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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: RothsCoin on March 21, 2018, 04:03:09 AM



Title: Candlestick charts in coin trading
Post by: RothsCoin on March 21, 2018, 04:03:09 AM
Investors usually use technical analysis as a measuring tool of price movements in order to predict future market trends. Through the price chart, investors can analyze consumer psychology and trends to make investment decisions.
The candles (http://rothscoin.io/) in the chart are used to describe price movements (Increase or decrease), the highest price, the lowest in a certain period. Therefore, if you want to improve your coin trading techniques, learning about candles is a “must”. Here are some types of candles chart that you should check out:
- Standard candle
- Marubozu candle
- Spinning top candle
- Three-white-soldiers (Pattern of 3 upward candlesticks)/ Three-black-crows (Pattern of 3 downward candlesticks)
- Bearish Engulfing & Bullish Engulfing candle
- Hammer & Hanging-man candle
- Inverted hammer & shooting star candle.
#RothscoinTeam (http://rothscoin.io/)