Candlestick Trading Patterns Explained PDF
Crypto Candles - these candlesticks use the same bitcoin price data as bar charts (open, high, low, and close). However, these candles resembles and looks like a candle with wicks on both ends as opposed to bar charts that resemble bars.
How to Interpret/Analyze and Analyze Candles Patterns
The rectangle part of a bitcoin candle is called the body.
The high & low of the candle are described as shadows and drawn as poking and protruding lines.
How to Interpret/Analyze and Analyze Candles Pattern Setups -Crypto Candle Patterns Tutorial Guide with Examples PDF
The colour of candlestick is either blue or red
- (Blue or Green Color) - Bitcoin Prices headed up
- (Red Colour) - Bitcoin Prices headed down
Most bitcoin trading platforms such as the MT4 bitcoin trading platform, use colors to mark direction. Color used are blue or green - green color candlesticks: when bitcoin price moves up, red color candlesticks: when bitcoin price moves down.
Crypto Candle Setups Tutorial with Examples Guide
Candlestick Trading Patterns Explained PDF
Doji Crypto Currency Candle Patterns Tutorial Guide with Examples Guide
This is a cryptocurrency candle setup pattern with same opening & closing bitcoin price. There are various types of doji cryptocurrency candlesticks setup which form on charts.
The following example show various patterns of the doji cryptocurrency candle:
Long-legged doji cryptocurrency candle pattern has long upper & lower shadows with opening & closing bitcoin price at the middle. When Long-legged doji appears on a Bitcoin chart it demonstrates and shows the indecision between the cryptocurrency traders, buyers & the sellers(bears).
Shown Below is an example screen-shot screen shot of the Long Legged Doji bitcoin candles pattern formation
Doji Crypto Pattern - Doji Crypto Candle Patterns Lesson with Example Lesson Guide
Doji Crypto Currency Pattern - Doji Crypto Candle Patterns Tutorial Guide with Example PDF
Marubozu Crypto Currency Candle Patterns Tutorial Guide with Examples Guide
Marubozu crypto currency candle pattern are long candle-sticks which have no upper or lower shadows, Like the ones displayed and illustrated below.
Marubozu Crypto Currency Candle Patterns Tutorial Guide with Example Lesson Guide
Marubozu crypto currency candle pattern are continuing crypto candle patterns that show btcusd price is going to continue in the same direction as that of marubozu cryptocurrency trading candlestick. The marubozu cryptocurrency candlesticks pattern can be white/blue or black/red depending on the direction of the cryptocurrency trend.
Spinning Tops Candles CryptoCurrency Candle Patterns Tutorial Guide with Examples Guide
Spinning tops crypto candle-stick pattern formation have small body with long upper ==22==and lower shadows. These spinning top btcusd bitcoin crypto candlesticks patterns are referred to by this term because these candles arrangements are similar to spinning tops on a match-stick.
The upper & lower shadows of the spinning tops candles pattern formation are longer than the body. Example illustrated below illustrates the spinning tops cryptocurrency candle pattern. You can look for the pattern in your MetaTrader 4 Bitcoin Platform/Software cryptocurrency charts. The example shown below shows a screen-shot to help traders when it comes to studying and understanding these cryptocurrency candle pattern.
Spinning Top Candle Patterns Tutorial Guide with Example Lesson Guide
Colour of spinning tops candlestick candles pattern formation isn't very important, this pattern show the indecision between the buyers and sellers in Bitcoin market. When these btcusd crypto currency patterns appear at the top of a ==22==bitcoinbtcusd trend or at the bottom of bitcoin cryptocurrency trend it may signal that the bitcoin trend is coming to an end ==22==and it may soon reverse & start heading in the other direction. However, it's best to wait for confirmation bitcoin signals that the direction of a instrument has reversed before trading the signal from this cryptocurrency candle set-up formation.
Hammer Bitcoin Candle Pattern and Hanging Man Bitcoin Crypto Currency Candle Patterns Tutorial Guide with Examples Guide
Hammer Bitcoin Candle Pattern and Hanging Man Bitcoin Candle Pattern candles look similar but hammer is bullish reversal candle-stick pattern and hanging man is a bearish reversal candle pattern.
Crypto Candle Patterns Lesson with Example PDF
Hammer Candlestick Patterns Tutorial Guide with Examples Guide
Hammer candle pattern formation is a potentially bullish cryptocurrency candle setup pattern which occurs and forms during a downward cryptocurrency trend. ==22==It--isIt'sIt--is named and called so because the bitcoin crypto market is hammering a bottom.
Hanging Man Crypto Currency Candle Patterns Tutorial Guide with Examples Guide
This hanging man crypto currency candle pattern formation is a potentially bearish bitcoin trading reversal cryptocurrency signal which forms during a upward cryptocurrency trend. It is named & called so because it resembles a man dangling on a noose up high.
Crypto Candle Patterns Tutorial Guide with Example PDF
Inverted Hammer Candle Patterns Tutorial Guide with Examples Guide
This is a bullish reversal cryptocurrency candle pattern. It occurs at the bottom of a trend.
Inverted hammer ==22==cryptocurrencycrypto candle pattern occurs at the bottom of a down bitcoin trend and indicates possibility of a reversal of the downwards cryptocurrency trend.
Crypto Candle Patterns Guide with Examples PDF
Shooting Star Candle Patterns Tutorial Guide with Examples Guide
Shooting Star is a bearish reversal cryptocurrency candle pattern. It forms at the tops of a cryptocurrency market trend.
Shooting Star candle-stick pattern forms at the top of an up-trend in the btcusd market where the open bitcoin price is same as the low and bitcoin price then rallied up but was pushed back down to close near the opening.
Shooting Star Candlestick - Candle Patterns Tutorial Guide with Example PDF
Piercing Line Crypto Candle Patterns Tutorial Guide with Examples Guide
Piercing line candlestick pattern formation is a long black body then followed by long white body candlestick.
White body pierces the mid point of the prior black body.
This Piercing Line cryptocurrency candle pattern is a bullish reversal cryptocurrency candle setup that forms at the bottom of a market ==22==downwardsdownward cryptocurrency trend. It shows the bitcoin crypto market opens lower ==22==& closes above the mid point of the black body.
This Piercing Line cryptocurrency candle-stick pattern displays that the power of the down bitcoin trend is reducing/decreasing and btcusd market bitcoin trend is likely to reverse & move in an up-wards direction.
This Piercing Line cryptocurrency candle pattern formation is displayed known as a piercing line signifying and signaling the btcusd cryptocurrency market is piercing a bottom showing a market floor for bitcoin price downward cryptocurrency trend.
Crypto Candle Patterns Lesson with Example Lesson Guide
Dark Cloud Cover Candle Patterns Tutorial Guide with Examples Guide
Opposite of piercing candle cryptocurrency candle.
This candlestick is a long white body followed by a long black body.
The black body pierces the mid point of previous white body.
This is a bearish reversal bitcoin pattern which forms at the top of an up-wards cryptocurrency trend.
Dark Cloud Cover candle pattern that the btcusd market opens higher and closes below the midpoint of the white body.
Dark Cloud candle-stick pattern formation displays that the power of the up bitcoin trend is reducing/decreasing and btcusd market bitcoin trend is likely to reverse & move in a downward bitcoin trade direction.
Dark Cloud Cover candle setup is shown known as a cloud cover signifying and signaling the cloud as a ceiling for the bitcoin price upward cryptocurrency trend.
Dark Cloud Candle Pattern - ==22==CandlestickCandle Patterns Tutorial Guide with Example PDF
Morning Star Candle Patterns Tutorial Guide with Examples Guide
Crypto Candle Patterns Tutorial Guide with Example Lesson Guide
Evening Star Candlestick Patterns Tutorial Guide with Examples Guide
Opposite of the morning star bitcoin crypto candlesticks pattern formation
Crypto Currency Candle Patterns Tutorial Guide with Bitcoin Example - Candle Lesson Guide
Crypto Candle Setups Tutorial with Examples Guide
Engulfing is a reversal cryptocurrency candle pattern formation that can be bullish or bearish depending upon whether it displays up at the end of a cryptocurrency market down btcusd trend or at the end of a cryptocurrency market upward cryptocurrency trend.
Crypto Candle Patterns Lesson with Example Lesson Guide
Crypto Currency Candle Patterns - Candle Patterns Tutorial Guide PDF
More Lessons and Tutorials and Topics:
- How Much Does it Cost to Register a Nano BTCUSD Account?
- Bitcoin Pattern Setup Explained with Examples in BTCUSD Charts
- What is a Shooting Star Candlesticks?
- Copy Trade Software MetaTrader 4 & Copier Trade Software MetaTrader 5 Software
- How to Trade BTC USD Charts on Bitcoin Software Illustrated
- BTC USD Candlesticks Patterns Indicator
- How ==22==CanDo You Set BTC/USD MT4 Expert Advisor Automated ==22==EAExpert--Advisor Expert Advisor ==22==RobotBot in MT4 Software Platform?
- Bitcoin Leverage & Margin Trade Explanation and Examples
- What is Market Maker BTC USD Account Meaning?
- How ==22==CanDo You Analyze/Interpret MetaTrader 4 Bitcoin Trading Charts Analysis?
