Bullish candlestick pattern
1. Bullish Engulfing
A small red (bearish) candle is followed by a large green (bullish) candle that completely engulfs the red one.
Meaning: Buyers are overpowering sellers, signaling a bullish reversal.
2. Hammer
A candle with a small body at the top and a long lower shadow.
Meaning: Sellers pushed the price down, but buyers regained control, indicating a possible reversal upwards.
3. Morning Star
A three-candle pattern: red candle, a small-bodied candle (indecision), then a strong green candle.
Meaning: Downtrend is losing strength, and a new uptrend might start.
4. Piercing Pattern
A red candle is followed by a green candle that opens lower but closes above the midpoint of the red candle.
Meaning: Buyers are stepping in with strength.
5. Marubozu
A strong single candle with no shadows (wicks) — just a full green body.
Meaning: Very strong bullish momentum, no hesitation from buyers.
6. Three White Soldiers
Three consecutive green candles, each closing higher than the previous.
Meaning: Strong and consistent buying pressure, clear bullish reversal.
7. Bullish Harami
A large red candle is followed by a small green candle contained within the previous body.
Meaning: Selling pressure is weakening; potential reversal upwards.
8. Inverted Hammer
Small body at the bottom and long upper wick.
Meaning: Buyers attempted to push prices higher after a downtrend, suggesting a possible reversal.
9. Tweezer Bottom
Two candles with similar lows, often a red followed by a green.
Meaning: Sellers failed to push prices lower twice; buyers may take over.
These patterns mainly signal that a downtrend might be ending and a bullish move (price going up) could start. Traders often combine them with other technical tools for confirmation before making a decision.
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