Can SHIBA INU make a comeback? what do you think comment dow | Hamza322es on Binance Square

Trending Articles

Bookmarked and Liked

--

Can SHIBA INU make a comeback? what do you think comment down and follow. send red packets to get more.#TrendingTopic #SHIBA✅🚀 #learn2earn 
$SHIB 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

SHIB

0.00001222

-3.47%

6

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@GHAADIA_JAVED

Explore More From Creator

how to participate?

--

it looks like it's forming head and shoulders will it dump to 54k? comment what you guys think

--

Hammer candle stick pattern : The Hammer candlestick pattern is a bullish reversal pattern that signifies a potential turnaround in price. It typically forms at the end of a downtrend and signals the possibility of a bullish movement starting. It's called a "Hammer" due to its shape, which resembles a hammer with a long handle and a small head. 👀 What The Pattern Looks Like The Hammer pattern is formed of a single candlestick, which has the following characteristics: Small Real Body: The body of the candle, which is the difference between the opening and closing prices, should be small. This body can be either red (bearish) or green (bullish). Long Lower Shadow: The most defining feature of a Hammer is its long lower shadow (wick). This shadow should be at least twice the length of the real body. Little to No Upper Shadow: Ideally, a Hammer should have little to no upper shadow. If there's a small upper shadow, it can still be considered a Hammer, but the absence of an upper shadow is more ideal. Position within a Trend: For the pattern to be considered a Hammer, it must form after a downtrend. If the same shape appears after an uptrend, it is called a "Hanging Man" and can be bearish. 🧠 Pattern Psychology To fully understand the Hammer candlestick pattern, we need to delve into the market psychology behind it: Previous Downtrend: Before the Hammer appears, there's a prevailing downtrend. This means that the bears have been in control, and the sentiment is pessimistic. Intra-day Decline and Recovery: On the day the Hammer is formed, prices generally open and continue to move down, suggesting that bears are still trying to push the prices lower. However, at some point during the day, a change in sentiment occurs. Buyers step in, pushing the price back up, often closing near or slightly below the opening price. Bulls Take Control: The long lower shadow represents the distance between the lowest traded prices of that day and the closing price, showing a rejection of the lower prices. #write2earn

--

Claim free rewards from the following link. Get free rewards #Memecoins #BinanceLaunchpool #SHIB #TrenddingTopic #LearnAndEarn

--

Click the link for free USDT. Claim free USDT #HotTrends #TrendingTopic." #BTC #freeshiba #shibvspepe

--

Latest News

Puffer Finance X Account Compromised, Users Advised to Avoid Interaction

--

Lloyds to Auction Over 280 Bitcoin-Related Domain Names

--

Ethereum Experiences Healthy Correction After Significant Surge

--

BNB Surpasses 830 USDT with a Narrowed 1.46% Decrease in 24 Hours

--

SEC Delays Decision on Canary XRP Trust Application

--

Trending Articles

Don’t Buy ETH Until You Read This Breakdown Brewing at $4,200

🚨 P2P Trading? Ignore These 4 Rules and You’re Guaranteed to Get Scammed

What’s going on with the Bitcoin Drop?

Double Standards in Energy: China Buys Cheap Russian Oil While Trump Punishes India for the Same

Exhaustion Zone Hit—Bitcoin Poised for a Rough Rebound

Cookie Preferences

Cookie Preferences