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Tweezer Bottom
Tweezer Bottom
The Tweezer bottom candlestick pattern is a bullish reversal pattern. The pattern consists of two or more candles with equal or identical lows forming a horizontal support level. This candlestick pattern is typically formed at the bottom of the price chart and signals a potential shift of momentum from bearish to bullish side.
Traders look to the tweezer bottom for a strong bullish signal. It signals that the buyers are stepping in and buying at the same level. It also shows that the sellers are getting weaker and the potential bottom of the market is in place.
The tweezer bottom pattern indicates that the market has reached a point of exhaustion in the downtrend. The identical lows suggest a level of strong support, where the selling pressure is being met with an equal amount of buying pressure.
A study conducted by Dr. Thomas N. Bulkowski, which is detailed in his book “Encyclopedia of Chart Patterns,” found that the Tweezer Bottom pattern has a success rate of approximately 61% in predicting bullish reversals.
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The Tweezer bottom candlestick pattern is a bullish reversal pattern. The pattern consists of two or more candles with equal or identical lows forming a horizontal support level. This candlestick pattern is typically formed at the bottom of the price chart and signals a potential shift of momentum from bearish to bullish side.
Traders look to the tweezer bottom for a strong bullish signal. It signals that the buyers are stepping in and buying at the same level. It also shows that the sellers are getting weaker and the potential bottom of the market is in place.
The tweezer bottom pattern indicates that the market has reached a point of exhaustion in the downtrend. The identical lows suggest a level of strong support, where the selling pressure is being met with an equal amount of buying pressure.
A study conducted by Dr. Thomas N. Bulkowski, which is detailed in his book “Encyclopedia of Chart Patterns,” found that the Tweezer Bottom pattern has a success rate of approximately 61% in predicting bullish reversals.
#tst #BTC110KToday? #BTC
🚀 $TSTTTTTT – Green Light for Bullish Run! 🚀
🔥 Current Price $TST : 0.0598
📈 24H High: 0.0600
📉 24H Low: 0.0582
⚡️$TST showing strong signs of reversal as the market turns green today!
✅ Breakout from local resistance
✅ Volume increasing – bulls gaining control
✅ Perfect time to catch the wave early
🎯 Buy & Sell Targets – $TST :
🔹 Buy Zone: 0.0590 – 0.0600 (+/-)
🔹 TP1: 0.0700+
🔹 TP2: 0.0750+
🔹 TP3: 0.0850+
💰 Profit Example with $1,000 Investment:
✔ TP1: +7% → $1,070
✔ TP2: +13.4% → $1,134
✔ TP3: +20.2% → $1,202
⚠️ Tips:
– Use DCA to reduce entry risk
– Set Stop Loss below 0.057
– Secure profits at each target
📢 Post by @DeFiTitan
👍 Like 🔁 Share 💬 Comment – but don’t copy without permission!
#TST #AltcoinTrade #MostRecentTrade #BullishMomentum #TradeOfTheWeek #StrategyTrade $TST
🔥 Current Price $TST : 0.0598
📈 24H High: 0.0600
📉 24H Low: 0.0582
⚡️$TST showing strong signs of reversal as the market turns green today!
✅ Breakout from local resistance
✅ Volume increasing – bulls gaining control
✅ Perfect time to catch the wave early
🎯 Buy & Sell Targets – $TST :
🔹 Buy Zone: 0.0590 – 0.0600 (+/-)
🔹 TP1: 0.0700+
🔹 TP2: 0.0750+
🔹 TP3: 0.0850+
💰 Profit Example with $1,000 Investment:
✔ TP1: +7% → $1,070
✔ TP2: +13.4% → $1,134
✔ TP3: +20.2% → $1,202
⚠️ Tips:
– Use DCA to reduce entry risk
– Set Stop Loss below 0.057
– Secure profits at each target
📢 Post by @DeFiTitan
👍 Like 🔁 Share 💬 Comment – but don’t copy without permission!
#TST #AltcoinTrade #MostRecentTrade #BullishMomentum #TradeOfTheWeek #StrategyTrade $TST
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