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alhusam
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Bullish
#BitcoinHashRateSurge
Inverted Hammer
An inverted hammer is a candle with a short body and a long upper wick. This is a reversal pattern that usually forms at the bottom after a downtrend.
The same candle at the top is called a shooting star and it indicates that the trend will soon reverse down.
Before entering a buy trade, make sure that the inverted hammer candle is bullish. The uptrend can be confirmed by other candlestick patterns, such as engulfing, hammer, three white soldiers, etc.
$XRP
$SAND
$DOGE
Inverted Hammer
An inverted hammer is a candle with a short body and a long upper wick. This is a reversal pattern that usually forms at the bottom after a downtrend.
The same candle at the top is called a shooting star and it indicates that the trend will soon reverse down.
Before entering a buy trade, make sure that the inverted hammer candle is bullish. The uptrend can be confirmed by other candlestick patterns, such as engulfing, hammer, three white soldiers, etc.
$XRP
$SAND
$DOGE
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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