🕯️ 1. Candlestick Basics
Each candle shows:
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Open price – where BTC started
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Close price – where BTC ended
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High – highest price
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Low – lowest price
Green candle → price went up
Red candle → price went down
📈 2. Trend Analysis (Most Important)
🔼 Uptrend (Bullish)
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Higher highs + higher lows
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Buyers are strong
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Best strategy: Buy on dips
🔽 Downtrend (Bearish)
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Lower highs + lower lows
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Sellers dominate
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Best strategy: Sell or wait
↔️ Sideways (Range Market)
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Price moves between support & resistance
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Best strategy: Buy near support, sell near resistance
🧱 3. Support & Resistance
🟢 Support
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Price level where BTC stops falling
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Strong buying zone
🔴 Resistance
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Price level where BTC stops rising
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Strong selling zone
📌 Rule:
Once resistance breaks → it becomes new support
📉 4. Trendlines
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Draw line connecting lows (uptrend)
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Draw line connecting highs (downtrend)
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If trendline breaks → trend may change
📊 5. Volume Analysis
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High volume + breakout = strong move
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Low volume breakout = fake move possible
📌 Always confirm price with volume
📐 6. Popular Indicators (Easy)
🔹 RSI (Relative Strength Index)
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Above 70 → Overbought (price may fall)
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Below 30 → Oversold (price may rise)
🔹 Moving Averages (EMA / SMA)
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Price above MA → bullish
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Price below MA → bearish
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50 EMA & 200 EMA are very important
⚠️ 7. Fake Breakout vs Real Breakout
✔️ Real breakout:
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Strong candle
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High volume
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Closes above resistance
❌ Fake breakout:
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Low volume
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Candle rejects quickly
🧠 8. Simple Bitcoin Trading Logic
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Trend is your friend
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Never trade against strong trend
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Use Stop Loss
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Risk only 1–2% per trade