Description
Welcome to the Crypto Trading Group podcast, your go-to weekly guide on how to become a successful cryptotrader! Each week, we dive into the latest trends in the crypto market, providing in-depth analysis and updates to help you stay ahead. Whether you're just starting out or looking to sharpen your trading skills, this podcast is packed with valuable insights to boost your crypto journey.
Be sure to follow us on X at @CryptoRebel4 for even more tips and updates throughout the week.
Disclaimer: This podcast is for educational purposes only. Trading cryptocurrencies comes with risk, and any trades you make are done at your own risk. Always do your own research before making any financial decisions.
Now, let’s get into lesson 9 of "how to become a cryptotrader!"
Market structure refers to the sequence of highs and lows in the price of a cryptocurrency. It helps traders understand how the price is currently moving and where it might go next.
A bullish market structure has higher highs and higher lows, indicating an upward trend. A bearish market structure has lower highs and lower lows, indicating a downward trend.
The podcast explains how to:
Identify swing highs and swing lows: These are important anchor points for determining market structure.Recognize breaks in the market structure (MSB): An MSB signals a possible trend reversal.Use MSBs for trading: The text discusses different ways to use MSBs as entry triggers for trades.The podcast also emphasizes the importance of confirming whether an MSB truly signals a trend reversal and is not just a temporary fluctuation.
Welcome to the Crypto Trading Group podcast, your go-to weekly guide on how to become a successful cryptotrader! Each week, we dive into the latest trends in the crypto market, providing in-depth analysis and updates to help you stay ahead. Whether you're just starting out or looking to sharpen...
Published 11/22/24
Welcome to the Crypto Trading Group podcast, your go-to weekly guide on how to become a successful cryptotrader! Each week, we dive into the latest trends in the crypto market, providing in-depth analysis and updates to help you stay ahead. Whether you're just starting out or looking to sharpen...
Published 11/20/24