๐ Learn These Candlestick Patterns to Avoid Losses in Crypto!**
Understand these patterns and youโll get better at spotting market moves. ๐
๐ Spinning Tops**
๐ฉ๐ฅ Small body with long upper and lower wicks
โ๏ธ Shows indecision โ buyers and sellers are equally strong.
๐ Shooting Star**
๐ด Small body with a long upper wick
๐จ Bearish signal โ price went up but couldnโt hold; sellers stepped in.
๐จ Hammer**
๐ฉ Small body with a long lower wick
๐ ๏ธ Bullish signal โ sellers pushed price down, but buyers fought back.
โ๏ธ Doji**
โ Open and close are almost the same
๐ค Uncertainty โ the market is taking a pause, waiting for direction.
๐ช Bullish Engulfing**
๐ฅโ๐ฉ Green candle fully covers a smaller red candle
๐ฅ Strong sign of buyers taking control โ price may go up.
๐จ Bearish Engulfing**
๐ฉโ๐ฅ Red candle fully covers a smaller green candle
๐ฃ Strong sign of sellers taking over โ price may drop.
๐ Evening Star**
๐ฉโDojiโ๐ฅ
๐ Bearish reversal at the top โ uptrend might be ending.
๐ Morning Star**
๐ฅโDojiโ๐ฉ
๐ Bullish reversal at the bottom โ uptrend could be starting.
๐ช Three White Soldiers**
๐ฉ๐ฉ๐ฉ
๐ข Three strong green candles in a row โ buyers are in charge, trend is going up.
๐งจ Three Black Crows**
๐ฅ๐ฅ๐ฅ
๐ด Three strong red candles in a row โ sellers are winning, trend is going down.
๐ง Candles tell a story โ if you pay attention, youโll understand what the market is thinking.** ๐โจ
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