**Hammer: A Signal of Potential Reversal**
Have you spotted the Hammer candlestick pattern? It’s a classic sign that a downtrend may be losing steam.
**How it works:**
1. **Downtrend:** Prices are falling.
2. **Hammer Formation:** A small bearish candle appears with a long lower wick and a short body, signaling buyers pushed the price back up. The upper shadow is minimal or absent.
**What it means:**
This pattern suggests strong early selling pressure, but buyers regained control, possibly signaling a reversal to an uptrend. Be sure to look at volume and market conditions before making any trades.
**Seen this pattern in your favorite crypto or stock? Let me know in the comments!**
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