#CryptoCharts101 Candlestick patterns on crypto charts are key to predicting price movements. The “Doji” candle, with a small body, signals indecision and potential reversals. “Hammer” candles, with long lower wicks, suggest bullish reversals after a downtrend. Conversely, “Shooting Star” candles hint at bearish reversals post-uptrend. Patterns like “Bullish Engulfing” or “Bearish Engulfing” indicate strong momentum shifts. Recognizing these patterns helps traders time entries and exits. Always confirm patterns with volume and other indicators for accuracy. Platforms like Kraken offer detailed candlestick charts to practice spotting these formations. Study daily to sharpen your skills and trade smarter.
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