential investment zones, when the patterns are repeated in the graphs we find ZPI in the graph above we can see a next continuation of IOTA

What is a higher education superior?

_{This Chart Created From tradingview.com}

crypto currency charts where the Upper Upper Formation was identified.

What is a low bottom formation?

It is found when the price does not exceed the previous resistance and there is a high minimum

_{This Chart Created From tradingview.com}

What is a double top pattern?

the price tests again but there is no liquidity present for the price action to be present, therefore, since there is no interest in buying at higher prices, the price weakens and seeks support in order to gain liquidity

_{This Chart Created From tradingview.com}

What is an investment pattern?

_{This Chart Created From tradingview.com}

Inversion pattern Shoulder head Shoulder HCH

What is a double bottom pattern?

_{This Chart Created From tradingview.com}

Double-bottom pattern occurs when the second bounce is greater than the previous one, giving way to a support. or a point for placing a stop loss

In investment and trade

What is the importance of the stop level (STOPLOSS)?

• The use of the stoploss must be at the hand of a break even,

Break even is the minimum exit price that is programmed to exit without loss, that is, when you buy you spend a trading fee. in binance it is 0.09.

If I buy at $ 1 I have to place my stop above $ 1 leaving $ 1.09 my exit which is almost 0.1%

Where to find and how to configure a Stoploss?

The stop losses are important but if we are starting a trend and we already have an accumulation in our bacged, the best we can use is a trailing stop, which as we go up the supports in the previous support we place a stop limit to avoid losing a profit

_{This Chart Created From tradingview.com}

What was understood from this course? / Conclution.

The accumulation, trend and distribution are presented as patterns in all projects, their price is relative thanks to their market capital, the entire trading process.

never risk more than you are willing to lose.

@stream4u Master, thank you that I found it
#cryptopattern #stream4u-week3

---

---

#Acknowledgments

Leadership
@steemcurator01 ADMIN
@steemcurator02 MOD
@steemcurator03
@steemcurator04
@steemcurator05
@steemcurator06