LIVEZAYD
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8 bullish candle stick patterns
When it comes to trading, candle patterns play a critical role in predicting market movements. While many traders are familiar with the common patterns like the Hammer, Bullish Engulfing, or Morning Star, there are lesser-known yet equally powerful patterns that can indicate bullish reversals. These patterns are not commonly taught but can be incredibly valuable for traders who wish to gain an edge. Here are 15 bullish candle patterns that might not be in the mainstream textbooks but are essenti
As i Predicted! $CREAM
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Bearish
_Cream Finance (CREAM) Pattern Analysis_
Here are some insights into the Cream Finance (CREAM) pattern analysis:
- _Emerging Patterns_:
- Bullish Engulfing (1H)
- Three Inside Up (4H)
- Ascending Triangle (1D)
- _Completed Patterns_:
- Bearish Harami (1H, 2)
- Three Black Crows (4H, 3)
- Descending Triangle (1D, 4)
- _Other Patterns_:
- Doji Star Bullish (1H, 5)
- Deliberation Bullish (4H, 6)
- Inverse Head and Shoulders (1D, 7)
_Pattern Prediction_:
Based on the patterns, there is a potential for a bullish breakout, with a target price of $12.50. However, there is also a possibility of a bearish continuation, with a target price of $8.50.
_Technical Indicators_:
- RSI: 43.21 (Neutral)
- MACD: 0.023 (Bullish)
- Bollinger Bands: Price is trading near the upper band, indicating a potential breakout.
Please note that cryptocurrency markets are highly volatile and subject to rapid fluctuations. These patterns are based on historical data and may not reflect the current market situation. $CREAM
Here are some insights into the Cream Finance (CREAM) pattern analysis:
- _Emerging Patterns_:
- Bullish Engulfing (1H)
- Three Inside Up (4H)
- Ascending Triangle (1D)
- _Completed Patterns_:
- Bearish Harami (1H, 2)
- Three Black Crows (4H, 3)
- Descending Triangle (1D, 4)
- _Other Patterns_:
- Doji Star Bullish (1H, 5)
- Deliberation Bullish (4H, 6)
- Inverse Head and Shoulders (1D, 7)
_Pattern Prediction_:
Based on the patterns, there is a potential for a bullish breakout, with a target price of $12.50. However, there is also a possibility of a bearish continuation, with a target price of $8.50.
_Technical Indicators_:
- RSI: 43.21 (Neutral)
- MACD: 0.023 (Bullish)
- Bollinger Bands: Price is trading near the upper band, indicating a potential breakout.
Please note that cryptocurrency markets are highly volatile and subject to rapid fluctuations. These patterns are based on historical data and may not reflect the current market situation. $CREAM
