🎉 Gate.io Growth Points Lucky Draw Round 🔟 is Officially Live!
Draw Now 👉 https://www.gate.io/activities/creditprize?now_period=10
🌟 How to Earn Growth Points for the Draw?
1️⃣ Enter 'Post', and tap the points icon next to your avatar to enter 'Community Center'.
2️⃣ Complete tasks like post, comment, and like to earn Growth Points.
🎁 Every 300 Growth Points to draw 1 chance, win MacBook Air, Gate x Inter Milan Football, Futures Voucher, Points, and more amazing prizes!
⏰ Ends on May 4, 16:00 PM (UTC)
Details: https://www.gate.io/announcements/article/44619
#GrowthPoints#
"When I Buy the Market Drops... When I Sell the Market Rises": How to Escape This Vicious Cycle
You are not alone. The feeling of prices dropping after you buy and skyrocketing after you sell – anyone who plays crypto or trading has experienced this. It sounds like the "universe is playing tricks on you", but the truth is it's not bad luck, but rather entering the order at the wrong time. Most new traders tend to FOMO buy right when the price hits resistance, or panic sell immediately when the price hits support – inadvertently going against the market trend. The solution lies not in reacting emotionally to the market, but in identifying early signs of trend reversals. 🔍 5 Strong Reversal Candle Patterns (4-Hour Frame)
1️⃣ Engulfing – Bullish / Bearish It is a large candle completely engulfing the previous candle. Bullish Engulfing: Appears after a downtrend → may reverse upwards. Bearish Engulfing: Appears after an uptrend → may reverse downwards.
2️⃣ Morning Star / Evening Star The 3 candle pattern signals that the market is "running out of steam". Morning Star: Bearish candle → small body candle ( hesitating ) → strong bullish candle = BUY signal. Evening Star: Bullish candle → small body candle → strong bearish candle = SELL signal.
3️⃣ Hammer & Inverted Hammer Having a long beard at the bottom and a small body → indicates that the buying side is starting to counterattack. Appearing at the end of a downtrend = Bullish reversal signal.
4️⃣ Shooting Star
In contrast to the hammer candle. Small body, long upper wick → indicates strong selling pressure when the price rises. Appearing at the peak of an uptrend = Bearish reversal signal.
5️⃣ Doji Candle (Indecision Candle) The opening and closing prices are very close to each other, with a very small candle body. This indicates indecision, with no clear dominance from buyers or sellers. If it appears at the end of a trend, it is necessary to wait for the next candle to confirm a reversal. ✅ How to Avoid "Buying at the Peak - Selling at the Bottom"? Wait for Confirmation: A candle pattern is not enough – always need the next candle to confirm the trend. Check Trading Volume: The real trend is accompanied by large volume. Use Support & Resistance: Do not buy when the price is at resistance, do not sell when the price is at support. Patience: Good opportunities are always reserved for those who know how to wait for the right moment.
👉 Final message: The next time you plan to FOMO an order because of a "feeling of certainty," take a moment to pause. Open the 4H chart, check the candlestick patterns, support – resistance levels, and trade with logic, not emotions.