piercing_pattern
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đĽPiercing Pattern is one of the short-term trend reversal candlestick patterns đĽ
â In a downtrend and preferably in the support zone, this model has a higher probability of being correct. Because the sellers have withdrawn from the market, the volume has decreased and the volume is low but the price increase comes from the buying volume.
𤍠Tip: Pay attention to the upper and lower whiskers. If the upper beard is shorter than the lower, it means that when the session closes, the sellers have accepted the results and the buyers are not immediately overconfident, but they still crave tokens and buy. back at low prices.
â¨ď¸The probability is higher if the green candle body keeps the price from 38%-68% from the red candle's closing price.
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#candlestick #piercing_pattern #Ryasnosh #buydip #EarnFreeCrypto2024
â In a downtrend and preferably in the support zone, this model has a higher probability of being correct. Because the sellers have withdrawn from the market, the volume has decreased and the volume is low but the price increase comes from the buying volume.
𤍠Tip: Pay attention to the upper and lower whiskers. If the upper beard is shorter than the lower, it means that when the session closes, the sellers have accepted the results and the buyers are not immediately overconfident, but they still crave tokens and buy. back at low prices.
â¨ď¸The probability is higher if the green candle body keeps the price from 38%-68% from the red candle's closing price.
_________
#candlestick #piercing_pattern #Ryasnosh #buydip #EarnFreeCrypto2024
đĽCurrently, shorting is preferred, but you can still go long for 2-4 hours with atlcoin (preferably meme $SHIB đĽ
đ Currently, if $BTC closes the 4 o'clock candlestick, it is green and if it is more than 67600, it creates a piercing candlestick pattern.
đ In addition, you can see that the selling volume is gradually increasing, but the long side jumped in and the upper wick is almost much smaller than the lower wick (showing that in the short term, you should still bias long for 2-4 hours, you can increase the profit taking point depending on following developments)
đ The 2 PLANs I have drawn on the picture are for short-term scalping
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#Ryasnosh #binance #EarnFreeCrypto2024 #btc #scalping
đ Currently, if $BTC closes the 4 o'clock candlestick, it is green and if it is more than 67600, it creates a piercing candlestick pattern.
đ In addition, you can see that the selling volume is gradually increasing, but the long side jumped in and the upper wick is almost much smaller than the lower wick (showing that in the short term, you should still bias long for 2-4 hours, you can increase the profit taking point depending on following developments)
đ The 2 PLANs I have drawn on the picture are for short-term scalping
___________
#Ryasnosh #binance #EarnFreeCrypto2024 #btc #scalping
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