🚨Learn these candles so you never face any losses💥👇👇
Upward swallow
Description: A small red candle followed by a larger green candle that engulfs it completely.
- Significance: Shows strong buying interest, indicating a potential bullish reversal at the end of a downtrend.
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downward scavenging
Description: A small green candle is overtaken and completely engulfed by a larger red candle.
- Significance: Reflects prevailing selling pressure, indicating a potential bearish reversal after an uptrend.
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dark cloud cover
Description: A green candle followed by a red candle that opens above its midpoint and closes below it.
- Importance: Indicates selling pressure and a possible downward reversal after an upward trend.
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Cloud Penetration (Ichimoku)
Description: Price breaks above or below the Ichimoku cloud.
- Significance: Indicates an upward trend if it breaks upward, or a downward momentum if it breaks downward, indicating a change in trend.
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Top of the clips
Description: Two candles with similar highs form after an uptrend.
- Importance: Resistance and weak buying momentum appear, indicating a possible downward trend reversal.
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Bottom of the clamps
Description: Two candles with similar lows appear after a downtrend.
- Importance: Indicates strong support and suggests a possible trend reversal towards the upside.
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Harami is rising
Description: A large red candle followed by a smaller green candle enclosed within the body of the red candle.
- Significance: It shows a decline in selling pressure, which may indicate a reversal of the trend towards the upside at the end of a downtrend.
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Harami is falling
Description: A large green candle followed by a small red candle enclosed within its body.
- Significance: Reflects a decline in buying interest, suggesting a possible downward reversal after an uptrend.
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Partition pattern
Description: The candles appear divided or indecisive, indicating a transition in the market.
- Significance: May precede a breakout or continuation; traders should look for confirmation.
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rising counterattack
Description: The second candle opens below the previous close and closes near its open, after a downtrend.
- Importance: Indicates the entry of buyers, suggesting a possible trend reversal towards the upside.
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Downward counterattack
Description: After an uptrend, the second candle opens higher but closes near the previous close.
- Importance: Shows selling pressure at resistance, which may indicate a downward shift.
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Flying stocks
Description: Two consecutive candles moving in the same direction.
- Importance: It represents strong momentum, suggesting a continuation of the current trend.
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Understanding these candlestick patterns can help identify trend reversals, momentum, and potential entry or exit in trades.
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The total value of all cryptocurrencies has now crossed $3 trillion, as reported by CoinGecko on November 12. Right now, the market stands at $3.0029 trillion, which is a 2.9% increase in just one day. This shows that more people are getting interested in cryptocurrencies and investing in them, leading to a big rise in their value.
This growth is happening because of many reasons, such as more big companies investing in cryptocurrencies, new technology making them better, and more people accepting digital money in regular financial systems. As the market keeps growing, experts are keeping an eye on how changes in rules and the market itself might affect future trends. Investors should stay updated to understand the risks and chances of investing in cryptocurrencies.
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