TST - The Screet trading

Tweezer Bottom
The Tweezer bottom candlestick pattern is a bullish reversal pattern. The pattern consists of two or more candles with equal or identical lows forming a horizontal support level. This candlestick pattern is typically formed at the bottom of the price chart and signals a potential shift of momentum from bearish to bullish side.
Traders look to the tweezer bottom for a strong bullish signal. It signals that the buyers are stepping in and buying at the same level. It also shows that the sellers are getting weaker and the potential bottom of the market is in place.
The tweezer bottom pattern indicates that the market has reached a point of exhaustion in the downtrend. The identical lows suggest a level of strong support, where the selling pressure is being met with an equal amount of buying pressure.
A study conducted by Dr. Thomas N. Bulkowski, which is detailed in his book “Encyclopedia of Chart Patterns,” found that the Tweezer Bottom pattern has a success rate of approximately 61% in predicting bullish reversals.
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2. Bullish Harami
The bullish harami candlestick pattern is a two-candle pattern. The bullish harami pattern is characterised by the formation of a small body (Green) candle before a larger body (Red) candle. The occurrence of this pattern typically occurs at the bottom of the chart and indicates a potential reversal of a bearish trend towards the bullish side.
indicates confusion among the market participants. Also, the bullish harami pattern tells us that the selling pressure is declining and the buyers are slowly taking control over the market.
According to the study titled “Encyclopaedia of Candlestick Charts” by Thomas N. Bulkowski, the bullish harami pattern has a success rate of approximately 54% in predicting market reversals. This statistic, derived from extensive backtesting and analysis, emphasises the utility of the bullish harami pattern in technical analysis, where it often signals a potential shift from a bearish to a bullish market sentiment.

1. Bullish Engulfing
The bullish engulfing candlestick pattern indicates that the buyers are now in control and that the number of buyers has outweighed the number of sellers. A bullish engulfing pattern is made at the bottom of a price chart and it marks what traders conclude as a potential market bottom.
A bullish engulfing candlestick pattern can be identified when a small red candle’s high and low are breached or engulfed by a large green candle at the bottom of a price chart. Look at the image below.
is formed when the market opens lower than the previous day’s close, but then buyers step in and push the price higher, closing above the previous day’s open. The bullish engulfing candlestick pattern marks a clear transition from bearish to bullish market sentiment and an opportunity to take long positions.
According to the “Technical Analysis and Candlestick Patterns” study conducted by the University of Michigan in 2018, the bullish engulfing pattern has a success rate of approximately 65% in predicting future price increases. This study underscores the effectiveness of using historical price data and candlestick patterns, such as the bullish engulfing pattern, to gauge market sentiment and make informed trading decisions.
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X Empire Airdrop Listing Date Update
The X Empire airdrop list date has yet to be officially announced, but the team has hinted at several non-linear steps in the process. Based on their latest announcement, the X Empire roster date is expected to happen sometime in 2024, and the community is eagerly awaiting further data updates.
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Bangla Candlestick Pattern ১- প্রথমে মার্কেট নিচের দিকে যাবে তারপর ১নং এর মতো সবুজ কালারের একটা ক্যান্ডেল হবে।২- ১নং ক্যান্ডেল সাপোর্ট লাইন টাস করবে, সবুজ কালার হয়ে সাপোর্ট লাইনের উপরে ক্লোজ হবে।৩-২ নং ক্যান্ডেল মতো লাল ক্যান্ডেল হবে সাপোের্ট লাইন ব্রেক করে উপরে ক্লোজ হবে।পরের ক্যান্ডেল ডাউন যাবে।English Candlestick Pattern #TrendingTopic 1- First the market will go down and then there will be a green color candle like No.1. 2- No. 1 candle will toss the support line, turn green and close above the support line. A red candle like candle number 3-2 will break the support line and close above. The next candle will go down.candlestick pattern Language in China #ChinaTech #ChinaCrypto 1- 首先市场会下跌，然后会出现像 1 号一样的绿色蜡烛。 2- 1 号蜡烛将突破支撑线，变为绿色并收于支撑线上方。 类似 3-2 号蜡烛的红色蜡烛将突破支撑线并收于上方。 下一支蜡烛将会熄灭。Candlestick pattern language in Hindi #Hindi 1- सबसे पहले बाजार नीचे जाएगा और फिर नंबर 1 जैसी हरे रंग की कैंडल आएगी। 2- नंबर 1 कैंडल सपोर्ट लाइन को उछाल देगी, हरी हो जाएगी और सपोर्ट लाइन के ऊपर बंद हो जाएगी। एक लाल मोमबत्ती जैसी मोमबत्ती संख्या 3-2 समर्थन रेखा को तोड़ देगी और ऊपर बंद हो जाएगी। अगली मोमबत्ती बुझ जायेगी.#CandleStickPatterns