$BTC There are many Japanese candlesticks indicating a bullish trend, and these candlesticks are very important in the technical analysis of any cryptocurrency, especially in short-term trading (scalping). Here are now the most famous bullish candlestick patterns:
1. Hammer:
Shape: Small body at the top and long wick at the bottom.
Meaning: Strong selling pressure but buyers have taken control.
Often appears at bottoms.
2. Inverted Hammer:
Shape: Small body at the bottom and long wick at the top.
Meaning: Attempt to rise after a long decline.
If there is a green candle that follows, it is a strong signal of upward movement.
3. Bullish Engulfing:
Two candles: the first small red, the second long green that engulfs the first.
Indicates a change in trend from bearish to bullish.
4. Morning Star:
3 candles: the first strong red, the second small (Doji or other), the third long green.
Very strong signal of trend reversal to the upside.
5. Three White Soldiers:
Three consecutive long green candles.
Each candle closes above the previous one.
Indicates strong buyer entry.
6. Doji candle after a bearish trend:
If a Doji candle (very small body) appears after a decline, it means hesitation and potential reversal.