ArShevelev

Bitcoin Hammer on 4h. Possible Reversal

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ArShevelev Güncellendi   
BITMEX:XBTUSD.P   Bitcoin
Hello, First of all, likes and subs are appreciated.

Key points about Hammer Candlestick pattern:
  • Hammers have a small real body and a long lower shadow.
  • Hammers occur after a price decline.
  • The hammer candlestick shows sellers came into the market during the period but by the close the selling had been absorbed and buyers had pushed the price back to near the open.
  • The close can be above or below the open, although the close should be near the open in order for the real body to remain small.
  • The lower shadow should be at least two times the height of the real body.
  • Hammer candlesticks indicate a potential price reversal to the upside. The price must start moving up following the hammer; this is called confirmation.
  • Trades are typically taken after the confirmation candle, not before

Additionaly to hammer, I spotted touch of the trend line:
İşlem elle kapatılmış:
🚨Price Failed Trend Line so 8300 is very possible now, looks like last fomo wave:
Yorum:
#BTC on 4h i can see bull div, and price trying to break resistance. interesting

🔵 🟡 𝗙𝗥𝗘𝗘 & 𝗣𝗥𝗘𝗠𝗜𝗨𝗠 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: t.me/+5hlxWmhHaKplN2Rk

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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.