Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
History
Creator Center
Settings
Hamza322es
--
Bearish
Follow
it looks like it's forming head and shoulders will it dump to 54k? comment what you guys think
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
See T&Cs.
0
0
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
Hamza322es
@GHAADIA_JAVED
Follow
Explore More From Creator
how to participate?
--
Hammer candle stick pattern : The Hammer candlestick pattern is a bullish reversal pattern that signifies a potential turnaround in price. It typically forms at the end of a downtrend and signals the possibility of a bullish movement starting. It's called a "Hammer" due to its shape, which resembles a hammer with a long handle and a small head. 👀 What The Pattern Looks Like The Hammer pattern is formed of a single candlestick, which has the following characteristics: Small Real Body: The body of the candle, which is the difference between the opening and closing prices, should be small. This body can be either red (bearish) or green (bullish). Long Lower Shadow: The most defining feature of a Hammer is its long lower shadow (wick). This shadow should be at least twice the length of the real body. Little to No Upper Shadow: Ideally, a Hammer should have little to no upper shadow. If there's a small upper shadow, it can still be considered a Hammer, but the absence of an upper shadow is more ideal. Position within a Trend: For the pattern to be considered a Hammer, it must form after a downtrend. If the same shape appears after an uptrend, it is called a "Hanging Man" and can be bearish. 🧠 Pattern Psychology To fully understand the Hammer candlestick pattern, we need to delve into the market psychology behind it: Previous Downtrend: Before the Hammer appears, there's a prevailing downtrend. This means that the bears have been in control, and the sentiment is pessimistic. Intra-day Decline and Recovery: On the day the Hammer is formed, prices generally open and continue to move down, suggesting that bears are still trying to push the prices lower. However, at some point during the day, a change in sentiment occurs. Buyers step in, pushing the price back up, often closing near or slightly below the opening price. Bulls Take Control: The long lower shadow represents the distance between the lowest traded prices of that day and the closing price, showing a rejection of the lower prices. #write2earn
--
Claim free rewards from the following link. Get free rewards #Memecoins #BinanceLaunchpool #SHIB #TrenddingTopic #LearnAndEarn
--
Click the link for free USDT. Claim free USDT #HotTrends #TrendingTopic." #BTC #freeshiba #shibvspepe
--
If you haven't collected your free 1 USD go collect now. Claim free 1 USD #HotTrends #trending #FreeCodeNow #free1usd #FLOKI.
--
Latest News
Solana's Market Dynamics Suggest Potential Upside Despite Recent Price Drop
--
U.S. Expands Steel and Aluminum Tariff List to Include 407 Product Categories
--
Bitcoin(BTC) Drops Below 113,000 USDT with a 2.98% Decrease in 24 Hours
--
Federal Reserve's Bowman Advocates for Limited Cryptocurrency Holdings
--
Bipartisan Support Anticipated for U.S. Digital Asset Legislation
--
View More
Trending Articles
Don’t Buy ETH Until You Read This Breakdown Brewing at $4,200
SHOMON30
🚨 P2P Trading Kar Rahe Ho? In 4 Rules Ko Ignore Kiya = Scam Confirm!
Hasee124
🤫 The One Chart Pattern I Look for to Spot the Next Pump 💯
The Market Analyst
Spanish Crypto Tax Chaos: Trader Hit with a Shocking €9 Million Bill
Moon5labs
🚨 Ethereum Breaks $4,200 – Key Levels to Watch (20 August 2025) 🚨
Mujeebullah786
View More
Sitemap
Cookie Preferences
Platform T&Cs
