šÆļø $BTC
BTC 30-Min Hammer Candle After Heavy Sell-Off ā Pattern Analysis
š Pattern: Hammer Candle
ā±ļø Timeframe: 30-Minute Chart
š Context: Appeared after strong selling pressure
š What It Means:
Long lower wick shows buyers stepped in after a major drop.
Small body at the top signals rejection of lower prices.
Often a bullish reversal signal ā especially strong if followed by a green candle.
ā Confirmation Needed:
Next 1ā2 candles should close above hammer body.
Volume spike with hammer adds stronger bullish weight.
š Summary:
BTC may be finding short-term support, but wait for confirmation before entering long.