What Is a Heikin-Ashi Chart and How to Trade with It
The Heikin-Ashi chart is a technique used for seeing the price action with more clarity and less “noise“. Mainly because its calculation comes from the average pace of prices. Therefore, providing the opportunity to spot market trends clearly and eventually better predict the future prices.
Best of all?
The Heikin-Ashi is reliable in the sense where it allows the traders to better translate the trends on candlestick charts. And help you to find good entry points through the displays of potential reversals or breakout. When applying the Heikin-Ashi in crypto trading, it helps users to critically analyze the intense market volatility into valuable information. That’s also because it helps define and highlight the state of the market with objectivity and provides a solid base to establish an investment commitment.
In fact, if the Heikin-Ashi patterns (such as wedges, triangles, and doji) are used in conjunction with the knowledge of the state of a trend, the results are quite impressive.
Here are the main concepts that will help you understand the Heikin-Ashi candles. Perhaps, also some useful trading strategies using the Heikin-Ashi to help you make your first pot of gold.