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@Coach Crypto Coins AMA's, Info, News and portfolio research. ✅ Get Pvt group Memberships : https://forms.gle/zqpawuVqVSd572pZ6 Contact: @ccc_verify Disclaimer: Educational content - This is Not a Financial advice ! DYOR !
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Hey everyone, 👋
Here's a quick overview of the Engulfing Candlestick Patterns: 🕯📊
Bullish Engulfing: When a small red candle 🔴 is followed by a larger green candle 🟢, it may mean the price is going to rise 📈.
We look for the next candle to close higher 🔼 to confirm the trend is going up.
Bearish Engulfing: When a small green candle 🟢 is followed by a larger red candle 🔴, it could mean the price is going to drop 📉.
If the next candle closes lower 🔽, that confirms the downtrend.
Keep these patterns in mind when you're making trade decisions! 💡💰
@Coach 🥳
Trading is always unpredictable 💯
Cover your losses first ✔️
🇺🇲 $SPX About to Hit New ATH Today 🏆🔼
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Biggest Trading Mistake ⚠️
Too much time is spent focusing on technical analysis and too little time is spent on risk management.
Always consider risk management first! ✔️
@Coach 🥳
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@CCCIO 🥳
👨🎓Quick lesson 📈👨🎓
The below chart shows an Inverse Head & Shoulders pattern. It’s a clue that the market might go up after being down.
- Left Shoulder, Head, Right Shoulder: Three dips, with the middle one (the head) being the lowest.
- Neckline: A resistance line where the price struggles to go higher.
- Breakout: When the price finally breaks through that neckline, it’s a signal the market might start rising.
This pattern means: the downtrend might be ending, and it’s time to watch for upward moves. 💪📈
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#IO BUY SETUP
Currently its retesting and imo we might see a good bull wave soon
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🚨⚠️ JUST IN: 🇺🇸 U.S. Charges 18 People and Companies for Cryptocurrency Market Manipulation and Fraud – Reuters
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@CCCIO 🥳
Hey fam! 📈
Below is the quick guide to bullish candlestick patterns:
1. Bullish Engulfing: Buyers take control.
2. Hammer: Strong rebound after a dip.
3. Morning Star: Trend reversal coming.
4. Piercing Pattern: Buyers stepping in.
5. Marubozu: Clear buying strength.
6. Three White Soldiers: Strong upward trend.
7. Bullish Harami: Buyers slowing the fall.
8. Inverted Hammer: Reversal potential after a drop.
9. Tweezer Bottom: Sellers losing steam.
Watch for these to spot market uptrends! 🚀
@Coach 🥳