Umbrella line
The body is twice or more longer than the Yin line, and is either red or green.
It is also divided into hammer lines, or hanging lines (there are very few hanging lines in the crypto market now, so the falling patterns have been changed to tombstone lines).
Trend: The hammer line can only appear immediately after a falling market, and the subsequent market may rise; the hanging man (tombstone line) must appear immediately after an upward market, and the subsequent market may fall. (pinbar)
Because I follow this book, I will introduce the forms bit by bit.
Trend is king, they are just signals. When placing orders, you still have to consider the trend and the position.
