Category: Trading

Often Cryptocurrency traders look at the candlestick patterns to determine whether a market is bullish or not. They are visually appealing and easy to understand. They are called candlesticks because they are shaped like a rectangle with long lines similar to a wick on either end. They show how the market has reacted to a crypto, and when you study them over time, you can see patterns that show whether or not it is a bullish market. Take a look at the following five bullish candlestick patterns.

Cryptocurrency is all over the Internet, and it is easy for just about anyone with an Internet connection and a little bit of money to start trading. Sometimes people jump in and stick with a rising star because they think it is going to make them a millionaire. Unfortunately, that is rarely the way it works out. Take a look at the top 10 things to avoid while trading cryptocurrencies.