1 CANDLE IN THE HANGING MAN👇
The 'Hanging Man' candle is a bearish reversal pattern commonly found at the end of an uptrend in cryptocurrency trading. It has a small body, a small upper shadow or none, and a long lower shadow, indicating that sellers are starting to take control. When it appears, especially after a strong rally, it may signal a potential trend reversal or price decline.
CANDLE 2 HAMMERS 👇
Hammer is a bullish reversal candlestick pattern that is typically observed at the bottom of a downtrend in cryptocurrency trading. It has a small body, a small upper shadow or none, and a long lower shadow, showing that buyers pushed the price up after sellers initially brought it down. This pattern suggests that the asset may be ready for an upward trend reversal.
3 SHOOTING STAR CANDLE👇
Shooting star is a bearish reversal candlestick pattern that appears at the top of an uptrend in cryptocurrency trading. It has a small body, a long upper shadow, and a small or absent lower shadow, indicating that buyers pushed the price up, but sellers took control, bringing it back down. This pattern signals a potential reversal and suggests that the asset's price may start to decline.
4 CANDLE IN THE SHAPE OF AN INVERTED HAMMER👇
Inverted hammer is a bullish reversal candlestick pattern that is typically found at the bottom of a downtrend in cryptocurrency trading. It has a small body, a long upper shadow, and a small or absent lower shadow, indicating that buyers attempted to push the price higher but couldn't maintain control. This pattern suggests potential buying pressure and may signal an upcoming upward reversal.
5 GRAVESTONE DOJI CANDLE👇
Gravestone doji is a bearish reversal candlestick pattern that often appears at the top of an uptrend in cryptocurrency trading. It has a long upper shadow, no lower shadow, and the closing price is near or at the opening level, resembling a 'T' shape. This pattern shows that buyers pushed prices up, but sellers brought them back down, signaling a possible trend reversal and potential downward price movement.
6 DRAGONFLY DOJI CANDLE👇
Dragonfly doji is a bullish reversal candlestick pattern that usually appears at the bottom of a downtrend in cryptocurrency trading. It has a long lower shadow, no upper shadow, and the closing price is near or at the opening level, resembling an inverted letter 'T'. This pattern suggests that sellers initially pushed prices down, but buyers regained control, signaling a potential price reversal upward.
7 LONG-LEGGED DOJI CANDLE👇
Long-legged doji is a neutral candlestick pattern with long upper and lower shadows, indicating indecision in the market. It forms when the opening and closing prices are nearly the same despite significant price movement in both directions. This pattern can signal a potential reversal, but its direction depends on subsequent candles and other technical indicators in cryptocurrency trading.
8 DOJI CANDLE RICKSHAW MAN👇
Rickshaw Man: a popular cryptocurrency trader and analyst. Specializes in technical analysis and chart patterns. Doji candle: a neutral candlestick pattern indicating indecision. Represents a tug-of-war between buyers and sellers. Helps Rickshaw Man predict price reversals and trends.
9 DOJI CANDLE-WOLF👇
1. Small body, long upper and lower wicks (shadows) 2. Indicates indecision between buyers and sellers 3. Neutral, no clear direction of the trend 4. Potential reversal or consolidation phase 5. Use with other indicators for confirmation and informed trading decisions
10 CANDLE WITH A BELL HEAD👇
1. Upper shadow is absent (wick). 2. Body at the maximum of the trading range or near it. 3. Bullish reversal signal. 4. Buying pressure has exceeded selling pressure. 5. Potential breakout upwards.
11 MARUBOZU CANDLE👇
1. No shadows (wicks): body extends to the maximum and minimum 2. Strong bullish (white) or bearish (black) signal 3. Bullish Marubozu: opens at the minimum, closes at the maximum 4. Bearish Marubozu: opens at the maximum, closes at the minimum 5. Indicates strong momentum and continuation of the trend
Types:
- Bullish Marubozu (white): buying pressure predominates
- Bearish Marubozu (black): selling pressure predominates
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