$ARK
#ARK Bearish reversal signals ๐ป๐ฆ
The last candlestick pattern in the image is a green candlestick with a long upper wick and a small body. This pattern is known as a "Hammer" or "Inverted Hammer" candlestick pattern, but given the context of the long upper wick and the fact that it follows an upward trend, it is more likely to be a "Shooting Star" pattern.
However, considering the overall trend and the fact that the candlestick is green, it could also be interpreted as a "Bullish Engulfing" pattern if we consider the previous candlestick. But based solely on the last candlestick, it resembles a "Shooting Star" pattern, which is typically considered a bearish reversal signal.
But since the overall trend is upward and the candlestick is green, it is more likely that the pattern is a continuation of the upward trend rather than a reversal. Therefore, the last candlestick pattern signals a potential continuation of the upward trend.
