📈 Master These Candlestick Patterns to Become a Pro Trader! 💥🔥
Knowing how to read candlestick patterns can be a game-changer in trading. Here are some powerful patterns to watch for on Binance—learn these, and you might never face losses again! 💪
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🔰 Bullish Engulfing When a small red candle is followed by a larger green one that engulfs it, strong buying interest is taking over. Seen at the end of a downtrend, it signals a bullish reversal. 🚀
🔰 Bearish Engulfing A green candle followed by a larger red one? Sellers are dominating! Often after an uptrend, this hints at a potential bearish reversal. 📉
🔰 Dark Cloud Cover When a red candle opens above a green one but closes below its midpoint, it signals bearish pressure. Reflects hesitation and potential reversal in an uptrend. 🌥️
🔰 Cloud Break In Ichimoku analysis, an upward cloud break signals a bullish trend, while a downward break suggests bearish momentum. Perfect for spotting trend continuations or reversals! ⛅📈
🔰 Tweezer Top & Bottom When two candles form nearly identical highs (Tweezer Top) or lows (Tweezer Bottom), it's a strong signal of resistance or support, indicating a potential reversal. 📊
🔰 Bullish Harami A large red candle followed by a small green one shows sellers are losing steam. Often seen at the end of a downtrend, signaling bullish momentum ahead. 🐂
🔰 Bearish Harami A large green candle with a smaller red one inside shows buyers are weakening. Commonly appears at the end of an uptrend, hinting at bearish sentiment. 🐻
🔰 Division Pattern A split in candles can signal indecision—a transition between buyers and sellers. This can lead to a breakout or continuation of the trend, so look for confirmation! 📌
🔰 Bullish & Bearish Counter Attack After a trend, when the second candle closes near the previous open, it signals a shift in sentiment. Bullish after a downtrend; bearish after an uptrend. 🌠
🔰 Two Flying Arrows Two consecutive candles in the same direction mean strong momentum! Use this rare pattern to confirm trend strength and seek entry points. 🏹
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🔥 Turn your insights into profits! Trade smart and confidently on Binance with these candlestick patterns!
Always remember to DYOR before trading! 🚨#BIOProtocol #EthereumRally #Write2Earn! #SOLFutureRise #AltCoinSeason
BITCOIN UPDATE TODAY - Next 29000$ ? | #38th Update
Good Evening, traders I trust you've been profitable by staying updated on our regular analyses. if you following me you'll know the market conditions and movements. CLICK-MY PROFILE WATCH THE LIVE GET BENEFITS 😜.
As I said last BTC update, "BTC if not hold on 43700 then we face dump to 41800$." BTC dump as we expected BTC accurately happened and Hit 416500 This is what I expected.
As of now the BTC showing a bearish moment according to 4h chart & 1h chart, 1 D chart . if anything change quickly I will update 0n X Author: @cryptofamilyrky
Bitcoin is currently trading around $42700
According to the 4-hourly chart.
4h Chart
📍- Resistance: $43254 🟢- Support: $41500
According to the 1-hourly chart.
1h Chart
📍- Resistance: $43215 🟢- Support: $42430
I will add 1h, 4h, D chart below this post see and get idea from the chart..
Why dump possible and correction probabilities!!
👉 When I look at the STOCH RSI, it's overbought on the daily, weekly, and even monthly scales. This means the market is exhausted and we might soon see a bigger correction
👉 BTC rejecting from the Four Year Cycle resistance. & BTC rejects from the Macro Diagonal.
👉 BTC correction or dump during the Pre-Halving period is influenced by historical trends. There's typically a 30-day window before the Pre-Halving rally, where a deeper retrace could occur. The Pre-Halving retrace itself, around the event, has seen variations like -38% in 2016 and -20% in 2020. However, the subsequent Re-Accumulation stage, marked by boredom and impatience, is where investors might be shaken-out.
Scenario 1: In my view, a small dump to 41500 or lower in the next few hours if breakdown this support $41300, $41000, $4800 is possible.
Scenario 2: , a small dump to 41500 or lower in the next few hours if this support $41500 hold then small pump $42000, $42700 is possible.
Even if 20,000 people seeing this post, only 1% will follow & like this post because they want to learn for earn. I hope you're one of them. like this post thanks.