🕯️ $BTC
BTC 30-Min Hammer Candle After Heavy Sell-Off – Pattern Analysis
📊 Pattern: Hammer Candle
⏱️ Timeframe: 30-Minute Chart
📉 Context: Appeared after strong selling pressure
🔍 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 — especially strong if followed by a green candle.
✅ Confirmation Needed:
Next 1–2 candles should close above hammer body.
Volume spike with hammer adds stronger bullish weight.
📌 Summary:
BTC may be finding short-term support, but wait for confirmation before entering long.