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Bitcoin: Bullish Hammer Candle Appears Bullish Hammer Candlestick The hammer candlestick appears at the bottom of a down trend and signals a bullish reversal. The hammer candle has a small body, little to no upper wick, and a long lower wick - resembling a ‘hammer’. The pattern indicates that the price dropped to new lows, but subsequent buying pressure forced the price to close higher, hinting at a potential reversal. The extended lower wick is indicative of the rejection of lower prices.
Long
by FAS_BTC
3
Coming Soon : Inverted Hammer In Bitcoin!Candlestick charts are an invaluable source of information for any trader. Despite the overwhelming candlestick pattern variants, it is still crucial to understand its functions. Supposed you’re analyzing the momentum or the market trend with an inverted hammer candlestick, here’s how you properly read and to apply it strategically. Generally, an inverted hammer is a type of candlestick pattern treated as a possible trend-reversal signal. As it is a well-known bullish reversal pattern, it mainly occurs at the end of a downtrend. The inverted hammer has a remarkable shape and clear-cut chart position make it recognizable among the others. Let’s see!
BITSTAMP:BTCUSDLong
by FAS_BTC
Bitcoin: downtrendThree entry signals in a downtrend The trading formula in a downtrend is you must only open SELL orders. There are 3 extremely important signals to watch out for: (1) Bearish reversal candlestick patterns, (2) The price breaks out of support to form a downtrend, (3) The price retests the levels in a downtrend. I will explain each signal so you can better understand it Signal 1: Reversal candlestick patterns from bullish to bearish The price will keep falling in a downtrend. Combined with bearish candlesticks , your trades will be a lot safer.
Long
by FAS_BTC
Bitcoin: Confirmation of the downtrend! :) Three entry signals in a downtrend The trading formula in a downtrend is you must only open SELL orders. There are 3 extremely important signals to watch out for: (1) Bearish reversal candlestick patterns, (2) The price breaks out of support to form a downtrend, (3) The price retests the levels in a downtrend. I will explain each signal so you can better understand it Signal 1: Reversal candlestick patterns from bullish to bearish The price will keep falling in a downtrend. Combined with bearish candlesticks, your trades will be a lot safer. Buy more more !!!
Long
by FAS_BTC
ICPUSD ⚡️ For the future $2500-$5k+ "Range 2 - 3 years" The Internet Computer is the world’s first blockchain that runs at web speed with unbounded capacity. It also represents the third major blockchain innovation, alongside Bitcoin and Ethereum — a blockchain computer that scales smart contract computation and data, runs them at web speed, processes and stores data efficiently, and provides powerful software frameworks to developers. By making this possible, the Internet Computer enables the complete reimagination of software — providing a revolutionary new way to build tokenized internet services, pan-industry platforms, decentralized financial systems, and even traditional enterprise systems and websites. The project was founded in October 2016 by Dominic Williams, and attracted notable interest from the crypto community. DFINITY raised a total of $121 million from contributors such as Andreessen Horowitz, Polychain Capital, SV Angel, Aspect Ventures, Electric Capital, ZeroEx, Scalar Capital, and Multicoin Capital, and several notable early Ethereum supporters. In 2018, over 50,000 registerter participants received ICP utility tokens in an airdrop. On December 18, 2020, DFINITY launched the alpha mainnet of the Internet Computer. In a final step towards decentralization, on May 10, 2021, DFINITY launched the Internet Computer into the public domain. This major milestone means that the internet now functions as a decentralized global computer — marked by the release of all of the Internet Computer’s source code into the public domain, as well as ICP utility token allowing tens of thousands of community members to govern the Internet Computer network.
COINBASE:ICPUSDLong
by FAS_BTC
10