Trade Bitcoin Trading

Reversal Bitcoin Candlesticks Pattern Setups - Hanging Man Bitcoin Candlestick Pattern

Hanging Man Bitcoin Candles Pattern

Hanging Man Bitcoin Candlesticks Pattern is a potentially bearish reversal crypto currency signal which forms during a bitcoin upwards trend. Hanging Man Candlesticks Pattern is named and called so because it resembles and looks like a man hanging and dangling on a noose up high.

A hanging man cryptocurrency candlesticks setup has:

  • A small body
  • The body is at the top
  • Lower shadow is two or three times length of real body.
  • Has no upper shadow or has a very small upper shadow if present.
  • The colour of the body isn't important

Hanging Man Bearish Bitcoin Candle Setup - Hanging Man Bearish BTCUSD Candles Setup

How to Bitcoin Trade Hanging Man Bitcoin Candlesticks Pattern Setups - Bitcoin Analysis of Hanging Man Bitcoin Candlesticks Pattern

Bitcoin Analysis of Hanging Man Bitcoin Candles Patterns

The sell cryptocurrency signal is confirmed when a bearish crypto candlesticks closes below the open of the candlesticks on the left side of the hanging man cryptocurrency candles pattern setup.

Stop Loss orders should be set a few pips just above the high of the hanging man cryptocurrency candlesticks pattern setup formation.

Learn More Topics & Guides:

Forex Seminar Gala

Forex Seminar

Bitcoin Broker