a bullish candlestick pattern 🕯️ consists of 2 candles 🕯️ and forms during a downtrend 📉 the first candle 🕯️ will be bearish 📉 and the second 🕯️ will be bullish 💹
ManuelRD
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Bearish
💪💪 Essential Candle Patterns for Achieving Success🏆
• Japanese candles reveal the emotional battle between buyers and sellers • The constant volatility of the crypto market 24/7 makes pattern recognition especially valuable • Patterns work best when aligned with market structure and volume confirmation Essential Patterns and Their Applications • Bullish Engulfing: Strong reversal signal with a 65-75% accuracy when validated with volume • Doji: Market indecision that often precedes breakouts, especially at key levels • Hammer and Morning Star: Exhaustion signals in bearish trends with a reliability of 70-80% in crypto markets Implementation of Strategies • Validate patterns across multiple time frames (15m, 1h, 4h) • Require a volume of 1.5 times the average for confirmation. • Combine with support/resistance levels to increase reliability by 40% • BinanceSquare provides real examples of patterns. $BTC
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