๐จMaster These Candlesticks & Read the Market Like a Pro๐จ
If you can read candlesticks, you can read market emotions โ and avoid costly mistakes.
Hereโs a quick guide to 8 must-know candles every crypto trader should recognize:
๐น Bullish Signals (Buyers in Control)
1๏ธโฃ Buyers in Full Control โ Big green candle = strong buying momentum.
2๏ธโฃ Buyers Fight Back โ Long lower wick on a green candle = sellers tried, but buyers closed higher.
3๏ธโฃ Buyer Rejection โ Long upper wick on a green candle = buyers pushed up, but sellers pushed back before close.
๐น Neutral / Indecision Candles
4๏ธโฃ Doji โ Equal pressure from buyers and sellers = uncertainty.
5๏ธโฃ Small-bodied Candle with Wicks โ Low conviction on both sides; wait for confirmation.
๐น Bearish Signals (Sellers in Control)
6๏ธโฃ Sellers in Full Control โ Big red candle = strong selling momentum.
7๏ธโฃ Buyers Push Back โ Long lower wick on a red candle = sellers dominated, but buyers recovered some ground.
8๏ธโฃ Sellers Rejected โ Long lower wick on a red candle = sellers pushed down, but buyers closed the gap.
๐ก Quick Tips:
โ Long candles = strong momentum
โ Long wicks = rejection or recovery
โ Dojis = indecision โ avoid entering big positions here
Learning these patterns can help you spot market shifts before they happen โ whether youโre trading Bitcoin, altcoins, or futures.
If this helped you, hit Follow, drop a Like, and share with someone who trades! ๐
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