10 years of ups and downs in the crypto world, experiencing 3 cycles of bull and bear markets, from having nothing to now achieving a small highlight in life. Lao Jiu has always insisted on only doing a few familiar patterns. As a short-term contract player, when encountering this kind of trend in the market, always pay attention to whether it stops falling and starts rising, and be ready to go long! If you can comprehend it deeply, you can also see the moon through the clouds!
Mindset, cognition, and technology are the three essential elements to successfully execute every trade; none can be lacking! Today, I will share with you the bottom inverted hammer line, which is the main force's left-side accumulation action.
The bottom inverted hammer line occurs when the price has undergone continuous adjustments, then adjusts at a low level, accelerates in speed, and subsequently, one or more candlesticks with long lower shadows appear. At this point, it indicates that funds are clearly entering the market, and then it breaks through the downward trend to form a reversal and rise, allowing for short-term purchases at any time.
Here are a few details to pay attention to:
1. The price should continuously adjust for a while, followed by a quick or consecutive large bearish candlestick, then one or more candlesticks with long lower shadows should appear below.
2. When the lower shadow candlestick appears, it is best accompanied by increased volume, which indicates that the main force has started accumulating.
