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The Marubozu bullish candle pattern is a Japanese candlestick pattern that signals a strong upward trend in a financial market. It is characterized by:
#btc #bitcoin #btchalvingcarnival #marubozu
1. A green or white candle (indicating a bullish trend)
2. No upper shadow (wick) or a very small upper shadow
3. No lower shadow (wick) or a very small lower shadow
4. The opening price is equal to the lowest price of the period
5. The closing price is equal to the highest price of the period
This pattern indicates a strong buying pressure, as the price opens at its lowest point and closes at its highest point, with no significant selling pressure (reflected by the absence of shadows). The Marubozu bullish candle pattern is considered a reversal pattern, indicating a potential change in trend from bearish to bullish.
#btc #bitcoin #btchalvingcarnival #marubozu
1. A green or white candle (indicating a bullish trend)
2. No upper shadow (wick) or a very small upper shadow
3. No lower shadow (wick) or a very small lower shadow
4. The opening price is equal to the lowest price of the period
5. The closing price is equal to the highest price of the period
This pattern indicates a strong buying pressure, as the price opens at its lowest point and closes at its highest point, with no significant selling pressure (reflected by the absence of shadows). The Marubozu bullish candle pattern is considered a reversal pattern, indicating a potential change in trend from bearish to bullish.
What is Piercing line in cryptocurrency? and its impact on market
#piercingline #btc #bitcoinhalving
The piercing line is a bullish candlestick reversal pattern in technical analysis. It consists of two candles:
The first candle is a long bearish candlestick, indicating a strong downward movement in the price.
The second candle opens lower than the previous day's close but then rallies to close above the midpoint of the previous day's candle.
In the context of cryptocurrency trading, when a piercing line pattern forms after a downtrend, it suggests a potential reversal of the downward movement. The bullish sentiment indicated by the second candle, which pierces through the previous day's bearish candle, signifies a shift in momentum from bearish to bullish.
Traders often interpret the piercing line pattern as a signal to consider entering long positions or closing out short positions. However, as with any technical analysis tool, it's important to consider other factors such as volume, market sentiment, and overall trend direction for confirmation before making trading decisions solely based on this pattern.
#piercingline #btc #bitcoinhalving
The piercing line is a bullish candlestick reversal pattern in technical analysis. It consists of two candles:
The first candle is a long bearish candlestick, indicating a strong downward movement in the price.
The second candle opens lower than the previous day's close but then rallies to close above the midpoint of the previous day's candle.
In the context of cryptocurrency trading, when a piercing line pattern forms after a downtrend, it suggests a potential reversal of the downward movement. The bullish sentiment indicated by the second candle, which pierces through the previous day's bearish candle, signifies a shift in momentum from bearish to bullish.
Traders often interpret the piercing line pattern as a signal to consider entering long positions or closing out short positions. However, as with any technical analysis tool, it's important to consider other factors such as volume, market sentiment, and overall trend direction for confirmation before making trading decisions solely based on this pattern.
#Rune may goes up to 14$ and maximum at 22$. buy and hold for month
#bitcoinhalving #thorchain #crypto
#bitcoinhalving #thorchain #crypto
Will #BTC Going Down to Under $60k Again ?
Some people still keep posting BTC will going down under $60k again because they cant accept reality that they had missed their chance to get BTC at lowest price
I had made some posts (check my profile) that BTC have very little chance to re-visit $60k except there is world accidents that can have big effects for world economics in negative way
So far my predictions in my previous posts has been come true
In this post I still stand with my prediction that BTC will going to breakthrough $73k and reaching new ATH soon but before reaching to $70k it will dip at range $68-69k to around $65-67k
If you still had money to spare you can buy #BOME #FLOKI #PEPE #SHIBA which I'm sure will also get dip following BTC dip
PS :
If you think my posts has benefiting you, please share, quote or like my posts
As always DYOR
God bless
Some people still keep posting BTC will going down under $60k again because they cant accept reality that they had missed their chance to get BTC at lowest price
I had made some posts (check my profile) that BTC have very little chance to re-visit $60k except there is world accidents that can have big effects for world economics in negative way
So far my predictions in my previous posts has been come true
In this post I still stand with my prediction that BTC will going to breakthrough $73k and reaching new ATH soon but before reaching to $70k it will dip at range $68-69k to around $65-67k
If you still had money to spare you can buy #BOME #FLOKI #PEPE #SHIBA which I'm sure will also get dip following BTC dip
PS :
If you think my posts has benefiting you, please share, quote or like my posts
As always DYOR
God bless
Inverted hammer
An inverted hammer is another type of candlestick pattern commonly used in technical analysis, especially in the context of cryptocurrency trading. It has a small body near the bottom of the trading range and a long upper wick, resembling an upside-down hammer.
Inverted hammer candlesticks often occur at the end of a downtrend and can signal a potential reversal to the upside. Similar to regular hammers, they suggest that selling pressure has weakened, and buyers may be stepping in to push the price higher. However, as with any technical analysis tool, it's essential to consider other factors and indicators before making trading decisions solely based on the inverted hammer pattern. This includes factors such as volume, market sentiment, and the overall trend. Traders typically use the inverted hammer as a signal to consider entering long positions or closing out short positions, but confirmation from other technical indicators is usually sought for more reliable trading decisions.
An inverted hammer is another type of candlestick pattern commonly used in technical analysis, especially in the context of cryptocurrency trading. It has a small body near the bottom of the trading range and a long upper wick, resembling an upside-down hammer.
Inverted hammer candlesticks often occur at the end of a downtrend and can signal a potential reversal to the upside. Similar to regular hammers, they suggest that selling pressure has weakened, and buyers may be stepping in to push the price higher. However, as with any technical analysis tool, it's essential to consider other factors and indicators before making trading decisions solely based on the inverted hammer pattern. This includes factors such as volume, market sentiment, and the overall trend. Traders typically use the inverted hammer as a signal to consider entering long positions or closing out short positions, but confirmation from other technical indicators is usually sought for more reliable trading decisions.
#bitcoinhalving #BullorBear #hammer #bullish
What is Hammer in cryptocurrency
In the context of cryptocurrency, "hammer" could refer to a type of candlestick pattern used in technical analysis. A hammer candlestick has a small body near the top of the trading range and a long lower wick, resembling a hammer. It often signals a potential reversal from a downtrend to an uptrend, especially if it occurs after a significant price decline. Traders may interpret it as a bullish signal.
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Impact of hammer on cryptocurrency
The impact of a hammer candlestick pattern on cryptocurrency depends on various factors, including the market conditions, timeframe, and other technical indicators.
In general, when a hammer candlestick forms after a downtrend, it can indicate that selling pressure has exhausted, and buyers are stepping in to push the price higher. This can potentially lead to a reversal or a temporary bounce in the price of the cryptocurrency. However, it's essential to consider other factors such as volume, market sentiment, and the overall trend before making trading decisions solely based on the hammer pattern.
What is Hammer in cryptocurrency
In the context of cryptocurrency, "hammer" could refer to a type of candlestick pattern used in technical analysis. A hammer candlestick has a small body near the top of the trading range and a long lower wick, resembling a hammer. It often signals a potential reversal from a downtrend to an uptrend, especially if it occurs after a significant price decline. Traders may interpret it as a bullish signal.
my Binance id 127706089
Help me
Impact of hammer on cryptocurrency
The impact of a hammer candlestick pattern on cryptocurrency depends on various factors, including the market conditions, timeframe, and other technical indicators.
In general, when a hammer candlestick forms after a downtrend, it can indicate that selling pressure has exhausted, and buyers are stepping in to push the price higher. This can potentially lead to a reversal or a temporary bounce in the price of the cryptocurrency. However, it's essential to consider other factors such as volume, market sentiment, and the overall trend before making trading decisions solely based on the hammer pattern.
