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Bullish

Those who know how can do it live 🤑💰💵
Those who want to learn from a veteran analyst, leave a like and a comment below... I'm going to create a group to help people profit too 🤑💵💰
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$BTC  🔮🎯🚀🚀🚀

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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. Bulls Take Control: The long lower shadow represents the distance between the lowest traded prices of that day and the closing price, showing a rejection of the lower prices. This signifies that bulls are beginning to gain control and that bears are retreating.

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"Help others!" 🎁😍🥺💰💵 There are several reasons why some people may choose not to tip: 1-Culture and Customs: In some countries or cultures, tipping is not common or expected. This can lead people to not feel obligated to do so. 2-Lack of Awareness: Some individuals may not be aware of tipping etiquette in certain situations, especially if they are in an environment different from what they are accustomed to. 3-Financial Constraints: Some people may not tip due to personal financial limitations. They simply may not have the additional resources to do so. 4-Dissatisfaction with Service: If someone is not satisfied with the service received, they may choose not to tip as a way to express their dissatisfaction. 5-Personal Beliefs: Some individuals may have personal beliefs against tipping for philosophical, ideological, or other reasons. 6-Forgetfulness: Sometimes, tipping is simply forgotten, especially in situations where it is not customary or expected. 7-Personal Preferences: There may be individuals who, for any personal reason, do not see the need or value in tipping regardless of the circumstances. It's important to note that tipping practices vary widely between countries and cultures, and what may be expected in one place may not be in another. In many places, tips are seen as a form of recognition for good service and as an essential part of service workers' income. $BTC

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Calling Bitcoin a pyramid scheme is a common misconception because a pyramid scheme is a fraudulent scheme where investors are paid with the money from new investors, without any real value being generated. Bitcoin, on the other hand, is a form of decentralized digital currency based on blockchain technology. However, some people may confuse Bitcoin with a pyramid scheme due to certain aspects: 1. *Disguised Ponzi Schemes:* Some scams use the image of Bitcoin to attract investors by promising guaranteed returns, but they are actually running a Ponzi scheme where returns are paid with money from new investors. 2. *Market Manipulation:* Due to its unregulated and volatile market nature, Bitcoin prices can be susceptible to manipulation by large investors or coordinated groups. This can involve practices such as "pump and dump," where a group buys large amounts of Bitcoin to artificially inflate the price and then sells quickly to profit. 3. *Lack of Regulation:* The absence of regulation in some jurisdictions can create an environment conducive to dishonest practices, such as falsifying trading volumes on exchanges or price manipulation. It's important to note that Bitcoin, like any other financial asset, can be subject to manipulation and fraud, but this does not inherently make it a pyramid scheme. The underlying technology of Bitcoin, blockchain, aims to create a transparent and secure system for financial transactions, with the potential to revolutionize the global financial system. $BTC #BTC☀️

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