#CryptoCharts101
๐ Unlock the Market with 3 Game Changing Candlestick Patterns!
Stop guessing trends and reversals spot these patterns like a pro:
1. ๐จ Hammer/Shooting Star
Hammer (bullish reversal): Long wick below body = BUY signal after downtrend.
Shooting Star (bearish reversal): Long wick above body = SELL signal after uptrend.
2. ๐ฅ Engulfing Patterns
Bullish Engulfing: Green candle swallows previous red = STRONG reversal up!
Bearish Engulfing: Red candle swallows green = Potential crash ahead.
3. ๐ Triangles (Symmetrical/Ascending)
Tighter price range = Imminent breakout! Break above resistance = BUY!
โจ Boost Accuracy with Combos:
Step 1: Spot a Hammer near key support? โ Potential bounce!
Step 2: See Bullish Engulfing + Rising volume? โ Confirmed reversal!
Step 3: Triangle breakout + RSI >50? โ Ride the momentum wave!
Example: BUY when:
Hammer forms at support
Volume spikes 2x
MACD turns positive
๐ก Pro Tip: Pair with 50 EMA! Price above EMA + bullish pattern = High probability trade!
Share your favorite chart setups ๐ง ๐๐๐ฝ