🐻 Bearish Candlestick Patterns (Indicate a Potential Downtrend)
1️⃣ Shooting Star
- Small body at the bottom with a long upper wick.
- Signals a potential reversal after an uptrend.
2️⃣ Hanging Man
- Small body at the top with a long lower wick.
- Appears after an uptrend, warning of a bearish reversal.
3️⃣ Inverted Hammer
- Small body at the bottom with a long upper wick.
- Often found at the end of a downtrend, signaling a potential reversal.
4️⃣ Evening Star
- A three-candlestick pattern: large bullish candle → small indecisive candle → bearish candle.
- Strong indicator of a reversal from an uptrend to a downtrend.
5️⃣ Doji Star
- A Doji followed by a strong bearish candle.
- Indicates indecision before a potential downtrend.
---
📈 Bullish Candlestick Patterns (Indicate a Potential Uptrend)
6️⃣ Marubozu
- Full-bodied candle with no wicks.
- Green Marubozu = strong bullish momentum.
- Red Marubozu = strong bearish momentum.
7️⃣ Long-Legged Doji
- Long upper and lower wicks with a small or nonexistent body.
- Signals indecision in the market.
8️⃣ Bullish Harami
- A small green candle within the body of a previous larger red candle.
- Signals a potential reversal from a downtrend to an uptrend.
---
📊 Neutral Candlestick Patterns (Indicate Market Indecision)
9️⃣ Doji
- The open and close prices are nearly the same.
- Signals uncertainty; further confirmation needed for trend direction.
🔟 Spinning Top
- Small body with long upper and lower wicks.
- Suggests market indecision, often seen in consolidations.
---
🌟 Key Takeaways
✅ Single candlestick patterns provide early signals of trend reversals.
✅ Confirmation with volume and other indicators improves reliability.
✅ Combining patterns with support/resistance strengthens predictions.
If you found this helpful, please like, share, and comment! Thank you! ❤️
#BSCUserExperiences #GoldPricesSoar #BSCTrendingCoins #MarketPullback #VoteToListOnBinance