#peep #floki #Bonk 💙 Very important information 💎
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The signs in the previous bullish candles indicate the strength of the rise in the short-term (for example, 5 minutes), while in the bearish candle, the presence of signs indicate the strength of the decline in the short-term. These signs can be such as the length of the candle, the presence of a long tail, the height of the candle higher than the previous candles, etc.
The long tail is usually from below in the case of a bullish candle, and this indicates that there was strong selling pressure during the period represented by the candle, but buyers were able to bring the price back up towards the end of the period. Therefore, this could be a signal of strength in an uptrend.
The long tail in a bearish candle is from the bottom, and this indicates that the price is starting to rise slightly before it trades strongly to the downside.
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