Crypto Beginners follow this Nine Candle Charts 📉 and also compare this charts in reality trading.
1) Morning Star Candle Chart:-
A morning star is a visual pattern consisting of three candlesticks that are interpreted as bullish signs by technical analysts. A morning star forms following a downward trend and it indicates the start of an upward climb.
2) Hammer Candle Chart:-
The hammer candlestick pattern is a one-of-a-kind candlestick pattern that signals a possible trend reversal. The hammer is associated with the return of a positive trend in the market because it forms a downtrend. It's a short green candle with a lengthy bottom shadow, indicating lower market price rejection.
3) Bull Engulfing Candle Chart:-
The bullish engulfing candle encourages traders to assume a long position. It means that traders should buy the stock and hold on to it, with the intention of selling it in the future at a higher price.
4) Inverted Hammer Candle Chart:-
The inverted hammer candlestick pattern (or inverse hammer) is a candlestick that appears on a chart when there is pressure from buyers to push an asset's price up. It often appears at the bottom of a downtrend, signalling potential bullish reversal
5) PIERCING Candle Chart:-
A piercing line candlestick pattern is a two-day pattern that indicates a potential reversal from a downtrend into an uptrend. The pattern usually involves the first-day opening price of the stock near the high and closing near the low with an average or large trading range.
6) Three White Soldiers Candle Chart:-
Three white soldiers is a bullish candlestick pattern that is used to predict the reversal of the current downtrend in a pricing chart. The pattern consists of three consecutive long-bodied candlesticks that open within the previous candle's real body and a close that exceeds the previous candle's high.
