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Technical Analysis | Classic Reversal Pattern: "Head and Shoulders Pattern"
Hello everyone! Today I’d like to share a classic concept from the field of technical analysis—the "Head and Shoulders Pattern." It is commonly used to analyze potential changes in market trends and is for learning and discussion purposes only. 💡
【What is the Head and Shoulders Pattern?】
It is a pattern that may appear on price charts, named for its resemblance to a person’s head and two shoulders.
Head and Shoulders Top: Sometimes appears after an uptrend.
Head and Shoulders Bottom (Inverse): Sometimes appears after
Mahab01vip
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Selling an order at a low price! Or my journey to the first magical chime of “ding”!
I’m describing this here in as much detail as if I were explaining to my 85-year-old father how to use a button phone—from A to Z—because for him, this device is something strange and unearthly, and I have to take a pen and paper and write everything out step by step.
Preparing the order for sale: description from top to bottom.
My journey on the exchange starts as usual: I open the app and tap on the blue circle with arrows labeled “TRADE.” It’s on the home screen, in the bottom panel, right in the center among the five sections:
1. Home.
2. Futures.
3. Trade.
4. Earn.
5. Assets.
The third button is exactly what you need to sell.
After tapping, I’m taken to a page where things get real: green “BUY” and red “SELL.” And even though I sometimes want to buy something else interesting, this time I discipline myself and choose the option that matches my goal—selling NUMI.
At the top of the screen I see the trading pair—two coins separated by a slash. Here, I change the first coin to NUMI, and select $USDT as the second. You could, of course, choose GT or ETH, but I need USDT, so I select it from the list. The NUMI/USDT pair is set—now I can continue.
1. SPOT.
First, I check that SPOT is selected.
Yes, this is important: we’re not in futures, not using leverage, not in anything that could make me poorer—just spot, calm and predictable trading.
2. SELL.
Next, I confirm that the mode selected is SELL.
After all, we came to sell NUMI, so it all makes sense.
3. LIMIT.
The next step is selecting the order type. I choose Limit because it has a lower fee and, most importantly, I can set my own price.
And who wouldn’t want to get a little more, right?
4. Price.
In the “Price” field, I set the value for one NUMI.
In my case, it’s 0.075 USDT per token.
Yes, ambitious. Yes, I may have to wait. But desire is a serious thing, and I honestly set the price I want to get.
5. Amount.
In this field, I specify the amount of NUMI I want to sell.
You can enter it manually or use the slider with five circles—it’s very visual. But I choose manual because I like precision and control.
6. Total.
Here, the amount I’ll receive if the order is filled at my price is displayed automatically. For me, it’s 11.11 USDT—a symmetric, slightly magical number.
If fate likes nice numbers, maybe it’ll sell faster, right?
7. Available.
In the “Available” section, I see the amount of NUMI available for sale.
In my case: 148.17 NUMI.
That’s the amount I can confidently list.
8. Sell.
After I’ve completed all the previous steps, checked every field, and once again told myself, “Yes, I’m really doing this,” I tap “SELL.”
A confirmation window appears: “Order Confirmation NUMI/USDT,” “sell!” in red, and a full list of my settings.
At the bottom—a black window with white text “Confirm.”
I tap it.
That’s it. I’ve officially sent my order out to sea.
I’m taken back to the trading page, and I see the message: “Order placed successfully.” A little lower—there’s the “Orders (1)” tab. That’s where my order is quietly waiting its turn—and its buyer.
When someone buys it, that beautiful sound—the “ding”—will ring out, and I’ll get a notification of a successful sale.
Summary: at this stage, the preparation process is complete, and now the hardest part is left—waiting.
Honestly: if I’d set a lower price, it would have sold long ago.
But I want a little more!
So let it hang there, and I’ll watch, learn, and at the same time sell—or rather, try to sell—my cherished order.
I promise a follow-up—when I hear that long-awaited “ding.”
And I sincerely thank my patient crypto teachers, who explain everything to me and lead me forward.
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Technical Analysis | Classic Reversal Pattern: "Head and Shoulders Pattern"
Hello everyone! Today I’d like to share a classic concept from the field of technical analysis—the "Head and Shoulders Pattern." It is commonly used to analyze potential changes in market trends and is for learning and discussion purposes only. 💡
【What is the Head and Shoulders Pattern?】
It is a pattern that may appear on price charts, named for its resemblance to a person’s head and two shoulders.
Head and Shoulders Top: Sometimes appears after an uptrend.
Head and Shoulders Bottom (Inverse): Sometimes appears after
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Technical Analysis | Classic Reversal Pattern: "Head and Shoulders Pattern"
Hello everyone! Today I’d like to share a classic concept from the field of technical analysis—the "Head and Shoulders Pattern." It is commonly used to analyze potential changes in market trends and is for learning and discussion purposes only. 💡
【What is the Head and Shoulders Pattern?】
It is a pattern that may appear on price charts, named for its resemblance to a person’s head and two shoulders.
Head and Shoulders Top: Sometimes appears after an uptrend.
Head and Shoulders Bottom (Inverse): Sometimes appears after
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