Candle Crypto Trading Patterns Explained PDF

Crypto Candles - these candlesticks use the same bitcoin price data as bar crypto charts (open, high, low, and close). However, these candlesticks resembles a candle with wicks on both ends as opposed to bar crypto charts that resembles bars.

How to Analyze Candlesticks Patterns

The rectangle part of a bitcoin candle is called the body.

The high & low of the candle stick are described as shadows and plotted as poking lines.

How to Interpret Candlesticks Patterns -Crypto Candle Patterns Tutorial with Examples PDF

The color of the candle-stick is either blue or red

• (Blue or Green Color) - Bitcoin Prices moved up
• (Red Color) - Bitcoin Prices moved down

Most bitcoin trading platforms like the MT4 bitcoin trading platform, use colors to mark the direction. Colors used are blue or green - green color candlesticks: when bitcoin price moves up, red color candlesticks: when bitcoin price moves down.

Crypto Candlestick Patterns Tutorial with Examples PDF

Candle Crypto Trading Patterns Explained PDF

Doji Cryptocurrency Candle Patterns Tutorial with Examples PDF

This is a cryptocurrency candlestick pattern with same opening & closing bitcoin price. There are various types of doji cryptocurrency candlesticks pattern which form on Crypto charts.

The following example show various patterns of the doji cryptocurrency candlestick:

Long-legged doji cryptocurrency candlestick pattern has long upper and lower shadows with opening & closing bitcoin price at the middle. When Long legged doji appears on a Bitcoin chart it indicates indecision between cryptocurrency traders, buyers & the sellers.

Shown Below is an example screenshot image of the Long Legged Doji bitcoin candle-sticks pattern

Doji Cryptocurrency Pattern - Doji Cryptocurrency Candle Patterns Tutorial with Example PDF

Doji Cryptocurrency Pattern - Doji Cryptocurrency Candle Patterns Tutorial with Example PDF

Marubozu Cryptocurrency Candle Patterns Tutorial with Examples PDF

Marubozu cryptocurrency candle pattern are long candlesticks that have no upper or lower shadows, Like the ones displayed and shown below.

Marubozu Cryptocurrency Candle Patterns Tutorial with Example PDF

Marubozu cryptocurrency candle pattern are continuing cryptocurrency candle-stick patterns that show bitcoin price is going to continue in the same direction as that of marubozu cryptocurrency trading candlestick. The marubozu cryptocurrency candles pattern can be white/blue or Black/red depending on the direction of the cryptocurrency trend.

Spinning Tops Candles Cryptocurrency Candle Patterns Tutorial with Examples PDF

Spinning tops cryptocurrency candlestick pattern have a small body with long upper and lower shadows. These spinning top bitcoin candlesticks patterns are referred to by this name because these candlesticks arrangements are similar to spinning top on a match-stick.

The upper and lower shadows of the spinning tops cryptocurrency candles pattern are longer than the body. Example illustrated below shows the spinning top cryptocurrency candle pattern. You can look for the pattern on your MT4 Bitcoin Trading Platform cryptocurrency charts. The example illustrated below shows a screenshot to help traders when it comes to learning and understanding these cryptocurrency candle pattern.

Spinning Top Cryptocurrency Candle Patterns Tutorial with Example PDF

Color of spinning tops candle cryptocurrency candle sticks pattern is not very important, this formation explain the indecision between the buyers & sellers in Bitcoin Trading market. When these btcusd patterns appear at the top of a bitcoin trend or at the bottom of the bitcoin trend it might signal that the bitcoin trend is coming to an end & it may soon reverse & start going the other direction. However, it is best to wait for confirmation bitcoin signals that the direction of a crypto instrument has reversed before trading the signal from this cryptocurrency candlestick pattern formation.

Hammer Bitcoin Candle Pattern & Hanging Man Bitcoin Cryptocurrency Candle Patterns Tutorial with Examples PDF

Hammer Bitcoin Candle Pattern & Hanging Man Bitcoin Candle Pattern candlesticks look alike but hammer is bullish reversal cryptocurrency candlestick pattern and hanging man is a bearish reversal cryptocurrency candle pattern.

Crypto Candle Patterns Tutorial with Example PDF

Hammer Cryptocurrency Candle Patterns Tutorial with Examples PDF

Hammer cryptocurrency candle pattern is a potentially bullish cryptocurrency candlestick pattern which occurs during a crypto downward cryptocurrency trend. It is named so because the btcusd market is hammering out a market bottoms.

Hanging Man Cryptocurrency Candle Patterns Tutorial with Examples PDF

This hanging man cryptocurrency candlestick pattern is a potentially bearish bitcoin trading reversal cryptocurrency signal which forms during a crypto upward cryptocurrency trend. It's named so because it resembles a man hanging on a noose up high.

Crypto Candle Patterns Tutorial with Example PDF

Inverted Hammer Cryptocurrency Candle Patterns Tutorial with Examples PDF

This is a bullish reversal cryptocurrency candlestick pattern. It occurs at the bottoms of a Crypto trend.

Inverted hammer cryptocurrency candle pattern occurs at the bottoms of a down bitcoin trend & indicates the possibility of reversal of the downward cryptocurrency trend.

Crypto Candle Patterns Guide with Examples PDF

Shooting Star Cryptocurrency Candle Patterns Tutorial with Examples PDF

Shooting Star is a bearish reversal cryptocurrency candlestick pattern. It forms at the tops of a cryptocurrency market trend.

Shooting Star cryptocurrency candlestick pattern occur at the top of an up cryptocurrency trend in the btcusd market where the open bitcoin price is same as the low & bitcoin price then rallied up but was pushed back down to close near the open.

Shooting Star Candlestick - Crypto Candle Patterns Tutorial with Example PDF

Piercing Line Cryptocurrency Candle Patterns Tutorial with Examples PDF

Piercing line candlestick pattern is a long black body followed by a long white body candle.

White body pierces the mid point of the prior black body.

This Piercing Line cryptocurrency candlestick pattern is a bullish reversal cryptocurrency candlestick pattern that forms at the bottom of a market downward cryptocurrency trend. It shows that the btcusd trading market opens lower & closes above the midpoint of the black body.

This Piercing Line cryptocurrency candlestick pattern shows that the momentum of the down bitcoin trend is reducing and btcusd trading market bitcoin trend is likely to reverse and move in an upward direction.

This Piercing Line cryptocurrency candle pattern is displayed known as a piercing line signifying the btcusd market is piercing the bottom showing a market floor for the bitcoin price downwards cryptocurrency trend.

Crypto Candle Patterns Tutorial with Example PDF

Dark Cloud Cover Cryptocurrency Candle Patterns Tutorial with Examples PDF

Opposite of piercing candlestick cryptocurrency candle.

This candlestick is a long white body followed by a long black body.

The black body pierces the mid point of the prior white body.

This is a bearish reversal bitcoin pattern which forms at the tops of an upwards cryptocurrency trend.

Dark Cloud cover cryptocurrency candle pattern that the btcusd trading market opens higher & closes below the midpoint of the white body.

Dark Cloud cover cryptocurrency candlestick pattern shows that the momentum of the up bitcoin trend is reducing and btcusd trading market bitcoin trend is likely to reverse and move in a downward bitcoin trading direction.

Dark Cloud cover cryptocurrency candle-stick pattern is shown known as a cloud cover signifying the cloud as a ceiling for the bitcoin price upward cryptocurrency trend.

Dark Cloud Cover Cryptocurrency Candle Pattern - Cryptocurrency Candle Patterns Tutorial with Example PDF

Morning Star Cryptocurrency Candle Patterns Tutorial with Examples PDF

Crypto Candle Patterns Tutorial with Example PDF

Evening Star Cryptocurrency Candle Patterns Tutorial with Examples PDF

Opposite of the morning star bitcoin candle-sticks pattern

Cryptocurrency Candle Patterns Tutorial with Bitcoin Example - Candle Tutorial

Crypto Candlestick Patterns Tutorial with Examples PDF

Engulfing is a reversal cryptocurrency candle pattern which can be bearish or bullish depending upon whether it shows up at the end of a cryptocurrency market down bitcoin trend or at the end of a cryptocurrency market upwards cryptocurrency trend.

Crypto Candle Patterns Tutorial with Example PDF

Cryptocurrency Candle Patterns - Cryptocurrency Candle Patterns Tutorial PDF