TECHNICAL ANALYSIS FOR BEGINNERS PART (8)
The Morning Star Candlestick Pattern;
The Morning Star Candlestick pattern is the bearish equivalent of the Evening star Candlestick pattern.
It consists of three candles: a long green candle, a smaller red candle, and a final long red candle.
The long green candle shows an uptrend, while the smaller red candle shows a potential reversal.
The final long red candle confirms the reversal and signals a new downtrend.
Just like the Evening Star pattern, the Morning star pattern should be confirmed with other technical indicators.
It's also important to consider the overall market sentiment.$SOL $BTC
