#卡尔达诺稳定币提案

Stock Price Behavior Analysis Course

Lesson Sixteen: Identification and Meaning of Key Candlesticks

Candlesticks are the language of prices, and certain special candlesticks often reveal shifts in market bullish and bearish forces. Today, we will learn about several common and important key candlesticks to help you interpret the market in real-time.

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1. Engulfing Candlestick

• Bullish Engulfing:

Occurs in a downtrend, where a red candlestick completely engulfs the previous black candlestick, indicating strong buying interest and the potential for a reversal to the upside.

• Bearish Engulfing:

Occurs in an uptrend, where a black candlestick completely engulfs the previous red candlestick, suggesting that sellers are in control and a potential weakening is imminent.

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2. Hammer and Hanging Man

• Hammer:

A long lower shadow with little to no upper shadow, appearing at the end of a downtrend, indicating strong support at the low and potential for a rebound.

• Hanging Man:

Similar in shape to a hammer but appears at the end of an uptrend, suggesting weakening bullish momentum.

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3. Shooting Star and Morning Star

• Shooting Star:

A long upper shadow with a small body, appearing at a high price level, indicating strong selling pressure and often a reversal signal.

• Morning Star (Three Candlestick Formation):

Black candlestick → Small lower shadow candlestick → Large red candlestick, indicating the end of the downtrend and a strengthening of bullish momentum.

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These candlesticks often appear at key support/resistance levels or trend reversal points, serving as strong signals for entry and exit.