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Everyone rushes in when the market turns bullish ✅✅
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Money is flooding into Altcoins!
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I’ve been saying it for so long. This is the year we get rich. New ATHs for $ETH is inevitable.
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𝐔𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠 𝐂𝐚𝐧𝐝𝐥𝐞 𝐒𝐭𝐫𝐞𝐧𝐠𝐭𝐡 𝐖𝐡𝐨 𝐑𝐞𝐚𝐥𝐥𝐲 𝐇𝐨𝐥𝐝𝐬 𝐂𝐨𝐧𝐭𝐫𝐨𝐥 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭? When analyzing candlestick patterns, it's not just about the color it’s about the story behind the price movement. Here's how to read who’s dominating the market: Green Candles (Bullish) 1. Full Green Body (No Wick) Buyers in Full Control Strong upward momentum with no resistance a powerful bullish signal. 2. Small Wick on Top Sellers Tried, But Buyers Won Sellers attempted to push down the price, but buyers took over and closed near the high. 3. Long Wick on Top Buyers Faced Rejection Price went high, but strong rejection came from sellers. Buyers lost control. 4. Doji-Like Green Candle Indecision Neither buyers nor sellers were in full control. Market is uncertain. Red Candles (Bearish) 1. Full Red Body (No Wick) Sellers in Full Control Strong downward pressure with no signs of buyer resistance — a clear bearish move. 2. Small Wick on Bottom Buyers Tried, But Sellers Dominated Buyers made an attempt but couldn’t stop the downward force. 3. Long Wick on Bottom Sellers Faced Rejection Sellers pushed down, but buyers stepped in and regained some control. 4. Doji-Like Red Candle Indecision Market lacks direction wait for confirmation before acting. Conclusion: Candle wicks tell you who attempted to move the market, and candle bodies tell you who succeeded. Understanding this balance is key to reading market sentiment and planning your trades wisely.
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$BTC Rocked 🤝🤝
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