🔸When the price of an asset moves, visual patterns are formed that give us clues about what might happen.
- If you see a candle with a small body at the top and a very long wick pointing down, it could mean that the price, after falling, is about to rise.
- A pattern of three candles where the first is large and upward, the second is very small, and the third is large and downward, often indicates that an upward trend could be about to reverse.
- A candle in which the opening and closing prices are almost identical, with wicks above and below, shows uncertainty. Neither buyers nor sellers have control.
- Three consecutive bullish candles, each closing higher than the previous one, suggest a strong continuation in the price rise. $BTTC
#portallatino