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Reversal Candlestick Setups - Inverted Hammer Bitcoin Candle Pattern

Reversal Candlesticks BTCUSD Setups: Bullish Candles Patterns and Bearish Bitcoin Candlesticks Patterns

Inverted Hammer BTCUSD Candlesticks Pattern and Shooting Star Bitcoin Candlesticks Pattern candles look similar. These candlesticks have a long upper shadow and a short body at the bottom. Their fill colour does not matter. What matters is the point at where they appear whether at the top of a trend (star) or bottom of price trend (hammer).

The difference is that inverted hammer candlesticks pattern is a bullish market reversal candlestick pattern while shooting star candlesticks setup is a bearish market reversal candlestick setup.

Upward Crypto Trend Reversal - Shooting Star Candles Pattern

Downward Bitcoin Trend Reversal - Inverted Hammer Candlesticks pattern

Inverted Hammer Bearish Bitcoin Candlesticks Setup - Inverted Hammer Bearish BTCUSD Candle Pattern

Inverted Hammer BTCUSD Candles Pattern and Shooting Star Bitcoin Candle Setup Bitcoin Setup Setups

Inverted Hammer BTCUSD Candle-sticks Pattern

Inverted Hammer Candlestick Setup is a bullish reversal candlesticks pattern setup. It forms at the bottom of a trend.

Inverted hammer candlesticks pattern setup formation occurs at the bottoms of a down bitcoin trend and reflects possibility of a reversal of the downwards trend.

How to Trade Inverted Hammer BTCUSD Candles Setups - Inverted Hammer Bearish BTC/USD Crypto Candles Setup

Inverted Hammer Candlestick Setups - How to Trade Inverted Hammer BTCUSD Candles Pattern Setups - How to Interpret and Interpret Inverted Hammer BTCUSD Candle-sticks Pattern

Analysis of Inverted Hammer BTCUSD CryptoCurrency Candle Pattern

A buy is confirmed when a candlestick closes above the neck-line of the inverted hammer candle pattern, this is the opening bitcoin price of the candlestick to the left side of this inverted hammer candle pattern. The neck-line in this case is a resistance level.

Stoploss orders for the buy trade positions should be set a couple of pips below the lowest bitcoin price on the recent low of this inverted hammer candlesticks pattern setup.

Inverted hammer is named so because it shows that the bitcoin crypto market is hammering a bottom.

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