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Emyzzy1
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#BNB movement$BNB To those who are hoping with a bullish movement.,the current trend today until December 17 is bearish., like i said before., it could go as low as 670.00 #check the latest chart movement., these snapshots were taken yesterday and it aligns with my analysis...
#BNB movement$BNB
To those who are hoping with a bullish movement.,the current trend today until December 17 is bearish., like i said before., it could go as low as 670.00
#check the latest chart movement., these snapshots were taken yesterday and it aligns with my analysis...
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Everything Down My portfolio Up #check 👇
Everything Down My portfolio Up

#check 👇
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Bikovsko
#check $BTC now will up as for new record 80000$+
#check $BTC now will up as for new record 80000$+
ایوا
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#AGLAD Super #hit1dollar
Hammer candlestick pattern: The Hammer candlestick pattern is a bullish reversal pattern that signifies a potential turnaround in price. It typically forms at the end of a downtrend and signals the possibility of a bullish movement starting. It's called a "Hammer" due to its shape, which resembles a hammer with a long handle and a small head. 👀 What The Pattern Looks Like The Hammer pattern is formed of a single candlestick, which has the following characteristics: Small Real Body: The body of the candle, which is the difference between the opening and closing prices, should be small. This body can be either red (bearish) or green (bullish). Long Lower Shadow: The most defining feature of a Hammer is its long lower shadow (wick). This shadow should be at least twice the length of the real body. Little to No Upper Shadow: Ideally, a Hammer should have little to no upper shadow. If there's a small upper shadow, it can still be considered a Hammer, but the absence of an upper shadow is more ideal. Position within a Trend: For the pattern to be considered a Hammer, it must form after a downtrend. If the same shape appears after an uptrend, it is called a "Hanging Man" and can be bearish. Pattern Psychology To fully understand the Hammer candlestick pattern, we need to delve into the market psychology behind it: Previous Downtrend: Before the Hammer appears, there's a prevailing downtrend. This means that the bears have been in control, and the sentiment is pessimistic. Intra-day Decline and Recovery: On the day the Hammer is formed, prices generally open and continue to move down, suggesting that bears are still trying to push the prices lower. However, at some point during the day, a change in sentiment occurs. Buyers step in, pushing the price back up, often closing near or slightly below the opening Price #check the article
Hammer candlestick pattern:
The Hammer candlestick pattern is a bullish reversal pattern that signifies a potential turnaround in price. It typically forms at the end of a downtrend and signals the possibility of a bullish movement starting. It's called a "Hammer" due to its shape, which resembles a hammer with a long handle and a small head.

👀 What The Pattern Looks Like
The Hammer pattern is formed of a single candlestick, which has the following characteristics:

Small Real Body: The body of the candle, which is the difference between the opening and closing prices, should be small. This body can be either red (bearish) or green (bullish).

Long Lower Shadow: The most defining feature of a Hammer is its long lower shadow (wick). This shadow should be at least twice the length of the real body.

Little to No Upper Shadow: Ideally, a Hammer should have little to no upper shadow. If there's a small upper shadow, it can still be considered a Hammer, but the absence of an upper shadow is more ideal.

Position within a Trend: For the pattern to be considered a Hammer, it must form after a downtrend. If the same shape appears after an uptrend, it is called a "Hanging Man" and can be bearish.

Pattern Psychology
To fully understand the Hammer candlestick pattern, we need to delve into the market psychology behind it:

Previous Downtrend: Before the Hammer appears, there's a prevailing downtrend. This means that the bears have been in control, and the sentiment is pessimistic.

Intra-day Decline and Recovery: On the day the Hammer is formed, prices generally open and continue to move down, suggesting that bears are still trying to push the prices lower. However, at some point during the day, a change in sentiment occurs. Buyers step in, pushing the price back up, often closing near or slightly below the opening Price
#check the article