Here we go…
First:
Note to yourself: Trading is a very own field of work. You have to learn and improve as much as in every other job, too.
To begin, understand the structure of the chart.
Go on www.tradingview.com and search for your favourite cryptocurrency pair and get started!
Try to get an eye for the chart movement, what does it mean when a candle is green/ red, big or small?
How fast can price action change, how much volume prints which candle etc… Play with the charts. Get used to them.
Always wait for a “Candle Close” to say it is a green or red candle. (Candle Close = the moment the candle is closed and the next candle begins, always depends on the time frame you are looking at. 1Hour means every hour prints a candle, 15 minutes, each 15 minutes will print a candle and so on…)
Always keep in mind, trading is based on probabilities, especially in the cryptocurrency world – you have to be very careful when trading.
Next step will be to draw the first lines, use the first indicators and let the show begin.
Love, cryptoleen.
For more: Visit ask-cryptoleen.com
