How to Trade with Bullish Marubozu Candlestick

in crypto •  7 months ago 

How to Trade with Bullish Marubozu Candlestick:

IMG_20240520_230501_927.jpg

  1. Spot the Marubozu: Appears right after a sideways zone, signaling strong buying pressure and potential start of an uptrend. 📈

  2. Volume Confirmation: A high volume Marubozu indicates serious buyer commitment. 🔄

  3. Entry Point: Consider entering at the close of the Marubozu or on a slight pullback. 🚪

  4. Stop Loss: Set it below the low of the Marubozu to protect your trade. 🛑

  5. Take Profit: Aim for a high reward with a risk-reward ratio of 1:2 🎯

This candle can signal a powerful move ahead, so be ready to act✔️

crypto bitcoin altcoins chart bullrun knowledge tradingtip
7 months ago by
105.16 BLURT
  • Past Payouts 105.16 BLURT
  • - Author 39.44 BP
  • - Curators 65.72 BP
7 votes $0.11
1
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE BLURT!
Sort Order:  
  • Trending
    • [-]
      ·  7 months ago  ·  

    Upvoted. Thank You for sending some of your rewards to @null. Read my last posts to make sure that BLURT burning is profitable for you. Before using this bot please make sure your account has at least 100 BP. Get more BLURT:

    @ mariuszkarowski/how-to-get-automatic-upvote-from-my-accounts

    @ blurtbooster/blurt-booster-introduction-rules-and-guidelines-1699999662965

    @ nalexadre/blurt-nexus-creating-an-affiliate-account-1700008765859

    @ kryptodenno - win BLURT POWER delegation

    Note: This bot will not vote on AI-generated content

    0.00 BLURT
      $0.00