Any information or source about how to read candle sticks? Some few traders are able to take advantage of recent bitcoin ups and downs, e.g 8800- 9000 bitcoin movement and they have been making gains from this ups and down, any info will be appreciated thanks
Candlestick patterns are very useful in trading just check youtube and babypips.com there are many valuable resources related to how to use them in trading bitcoin pay attention to hammer, bullish or bearish engulfing bars and host of others once mastered coupled with one or two indicator you good to go in your trading journey.
And this has been very helpful for all the traders, there are even traders who are just using the candle stick reading to predict and analyze the market, they are already aware what will happen and most of the time they are right regarding it. I used this too together with RSI and MACD for more confirmation.