QUIZ CRYPTO BASIC

A Candlestick represent a guide to draw trendlines.

A Candlestick represent support and resistance so a trader can take profitable trades.

A Candlestick represents a scenario of the market whether a bullish market or bearish.

A Candlestick is a representation of a certain timeframe.

1 and some times 2

ZERO

4 only

TEN

A bullish candle is open high and closes low and a bearish candle is open low and closes high

A bullish candle is open low and closes high and A bearish candle is open high and closes low

A candlesticks have similar bodies and whicks.

None of the above.

Wax and Glass

Body and Wink

Body and Green color

All of the above

12 candles

8 candles

6 candles

16 candles

Movement of the price over time.

Helps to build signals like entry and exit point.

It is the form of technical analysis.

All of the above

None of the above

Up/Down trend, Correction and Retest

Consolidation, Up/Downtrend and Reverse.

Up/Down trend, Consolidation and Retracement.

Breakout, Counter Trend and Reverse.

A trader would look for sell opportunities during uptrend and buy opportunities during downtrends.

A price have broken the previous resistance and trader took position at that point and price continue to move up.

The market is taking break from a long run

Price are move in a defined pattern and a highly fundamental news can moves it up/down.

A minor pullback

A Retracement are temporary in nature and do not indicate a shift in the large trend.

Both of A and B

A movement of price in between a low and high, and price is staying between a support and resistance.

No there should be a break out needed for counter trade.

Counter trade is a part of reverse trading.

Yes we can, by looking to patterns forming on the chart.

None of the above.

A impulsive down move from resistance, breaking the two support level after the retrancement?

A price have broken the previous resistance and trader took position at that point and price continue to move up.

Market pumped again to its previous support or resistance and then a pullback after retracement.

A and C