Learn these candles and you won't face any losses in cryptocurrencies โ๏ธโ๏ธ๐
๐น Top row (from left to right):
1. โ Buyers in full control
๐ฉ Large green candle - Strong bullish momentum, buyers dominated the session.
2. โ Sellers showed strength, but buyers prevailed
๐ฉ Long lower wick - Sellers pushed the price down but buyers recovered and closed at a higher level.
3. โ Hesitation in the market
๐ซ Doji candle - Equal pressure from buyers and sellers, indicating market uncertainty.
4. โ Buyers were in control but sellers rejected them
๐ฉ Long upper wick - Buyers pushed the price up, but sellers forced the price to close at a lower level.
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๐น Bottom row (from left to right):
5. โ Sellers in full control
๐ฅ Large red candle - Strong bearish momentum, sellers dominated the session.
6. โ The buyers showed their strength
๐ฅ Long lower wick - Buyers tried to fight back after sellers pushed the price down.
7. โ Hesitation in the market
๐ง Small body candle with wicks - Uncertainty; no clear winner between buyers or sellers.
8. โ The sellers were in control but the buyers rejected them
๐ฅ Long lower wick - Sellers pushed the price down but buyers regained ground before the close.
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๐ก Summary:
โ๏ธ Long candles = clear strength
โ Doji = hesitation
โ๏ธ Wicks = rejection or recovery
This chart helps you read the emotions behind the candles ๐ง ๐ฅ
And here is the candle picture ๐