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Fluctuations in financial markets are not merely the result of economic data or quantitative analysis; they are, to a large extent, a reflection of collective human emotions. Emotions such as fear, greed, hope, and indecision are the main drivers of these movements. These emotions manifest directly and visually in the form, size, and color of candlesticks.
For example, a very long red candlestick body is an indication of aggressive selling, often driven by fear or panic in the market. In contrast, a long green body signals strong buying pressure, which may be the result of optimism or greed, as traders rush to enter the market
#HODLTradingStrategy
#psicotrading #velasjaponesas.
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For example, a very long red candlestick body is an indication of aggressive selling, often driven by fear or panic in the market. In contrast, a long green body signals strong buying pressure, which may be the result of optimism or greed, as traders rush to enter the market
#HODLTradingStrategy
#psicotrading #velasjaponesas.
$BTC
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🚨LEARN THIS CANDLES THEN YOU WILL NEVER FACE LOSSES✅👇
Master These Candlestick Patterns to Trade Like a Pro! 📊🔥
Candlestick patterns are powerful tools for spotting trend reversals and market sentiment. Learn these key patterns to improve your trading accuracy:
#### 1. Engulfing Patterns
Key Trait: The current candle’s body completely "engulfs" the previous candle’s body.
- Bullish Engulfing (📈): Forms after a downtrend—small red candle followed by a larger green candle. Signals strong buying pressure and a potential upward reversal.
- Bearish Engulfing (📉): Appears after an uptrend—small green candle followed by a larger red candle. Indicates rising selling pressure.
#### 2. Consecutive Engulfings → Order Blocks
Key Trait: Two or more engulfing candles in a row suggest institutional activity.
- Bullish Order Block: Multiple green engulfings = strong buying interest (support zone).
- Bearish Order Block: Repeated red engulfings = heavy selling (resistance zone).
💡 Pro Tip: Order blocks often act as high-probability support/resistance areas!
#### 3. Doji Candles – The Market’s Indecision
Key Trait: Open and close prices are nearly equal (tiny or no body).
- Star Doji ⭐: Indecision—watch for reversals.
- Dragonfly Doji 🐉: Bullish reversal signal (long lower wick).
- Gravestone Doji ⚰️: Bearish reversal (long upper wick).
- Spinning Tops 🌀: Small body with long wicks—market hesitation.
#### 4. Long-Tailed Candles – Rejection & Reversal Signals
Key Trait: Long wicks show price rejection.
- Hammer 🔨: Long lower wick after a downtrend = bullish reversal.
- Inverted Hammer ⏫: Long upper wick, needs confirmation (bullish potential).
- Shooting Star 🌠: Long upper wick after an uptrend = bearish reversal.
- Hanging Man ☠️: Looks like a hammer but after an uptrend—bearish warning.
#### 5. Tweezers – Double Confirmation
- Bullish Tweezer ✌️: Two candles with matching lows after a downtrend.
- Bearish Tweezer 👎: Matching highs after an uptrend—possible reversal.
Bonus Insight 🚀
Higher timeframes = More reliable signals!
Daily, weekly, or monthly candlestick patterns carry stronger weight than shorter timeframes.
Final Thoughts
Mastering these patterns helps traders spot reversals early, manage risk, and enter/exit trades with confidence. Whether you're a beginner or a pro, adding candlestick analysis to your strategy can make a huge difference!
Found this helpful? Like, share, and comment! ❤️
#TradingTips #CandlestickPatterns #MarketReversals #BinanceSafetyInsight #BinanceAlphaPoints
Candlestick patterns are powerful tools for spotting trend reversals and market sentiment. Learn these key patterns to improve your trading accuracy:
#### 1. Engulfing Patterns
Key Trait: The current candle’s body completely "engulfs" the previous candle’s body.
- Bullish Engulfing (📈): Forms after a downtrend—small red candle followed by a larger green candle. Signals strong buying pressure and a potential upward reversal.
- Bearish Engulfing (📉): Appears after an uptrend—small green candle followed by a larger red candle. Indicates rising selling pressure.
#### 2. Consecutive Engulfings → Order Blocks
Key Trait: Two or more engulfing candles in a row suggest institutional activity.
- Bullish Order Block: Multiple green engulfings = strong buying interest (support zone).
- Bearish Order Block: Repeated red engulfings = heavy selling (resistance zone).
💡 Pro Tip: Order blocks often act as high-probability support/resistance areas!
#### 3. Doji Candles – The Market’s Indecision
Key Trait: Open and close prices are nearly equal (tiny or no body).
- Star Doji ⭐: Indecision—watch for reversals.
- Dragonfly Doji 🐉: Bullish reversal signal (long lower wick).
- Gravestone Doji ⚰️: Bearish reversal (long upper wick).
- Spinning Tops 🌀: Small body with long wicks—market hesitation.
#### 4. Long-Tailed Candles – Rejection & Reversal Signals
Key Trait: Long wicks show price rejection.
- Hammer 🔨: Long lower wick after a downtrend = bullish reversal.
- Inverted Hammer ⏫: Long upper wick, needs confirmation (bullish potential).
- Shooting Star 🌠: Long upper wick after an uptrend = bearish reversal.
- Hanging Man ☠️: Looks like a hammer but after an uptrend—bearish warning.
#### 5. Tweezers – Double Confirmation
- Bullish Tweezer ✌️: Two candles with matching lows after a downtrend.
- Bearish Tweezer 👎: Matching highs after an uptrend—possible reversal.
Bonus Insight 🚀
Higher timeframes = More reliable signals!
Daily, weekly, or monthly candlestick patterns carry stronger weight than shorter timeframes.
Final Thoughts
Mastering these patterns helps traders spot reversals early, manage risk, and enter/exit trades with confidence. Whether you're a beginner or a pro, adding candlestick analysis to your strategy can make a huge difference!
Found this helpful? Like, share, and comment! ❤️
#TradingTips #CandlestickPatterns #MarketReversals #BinanceSafetyInsight #BinanceAlphaPoints
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🕯️ Master Japanese Candlesticks: The Silent Language of Trading
Did you know that each candle on a chart is like a small story of the market? 📈 If you're starting in the world of trading, learning to read Japanese candlesticks can be the first step to stop guessing and start making informed decisions.
📊 What is a Japanese candle?
A candle represents the price movement of an asset over a time interval (for example, 1 hour, 1 day). Each candle shows you 4 key data points:
• Open
• High
• Low
• Close
📍 The body shows whether the price went up or down.
📍 The wicks or “shadows” reveal volatility.
🔍 How to interpret a candle:
• 🟩 Green candle (bullish): the price closed higher than it opened. Buyers were in control!
• 🟥 Red candle (bearish): the price closed lower. Sellers took control.
• 🔥 Candles with long wicks: indicate indecision or possible reversals.
⸻
🧠 Why are they important?
Candles form patterns that reveal market emotions: fear, greed, doubt…
Recognizing figures like the hammer, shooting star, or bullish engulfing can help you:
✔️ Detect trend changes
✔️ Confirm entries and exits
✔️ Avoid market traps
⸻
💡 Trader tip:
“It’s not just about looking at candles; it’s about understanding what the market is saying between the lines.”
⸻
📌 Remember: One candle is not everything. Combine them with volume, support/resistance, and overall context. That’s where the magic is! 🪄
⸻
💬 Do you already use candles in your analysis? What’s your favorite pattern?
Leave it in the comments and let’s share learnings among traders 🔁
#velas #Bitcoin2025 #trading #velasjaponesas.
Did you know that each candle on a chart is like a small story of the market? 📈 If you're starting in the world of trading, learning to read Japanese candlesticks can be the first step to stop guessing and start making informed decisions.
📊 What is a Japanese candle?
A candle represents the price movement of an asset over a time interval (for example, 1 hour, 1 day). Each candle shows you 4 key data points:
• Open
• High
• Low
• Close
📍 The body shows whether the price went up or down.
📍 The wicks or “shadows” reveal volatility.
🔍 How to interpret a candle:
• 🟩 Green candle (bullish): the price closed higher than it opened. Buyers were in control!
• 🟥 Red candle (bearish): the price closed lower. Sellers took control.
• 🔥 Candles with long wicks: indicate indecision or possible reversals.
⸻
🧠 Why are they important?
Candles form patterns that reveal market emotions: fear, greed, doubt…
Recognizing figures like the hammer, shooting star, or bullish engulfing can help you:
✔️ Detect trend changes
✔️ Confirm entries and exits
✔️ Avoid market traps
⸻
💡 Trader tip:
“It’s not just about looking at candles; it’s about understanding what the market is saying between the lines.”
⸻
📌 Remember: One candle is not everything. Combine them with volume, support/resistance, and overall context. That’s where the magic is! 🪄
⸻
💬 Do you already use candles in your analysis? What’s your favorite pattern?
Leave it in the comments and let’s share learnings among traders 🔁
#velas #Bitcoin2025 #trading #velasjaponesas.
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🚨Attention, Beginner Traders🚨
•Let's talk about two powerful confirmation candles that can seriously elevate your trading game:
1. Hammer Candle:
•Seen after a downtrend? Get ready! It is often an important signal that the price is about to surge.
(Hint: It looks like a small body with a long lower wick!)
2. Bullish Engulfing Candle:
•Two strong green candles that completely engulf the previous red candle — signaling a powerful reversal ahead!
•Note: The red candle has small wicks and a robust body
• classic setup during a downtrend.
•Additional Tip: In an uptrend, simply reverse the colors!
•Stay tuned — I will be sharing 4 confirmed personal trades every day!
•Follow for real-time setups and trading gems.
See you on the charts!
#BinanceAlphaAlert #traders #TraderAlert #Principiante #velasjaponesas. $BTC
$ETH
$SOL
•Let's talk about two powerful confirmation candles that can seriously elevate your trading game:
1. Hammer Candle:
•Seen after a downtrend? Get ready! It is often an important signal that the price is about to surge.
(Hint: It looks like a small body with a long lower wick!)
2. Bullish Engulfing Candle:
•Two strong green candles that completely engulf the previous red candle — signaling a powerful reversal ahead!
•Note: The red candle has small wicks and a robust body
• classic setup during a downtrend.
•Additional Tip: In an uptrend, simply reverse the colors!
•Stay tuned — I will be sharing 4 confirmed personal trades every day!
•Follow for real-time setups and trading gems.
See you on the charts!
#BinanceAlphaAlert #traders #TraderAlert #Principiante #velasjaponesas. $BTC
$ETH
$SOL
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What are Japanese Candles?
Japanese candles are a tool used to analyze price movements in financial markets. Their origin comes from Japan, where they were first used to track prices in the rice market. Today, they are very popular among traders and analysts because they offer a visual and clear way to understand what is happening with an asset.
What do they look like and what information do they provide?
Imagine a candle with a wick at each end. Each "Japanese candle" represents a period of time (it can be a day, an hour, etc.) and is composed of the following elements:
Body: It is the widest part of the candle. It indicates the opening and closing price during that period. If the body is green or white, it means that the price went up. If it is red or black, it means it went down. Wicks or shadows: These are the lines that extend above and below. They represent the maximum and minimum price reached during that time.
Why are they useful?
Japanese candles allow you to quickly see if the market is rising or falling, and they also show signals that help predict possible changes in trend. For example, if a candle has a long wick pointing down, it could indicate that buyers are entering the market and the price might rise.
A simple example
Suppose you are watching the price of a stock during a day. If the candle shows a green body with a small upper wick, it means that the price rose steadily and ended close to its highest point for that day. That information can help you understand the behavior of buyers and sellers of that stock.
Summary
Japanese candles are like a visual map of prices in the markets. With a little practice, they will help you analyze trends and make more informed decisions when investing. They are a key tool if you are interested in understanding the world of financial markets.
#velasjaponesas.
Japanese candles are a tool used to analyze price movements in financial markets. Their origin comes from Japan, where they were first used to track prices in the rice market. Today, they are very popular among traders and analysts because they offer a visual and clear way to understand what is happening with an asset.
What do they look like and what information do they provide?
Imagine a candle with a wick at each end. Each "Japanese candle" represents a period of time (it can be a day, an hour, etc.) and is composed of the following elements:
Body: It is the widest part of the candle. It indicates the opening and closing price during that period. If the body is green or white, it means that the price went up. If it is red or black, it means it went down. Wicks or shadows: These are the lines that extend above and below. They represent the maximum and minimum price reached during that time.
Why are they useful?
Japanese candles allow you to quickly see if the market is rising or falling, and they also show signals that help predict possible changes in trend. For example, if a candle has a long wick pointing down, it could indicate that buyers are entering the market and the price might rise.
A simple example
Suppose you are watching the price of a stock during a day. If the candle shows a green body with a small upper wick, it means that the price rose steadily and ended close to its highest point for that day. That information can help you understand the behavior of buyers and sellers of that stock.
Summary
Japanese candles are like a visual map of prices in the markets. With a little practice, they will help you analyze trends and make more informed decisions when investing. They are a key tool if you are interested in understanding the world of financial markets.
#velasjaponesas.
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SUPER EASY GUIDE TO JAPANESE CANDLESTICKS – Day 7 of my Binance diary
🟨 SUPER EASY GUIDE TO JAPANESE CANDLESTICKS – Day 7 of my Binance diary
Hello! I'm on day 7 of my Binance diary, learning about cryptocurrencies step by step. My goal is to share what I'm discovering so you and I can better understand this exciting world. Today we're going to talk about Japanese candlesticks, those little red and green bars you see on the price charts on Binance. At first, they seemed like just colors, but now I know each candlestick tells a story, just like the market itself. Let's get started!
Hello! I'm on day 7 of my Binance diary, learning about cryptocurrencies step by step. My goal is to share what I'm discovering so you and I can better understand this exciting world. Today we're going to talk about Japanese candlesticks, those little red and green bars you see on the price charts on Binance. At first, they seemed like just colors, but now I know each candlestick tells a story, just like the market itself. Let's get started!
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#velasjaponesas. #LearningTogether
The hammer pattern
The Hammer candlestick pattern is a bullish reversal pattern that indicates a possible change in price direction. It typically forms at the end of a downtrend and signals the possibility of an uptrend beginning. It is called "Hammer" because of its shape, which resembles a hammer with a long handle and a small head.
👀 What the Pattern Looks Like:
The Hammer pattern is formed by a single candle, which has the following characteristics:
Small Body: The body of the candle, which is the difference between the opening and closing prices, should be small. This body can be red (bearish) or green (bullish).
Long Lower Shadow: The most distinctive feature of a Hammer is its long lower shadow (wick). This shadow should be at least twice the length of the real body.
Little or No Top Shadow: Ideally, a Hammer should have little or no top shadow. If there is a little top shadow, it can still be considered a Hammer, but the absence of a top shadow is more ideal.
Position within a Trend: To be considered a Hammer, it must form after a downtrend. If the same shape appears after an uptrend, it is called "Hanging Man" and may be bearish.
The hammer pattern
The Hammer candlestick pattern is a bullish reversal pattern that indicates a possible change in price direction. It typically forms at the end of a downtrend and signals the possibility of an uptrend beginning. It is called "Hammer" because of its shape, which resembles a hammer with a long handle and a small head.
👀 What the Pattern Looks Like:
The Hammer pattern is formed by a single candle, which has the following characteristics:
Small Body: The body of the candle, which is the difference between the opening and closing prices, should be small. This body can be red (bearish) or green (bullish).
Long Lower Shadow: The most distinctive feature of a Hammer is its long lower shadow (wick). This shadow should be at least twice the length of the real body.
Little or No Top Shadow: Ideally, a Hammer should have little or no top shadow. If there is a little top shadow, it can still be considered a Hammer, but the absence of a top shadow is more ideal.
Position within a Trend: To be considered a Hammer, it must form after a downtrend. If the same shape appears after an uptrend, it is called "Hanging Man" and may be bearish.
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For people who still don't know what Japanese candles mean.
Japanese candles are a graphical way to represent how the price of something (like a cryptocurrency, stock, etc.) moves over a period of time. Each candle gives you four key pieces of information:
1. Open: The price at the beginning of the period.
2. Close: The price at the end of the period.
3. High: The highest price reached during that time.
4. Low: The lowest price reached.
The candle has two parts:
Body: The thick part. It represents the difference between the open and the close. If the close is higher than the open, the body is usually green (up). If the close is lower, it is usually red (down).
Wicks (or shadows): The thin lines above and below the body. They show how far the price reached (highs and lows).
In summary, a candle tells you how the price moved over a period, and by looking at them together, you can notice patterns that help you predict future movements. It's like reading the "mood" of the market!
#TopCoinsSeptember #velasjaponesas.
Japanese candles are a graphical way to represent how the price of something (like a cryptocurrency, stock, etc.) moves over a period of time. Each candle gives you four key pieces of information:
1. Open: The price at the beginning of the period.
2. Close: The price at the end of the period.
3. High: The highest price reached during that time.
4. Low: The lowest price reached.
The candle has two parts:
Body: The thick part. It represents the difference between the open and the close. If the close is higher than the open, the body is usually green (up). If the close is lower, it is usually red (down).
Wicks (or shadows): The thin lines above and below the body. They show how far the price reached (highs and lows).
In summary, a candle tells you how the price moved over a period, and by looking at them together, you can notice patterns that help you predict future movements. It's like reading the "mood" of the market!
#TopCoinsSeptember #velasjaponesas.
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🔸 Bullish and Bearish Candlestick Pattern Guide.
Identifying bullish and bearish candles on a Japanese candlestick chart is quite simple; they are primarily distinguished by their color and the relative position of the opening and closing prices. Here's how to recognize them:
Bullish Candles:
Color: They are usually represented in white or green. Some graphics allow you to customize the colors, but these are the most common.
Open-Close Relationship: The fundamental characteristic of a bullish candle is that the closing price is higher than the opening price during the time period represented by the candle.
Bullish Candles:
Color: They are usually represented in white or green. Some graphics allow you to customize the colors, but these are the most common.
Open-Close Relationship: The fundamental characteristic of a bullish candle is that the closing price is higher than the opening price during the time period represented by the candle.
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I show you some #patrones of #velasjaponesas.
1. **Hammer**: This candle has a short body at the top with a long wick down, suggesting a possible change to an uptrend if it is found after a downtrend.
2. **Hanging Man**: It is identical to the hammer in shape, but is found at the top of an uptrend, and can indicate a change to a downtrend.
3. **Bullish Engulfing**: It is formed when a small red candle is followed by a large green one that completely covers the body of the previous red candle, indicating a possible change to an uptrend.
4. **Bearish Engulfing**: This pattern occurs when a small green candle is followed by a large red candle that completely engulfs the body of the previous green candle, signaling a possible change to a bearish trend.
5. **Shooting Star**: It is characterized by a short body at the bottom with a long wick up. If it appears after an uptrend, it could indicate a change to a downtrend.
1. **Hammer**: This candle has a short body at the top with a long wick down, suggesting a possible change to an uptrend if it is found after a downtrend.
2. **Hanging Man**: It is identical to the hammer in shape, but is found at the top of an uptrend, and can indicate a change to a downtrend.
3. **Bullish Engulfing**: It is formed when a small red candle is followed by a large green one that completely covers the body of the previous red candle, indicating a possible change to an uptrend.
4. **Bearish Engulfing**: This pattern occurs when a small green candle is followed by a large red candle that completely engulfs the body of the previous green candle, signaling a possible change to a bearish trend.
5. **Shooting Star**: It is characterized by a short body at the bottom with a long wick up. If it appears after an uptrend, it could indicate a change to a downtrend.
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Ultra #velas #velasjaponesas.
🚨LEARN THIS CANDLES THEN YOU WILL NEVER FACE LOSSES✅👇
📈 More Bullish Candlestick Patterns
1. Marubozu (Strongest Bullish Signal)
- A solid green candle with no wicks.
- Indicates strong buying momentum throughout the session.
- Suggests a continuation of the uptrend.
2. Hammer
- Small body with a long lower wick.
- Appears at the bottom of a downtrend, signaling reversal.
- Shows that sellers pushed prices down, but buyers regained control.
3. Inverted Hammer
- Small body with a long upper wick.
- Occurs in a downtrend and indicates a possible bullish reversal.
- Buyers attempted to push prices higher, showing potential strength.
4. Spinning Top
- Small body with long upper and lower wicks.
- Represents market indecision.
- Can lead to trend continuation or reversal, depending on the next candle.
5. Doji
- Open and close prices are almost the same, forming a cross-like shape.
- Indicates market indecision; neither buyers nor sellers are in control.
- Needs confirmation from the next candlestick.
6. Dragonfly Doji (Weakest Bullish Signal)
- Open, close, and high prices are nearly the same, with a long lower wick.
- Signals potential reversal when appearing at the bottom of a downtrend.
---
📉 More Bearish Candlestick Patterns
1. Marubozu (Strongest Bearish Signal)
- A solid red candle with no wicks.
- Indicates strong selling pressure throughout the session.
- Suggests further downtrend continuation.
2. Shooting Star
- Small body with a long upper wick.
- Appears at the top of an uptrend, signaling a bearish reversal.
- Sellers rejected higher prices, pushing the price lower.
3. Hanging Man
- Small body with a long lower wick, resembling a hammer but appearing at the top of an uptrend.
- Signals potential bearish reversal, indicating that buyers are losing control.
4. Spinning Top
- Small body with long wicks on both sides.
- Represents indecision; can signal either a reversal or continuation.
- Needs confirmation from the next candlestick.
5. Doji
- Similar to a neutral Doji, where open and close prices are nearly the same.
- Indicates market hesitation and requires further confirmation.
6. Gravestone Doji (Weakest Bearish Signal)
- Open, close, and low prices are nearly the same, forming a long upper wick.
- Appears at the top of an uptrend, suggesting a potential reversal.
---
### 🔍 How to Use These Patterns in Trading?
- Stronger signals (Marubozu, Hammer, Shooting Star) require less confirmation from other indicators.
- Weaker signals (Doji, Spinning Top) should be combined with volume analysis, trendlines, and moving averages for better accuracy.
- Always confirm patterns with the next candlestick and additional technical indicators before making a trade.
By understanding the strength of single candlestick patterns, traders can make more informed decisions, improving their chances of success in the market.
If you found this post helpful, please like, share, and comment! Thank you! ❤️
#AmericanBitcoinLaunch #Saylor500KClub #BSCTradingTips #FTXrepayment #NavigatingAlpha2.0
1. Marubozu (Strongest Bullish Signal)
- A solid green candle with no wicks.
- Indicates strong buying momentum throughout the session.
- Suggests a continuation of the uptrend.
2. Hammer
- Small body with a long lower wick.
- Appears at the bottom of a downtrend, signaling reversal.
- Shows that sellers pushed prices down, but buyers regained control.
3. Inverted Hammer
- Small body with a long upper wick.
- Occurs in a downtrend and indicates a possible bullish reversal.
- Buyers attempted to push prices higher, showing potential strength.
4. Spinning Top
- Small body with long upper and lower wicks.
- Represents market indecision.
- Can lead to trend continuation or reversal, depending on the next candle.
5. Doji
- Open and close prices are almost the same, forming a cross-like shape.
- Indicates market indecision; neither buyers nor sellers are in control.
- Needs confirmation from the next candlestick.
6. Dragonfly Doji (Weakest Bullish Signal)
- Open, close, and high prices are nearly the same, with a long lower wick.
- Signals potential reversal when appearing at the bottom of a downtrend.
---
📉 More Bearish Candlestick Patterns
1. Marubozu (Strongest Bearish Signal)
- A solid red candle with no wicks.
- Indicates strong selling pressure throughout the session.
- Suggests further downtrend continuation.
2. Shooting Star
- Small body with a long upper wick.
- Appears at the top of an uptrend, signaling a bearish reversal.
- Sellers rejected higher prices, pushing the price lower.
3. Hanging Man
- Small body with a long lower wick, resembling a hammer but appearing at the top of an uptrend.
- Signals potential bearish reversal, indicating that buyers are losing control.
4. Spinning Top
- Small body with long wicks on both sides.
- Represents indecision; can signal either a reversal or continuation.
- Needs confirmation from the next candlestick.
5. Doji
- Similar to a neutral Doji, where open and close prices are nearly the same.
- Indicates market hesitation and requires further confirmation.
6. Gravestone Doji (Weakest Bearish Signal)
- Open, close, and low prices are nearly the same, forming a long upper wick.
- Appears at the top of an uptrend, suggesting a potential reversal.
---
### 🔍 How to Use These Patterns in Trading?
- Stronger signals (Marubozu, Hammer, Shooting Star) require less confirmation from other indicators.
- Weaker signals (Doji, Spinning Top) should be combined with volume analysis, trendlines, and moving averages for better accuracy.
- Always confirm patterns with the next candlestick and additional technical indicators before making a trade.
By understanding the strength of single candlestick patterns, traders can make more informed decisions, improving their chances of success in the market.
If you found this post helpful, please like, share, and comment! Thank you! ❤️
#AmericanBitcoinLaunch #Saylor500KClub #BSCTradingTips #FTXrepayment #NavigatingAlpha2.0
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✨What are candles on Binance? I'll explain it simply...
📱💻When you open a chart on Binance or any exchange, what you see are not "pretty drawings", they are Japanese candles!
Each candle tells you a story about the price of a cryptocurrency over a given time (for example, in 5 minutes, 1 hour, or 1 day..etc).
✅ What does a candle show?
Open: price at the beginning of the period
Close: price at the end of the period
High and low: the highest and lowest points reached during that time
🟩Green candle: the price went up (closed higher than it opened)
🟥 Red candle: the price went down (closed lower than it opened)
📊Body of the candle: difference between open and close
⬛Wicks (or shadows): how far the price went up or down in that interval
What is this for?
Candles help you to:
✔️ Detect if there are more buyers or sellers
✔️ See if the market is rising or falling
✔️ Predict movements based on patterns
🚨A candle doesn't tell everything. But many together tell the story of the market!
If you learn to read them, you stop guessing and start understanding. 📉📈
#Adiction13
#velasjaponesas. #BinanceSquareFamily #signaladvisor #AprendiendoCripto
$XRP $BTC $ETH
📱💻When you open a chart on Binance or any exchange, what you see are not "pretty drawings", they are Japanese candles!
Each candle tells you a story about the price of a cryptocurrency over a given time (for example, in 5 minutes, 1 hour, or 1 day..etc).
✅ What does a candle show?
Open: price at the beginning of the period
Close: price at the end of the period
High and low: the highest and lowest points reached during that time
🟩Green candle: the price went up (closed higher than it opened)
🟥 Red candle: the price went down (closed lower than it opened)
📊Body of the candle: difference between open and close
⬛Wicks (or shadows): how far the price went up or down in that interval
What is this for?
Candles help you to:
✔️ Detect if there are more buyers or sellers
✔️ See if the market is rising or falling
✔️ Predict movements based on patterns
🚨A candle doesn't tell everything. But many together tell the story of the market!
If you learn to read them, you stop guessing and start understanding. 📉📈
#Adiction13
#velasjaponesas. #BinanceSquareFamily #signaladvisor #AprendiendoCripto
$XRP $BTC $ETH
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$BTC $ETH $XRP Understanding the Rhythm of Bitcoin: Japanese Candles 🕯️📊
If you're interested in Bitcoin, you've surely seen those charts with green and red bars. They are the Japanese candles! They are a key tool for understanding price movement.
What are Japanese Candles?
Each candle is a visual summary of Bitcoin's price over a period (one minute, one hour, one day, etc.). It shows us four key points:
* Open: Where the price started.
* Close: Where the price ended.
* High: The highest point.
* Low: The lowest point.
Visually, they have two parts:
* The Body: The thick part. If it’s green, the price went up (close > open). If it’s red, the price went down (close < open).
* The Wicks (or Shadows): The thin lines above and below. They indicate the maximum and minimum price reached.
What do they reveal in Bitcoin?
The candles give us quick clues about the market:
* Long green candles: Lots of buying, optimism.
* Long red candles: Lots of selling, pessimism.
* Long wicks: Lots of volatility.
* Small bodies: Indecision in the market.
In a market like Bitcoin’s, understanding these candles is essential to see price action and anticipate movements.
So the next time you see a Bitcoin chart, you’ll know what it’s telling you! 🚀
#bitcoin.” #velasjaponesas. #aprendamos
If you're interested in Bitcoin, you've surely seen those charts with green and red bars. They are the Japanese candles! They are a key tool for understanding price movement.
What are Japanese Candles?
Each candle is a visual summary of Bitcoin's price over a period (one minute, one hour, one day, etc.). It shows us four key points:
* Open: Where the price started.
* Close: Where the price ended.
* High: The highest point.
* Low: The lowest point.
Visually, they have two parts:
* The Body: The thick part. If it’s green, the price went up (close > open). If it’s red, the price went down (close < open).
* The Wicks (or Shadows): The thin lines above and below. They indicate the maximum and minimum price reached.
What do they reveal in Bitcoin?
The candles give us quick clues about the market:
* Long green candles: Lots of buying, optimism.
* Long red candles: Lots of selling, pessimism.
* Long wicks: Lots of volatility.
* Small bodies: Indecision in the market.
In a market like Bitcoin’s, understanding these candles is essential to see price action and anticipate movements.
So the next time you see a Bitcoin chart, you’ll know what it’s telling you! 🚀
#bitcoin.” #velasjaponesas. #aprendamos
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