Market analysis from WhiteBIT
Hello, traders! 🔥 The MACD (Moving Average Convergence Divergence) indicator is one of the most trusted tools in technical analysis — but often one of the most oversimplified. While many traders focus on signal line crossovers, the real power of MACD lies in its ability to visualize market momentum, subtle shifts in trend strength, and early signs of potential...
Hello, traders! 🦾 This cheat sheet provides a comprehensive overview of the most widely used technical analysis indicators. It is designed to support traders in analyzing trends, momentum, volatility, and volume. Below, you’ll find a handy screenshot of this Cheat Sheet that you can save and peek at whenever you need a quick, friendly refresher on your trading...
Hello, traders! ✍🏻 Understanding a chart isn't about predicting the future — it’s about recognizing what’s already happening. Whether you're evaluating a Bitcoin breakout or watching a new altcoin pump, technical chart analysis is one of the most powerful tools traders use to make sense of price movements. But how exactly do you read a technical analysis chart?...
Hello, traders! 👋🏻 If price action had a way of saying, “HOLD MY BEER, I’M NOT DONE YET,”— it would be through a flag pattern. This classic continuation setup is where strong trends take a breather before launching their next move. Whether you're seeing a bullish flag chart pattern or a bearish flag pattern, you’re looking at a market that’s just catching its...
Hello, traders! Let’s face it — price charts can feel overwhelming at first. Red. Green. Wicks. Shadows. Bodies. It’s like abstract art for traders. But once you understand candlestick pattern trading, you’ll start to see structure in the chaos—and maybe even profit from it. Candlestick patterns are one of the most popular tools in technical analysis. They...
Some patterns scream for attention, while others sneak up on traders who aren’t looking closely. The diamond pattern is one of those sneaky ones — a formation that hints at a brewing reversal but requires a sharp eye to catch. Let’s dive into this pattern, how it forms, and the best strategies for effectively trading diamond top and bottom patterns. What Is a...
Hello, Traders! 👋🏻 Let’s be honest — wouldn’t it be great if the market had clear signs that screamed, “Hey! The downtrend is over!”? Well, sometimes, it hints. One of those signals is the hammer candlestick pattern — a small but mighty formation that can indicate a shift in momentum. But before you grab a hammer and start breaking things when the market dips,...
Hello, Traders! 👋🏻 Have you ever noticed a market attempting to break through the same resistance level twice, only to fail both times? This formation is known as the double top pattern and often signals a potential bearish reversal. But is a double top bullish or bearish across all markets? Let’s dive into the meaning of the double top pattern and how to...
Hello, Traders! Have you ever noticed price action forming three peaks, with the middle one standing taller than the others? If so, you’ve spotted the head and shoulders pattern, one of technical analysis's most well-known and reliable reversal patterns. Whether you’re trading stocks, forex, or crypto, the head and shoulders chart pattern can provide...
Some patterns scream for attention, while others sneak up on traders who aren’t looking closely. The diamond pattern is one of those sneaky ones—a formation that hints at a brewing reversal but requires a sharp eye to catch. Let’s dive into what this pattern looks like, how it forms, and the best strategies for effectively trading diamond top patterns and diamond...
Hello, Traders! If you've been in crypto long enough, you’ve probably heard the term alt-season — that exciting period when altcoins significantly outperform Bitcoin (BTC), and the market sees massive rallies across smaller assets. But how do you know when an alt-season is about to begin? There are key alt-season indicators that traders watch to spot...
Hello, Traders! A crypto airdrop is a marketing strategy blockchain projects use to distribute airdrop tokens directly to users’ wallets, often for free. Crypto airdrops have been a part of the cryptocurrency ecosystem since the early days of blockchain. For example, the 2017 Bitcoin Cash (BCH) airdrop remains one of the most significant moments in...
Hello, Traders! Yes, we know that we’re not in math class, but have you ever noticed triangles forming on your trading charts? These aren’t random shapes — they’re symmetrical triangle patterns, and they hold some of the market’s best-kept secrets. Think of them as the market’s way of hitting “pause” before making its next big move. These patterns might look...
Hello, Traders! 👋 Finding powerful reversal signals in a downtrend can be challenging, but what if a pattern was so visually striking that it's almost impossible to miss? Enter the bullish engulfing pattern – one of technical analysis's most reliable reversal signals. Today, we'll explore everything you need to know about the bullish, engulfing candlestick...
Hello, Fellow Traders! 👋 Finding reliable reversal signals in the market can feel like searching for a needle in a haystack. The constant questions of: "Is this really the bottom?" or "Should I enter now?" often leave us second-guessing our decisions. That's where the piercing line candlestick pattern comes in – a powerful tool that can help you identify...
Hello, Traders! 👋🏻 Timing the market is one of the most complicated challenges for any trader. The constant question of “Is this the right time to buy?” or “Should I wait for a better price?” creates hesitation and often leads to missed opportunities – or worse, emotional decisions. That’s where Dollar Cost Averaging (DCA) comes in. DCA meaning? Rather than...
Hello, Traders! 👋🏻 Have you ever noticed those peaks and valleys at the bottom of your trading charts? Like tiny mountains rising and falling, they seem to reflect the market’s heartbeat 🩺. But what do they actually mean? Think of them as the market’s thermometer — showing you when it’s overheated or cooling down. This tool is none other than the Relative...
Hello, Traders! Bitcoin continues to trend upward! Do you know Satoshi Nakamoto's original idea for the leading crypto? It is a fact that Bitcoin was first referred to as “electronic cash,” highlighting its purpose as a means of everyday payment. When BTC first appeared in 2009, its creator, Satoshi Nakamoto, had a clear goal: to create a digital currency that...