๐ฏMaster these candlestick patterns and youโll avoid losses for good!โ ๐๐
๐ Bullish Candlestick Patterns (Signal a Possible Uptrend)
1๏ธโฃ Hammer
Features a small body and a long lower shadow.
Forms at the end of a downtrend.
Shows buyers are stepping in strongly.
Reversal is confirmed with a following bullish candle.
--- Donโt miss my pinned ๐ post for special rewards ๐ ๐
๐จMaster These Candlestick Patterns to Minimize Lossesโ ๐๐
๐ Bullish Candlestick Patterns (Signal a Possible Uptrend)
1๏ธโฃ Hammer
Short body, long lower shadow.
Found at the end of a downtrend.
Shows strong buying interest.
Reversal is more likely if a bullish candle follows.
--- Donโt miss my pinned ๐ post for exclusive rewards ๐๐
2๏ธโฃ Inverse Hammer
Short body with a long upper wick.
Appears at the bottom of a downtrend.
Can signal a bullish shift when confirmed.
3๏ธโฃ Bullish Engulfing
A small red candle followed by a larger green candle that fully engulfs it.
Reflects a powerful shift from bearish to bullish sentiment.
Most effective near strong support zones.
4๏ธโฃ Piercing Line
A red candle followed by a bullish green one.
The green candle closes above the halfway mark of the red.
Implies potential reversal if confirmed.
5๏ธโฃ Morning Star
A 3-candle pattern: red, small-bodied (indecision), then green.
Marks the transition from bearish to bullish.
Commonly seen near support levels.
6๏ธโฃ Three White Soldiers
Three solid green candles in a row.
Each opens within the previous candleโs body and closes higher.
Signals strong bullish momentum.
---
๐ Bearish Candlestick Patterns (Signal a Possible Downtrend)
1๏ธโฃ Hanging Man
Small body with a long lower wick.
Forms at the peak of an uptrend.
Suggests selling pressure and potential reversal.
2๏ธโฃ Shooting Star
Small body with a long upper wick.
Appears at the top of an uptrend.
Indicates sellers overpower buyers.
3๏ธโฃ Bearish Engulfing
A small green candle followed by a large red one that engulfs it.
Signals a shift toward bearish sentiment.
Stronger near resistance zones.
4๏ธโฃ Evening Star
Three candles: green, indecisive, and red.
Suggests a trend reversal at the top.
5๏ธโฃ Three Black Crows
Three bearish red candles in succession.
Each opens within the previous and closes lower.
Points to heavy selling and a downtrend.
6๏ธโฃ Dark Cloud Cover
A green candle followed by a red one that closes below its midpoint.
A strong hint of reversal.
---
๐ Continuation Patterns (Show Trend May Continue)
1๏ธโฃ Doji
Tiny body with long wicks on both sides.
Represents market uncertainty.
Requires confirmation to validate trend direction.
#BinanceSquareFamily $BTC 