BitcoinLong
$BTC #3Soldiers #Bullish #Undeniable 100k by Thanksgiving
Millenials and GenZ will have something to give thanks for!
Here's a breakdown of the pattern's characteristics:
Three consecutive candles: The pattern is formed by three candles that appear one after the other.
Long bodies: Each candle should have a long body, indicating strong buying pressure.
Higher closes: Each candle should close higher than the previous one, forming a staircase-like pattern.
Small or no upper shadows: Ideally, the candles should have minimal or no upper shadows, suggesting that the bulls were in control throughout the trading session.
Small lower shadows: Small lower shadows on the candles indicate that the bears had little impact on the price.
(The only caveat to the tradional pattern is that this usually occurs after a downtrend)
- Zero
Here's a breakdown of the pattern's characteristics:
Three consecutive candles: The pattern is formed by three candles that appear one after the other.
Long bodies: Each candle should have a long body, indicating strong buying pressure.
Higher closes: Each candle should close higher than the previous one, forming a staircase-like pattern.
Small or no upper shadows: Ideally, the candles should have minimal or no upper shadows, suggesting that the bulls were in control throughout the trading session.
Small lower shadows: Small lower shadows on the candles indicate that the bears had little impact on the price.
(The only caveat to the tradional pattern is that this usually occurs after a downtrend)
- Zero
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.