$ETH, $RIVER, $BEAT——Today, let's break down the candlestick analysis and explain it clearly. Don't wait any longer; the practical trading ideas are right here.



Many people treat candlesticks as mere decorations, but in fact, they are the market's way of speaking. You need to understand what they are saying—where the direction is, where the bottom is, and where the opportunities are.

**First, look at the overall trend.** Consecutive bullish candles with closing prices moving upward indicate an uptrend, a good time to buy the dip and go long. Conversely, consecutive bearish candles with prices moving downward show a downtrend, and rebounds should be considered for short positions. Simply put, follow the trend to survive; going against it is a sure way to fail.

**Next, identify key levels.** If the price repeatedly stops falling at the same level, that's support; if it repeatedly fails to break through the same level, that's resistance. Near support levels, if you see hammer or engulfing patterns, it's time to buy low; at resistance levels, if you see volume spikes with stagnation or hanging man patterns, it's the right moment to short. Remember: levels always matter more than patterns.

**Then, combine volume and price action.** A true breakout in an uptrend requires volume to increase; a rebound on low volume is often a trap. In a downtrend, increasing volume indicates strong selling pressure; decreasing volume suggests a potential rebound. Trading without volume is like courting disaster.

**Finally, use patterns and indicators for confirmation.** Common bottom signals include hammer, morning star, and bullish engulfing; in strong trends, watch for the three white soldiers. Moving average golden crosses and MACD golden crosses are just references, not guarantees for entry.

**And this last point is crucial:** always plan your exit before entering a trade. Orders without stop-losses will eventually be returned to the market.

In summary, follow four principles: follow the trend, respect key levels, trade lightly to test positions, and strictly set stop-losses. If beginners master these four points, their survival rate will at least double.
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ser_we_are_ngmivip
· 01-06 07:20
It's the same theory again. It's not wrong to say, but how many actually make money? I just want to ask the brother who set the stop-loss: he's still holding after a 30% drawdown.
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ApeDegenvip
· 01-06 07:08
You're right, the key is still to stay alive. I've experienced the loss of not setting a stop-loss before, and it was really disastrous.
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LiquidatedDreamsvip
· 01-05 04:39
There's nothing wrong with that, but those who can truly survive are still the ones willing to cut losses. Most of the retail investors get wiped out by the phrase "wait a little longer."
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DegenDreamervip
· 01-03 07:47
That's right, stop-loss is truly a matter of life and death. I've seen too many people lose everything because they didn't set a stop-loss, and they still don't understand why.
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GweiWatchervip
· 01-03 07:46
It's the same old story, going with or against the trend... But honestly, the part about stop-loss really hit home. How many people just get wiped out because they don't have an exit plan?
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GlueGuyvip
· 01-03 07:35
Stop-loss is truly a matter of life and death; I've seen too many people die because they couldn't let go.
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MysteriousZhangvip
· 01-03 07:30
Stop-loss is really an art of cutting losses; many people get stuck because they are unwilling to admit defeat.
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bridgeOopsvip
· 01-03 07:21
Talking about stop-losses so aggressively, how come some people go all-in on a single trade and get wiped out?
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