$ETH How to interpret candle patterns

Candle patterns are formed by multiple candles in a specific sequence. There are several candle patterns, each with its interpretation. While some candle patterns provide information about the balance between buyers and sellers, others may indicate a point of reversal, continuation, or indecision.

Remember that candle patterns are not intrinsically buy or sell signals. They offer a way to interpret price behavior and market trends, helping to identify potential future opportunities. Therefore, it is essential to consider the context when analyzing the patterns.