🔥 Top 21 Candlestick Patterns That Can Make You Profitable in Crypto Trading! 💰
Want to improve your trade entries and exits? 📉📈 Learn these top candlestick patterns to spot market reversals, trends, and indecision.
Here’s a quick cheat sheet with definitions 🧠👇
✅ Bullish Reversal Patterns
📌 Hammer – Small body, long lower wick. Signals buyers stepped in after heavy selling.
📌 Inverted Hammer – Small body, long upper wick. Appears at bottoms, signals potential reversal up.
📌 Bullish Engulfing – A big green candle fully engulfs the previous red one. Strong buying pressure.
📌 Tweezer Bottom – Two candles with similar lows. Suggests support and reversal upward.
📌 Morning Star – 3-candle pattern signaling reversal from downtrend to uptrend.
📌 Three Stars in the South – Rare 3-candle bullish reversal after a downtrend.
✅ Bullish Continuation Patterns
📌 Bullish Three Line Strike – Three green candles followed by a big red, but trend resumes up.
📌 Rising Three Methods – Small red candles between strong greens. Bullish continuation.
📌 Bullish Mat Hold – Similar to Rising Three, but signals stronger trend continuation.
🔻 Bearish Reversal Patterns
📌 Hanging Man – Looks like a hammer but after an uptrend. Warning of a top.
📌 Shooting Star – Small body with long upper wick at the top of a trend. Bearish signal.
📌 Bearish Engulfing – Large red candle engulfs the previous green. Bears taking over.
📌 Tweezer Top – Two candles with equal highs. Signals potential drop.
📌 Evening Star – Opposite of Morning Star. Signals a reversal from uptrend to downtrend.
📌 Advance Block – Three rising candles with weakening momentum. Caution for bulls.
🔻 Bearish Continuation Patterns
📌 Bearish Three Line Strike – Three red candles, then a large green, but downtrend continues.
📌 Falling Three Methods – Small green candles within a downtrend. Bears still in control.
📌 Bearish Mat Hold – Similar to Falling Three, showing continuation of bearish pressure.
⚖️ Neutral Patterns (Indecision)
📌 Doji – Open and close are nearly the same. Market indecision.
📌 Gravestone Doji – Long upper wick, no body. Signals potential bearish reversal.
📌 Dragonfly Doji – Long lower wick, no body. Can signal bullish reversal.
💡 Pro Tip: Combine these patterns with volume, support/resistance, and trendlines for more accurate signals.
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