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Top basic candlestick patterns include the Doji, which shows market indecision, and the Hammer, which signals a possible bullish reversal. The Shooting Star warns of a bearish reversal. Engulfing patterns (bullish or bearish) show strong trend shifts. These patterns help traders spot entries or exits by showing price behavior and possible direction changes in the market. like 👍👍 , Share ➡️➡️ , follow #crypto #candlestick_patterns #SaylorBTCPurchase $BNB
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We check bullish and bearish strength in candles by looking at their size, color, and wicks. Big green candles show strong buying, meaning bulls are in control. Big red candles show strong selling, meaning bears are stronger. If candles have small wicks and keep moving in one direction with good volume, it confirms the strength of that trend. #crypto #candlestick_patterns #Binance $BNB
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MACD shows trend direction and momentum. VWAP helps find the average price, useful for intraday trading. RSI tells if a coin is overbought or oversold. 9 EMA and 21 EMA are for short-term trend spotting. 50 EMA shows medium-term trends, while 600 EMA signals long-term trend direction and strong support/resistance. like 👍 👍 , share ➡️ ➡️ , Follow #crypto #RSI $BNB
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The candlestick pattern with the highest accuracy for predicting reversals is often the Engulfing pattern, especially when it appears at the end of a strong trend. A Bullish Engulfing signals a possible upward reversal after a downtrend, while a Bearish Engulfing suggests a downward move after an uptrend. Other high-probability patterns include the Morning Star (bullish) and Evening Star (bearish), which are strong reversal signals on higher timeframes #crypto #candlestick_patterns #Binance $BNB
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The most bullish candle is the bullish engulfing, where a big green candle fully covers the red one before it — showing strong buying. Other bullish signs include the hammer, which has a small body and a long lower wick, meaning buyers pushed the price up after a drop. A morning star pattern also shows a possible reversal upward. On the other hand, the most bearish candle is the bearish engulfing, where a large red candle covers the green one before it — signaling strong selling. A shooting star, with a long upper wick, shows price was rejected at the top. The evening star pattern also warns of a move down. These candles help traders guess the next price move like 👍👍👍 , Share ➡️➡️➡️ , Follow @Market crypto insights #crypto #candlestick_patterns $BNB
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