Evening Star BTC/USD Crypto Candle Pattern
Evening Star Bearish Candle Setups
Morning Star BTCUSD Candle-stick Setup
Morning Star Bitcoin Candle Pattern
Morning Star Bitcoin Candlestick Setup
Morning star candlestick is a three day bullish price reversal bitcoin pattern.
The first day is a long black stick.
The second day is a morning star which gaps away from the long black candlesticks.
Third day is a long white candle which fills the gap.
Filling of the gap and closing of the white candlestick above the gap is a strong bullish Bitcoin signal.
Traders should open a buy bitcoin trade after market bitcoin price closes above the gap setup of morning star candle stick setup. This is the confirmation signal of a buy cryptocurrency signal generated by this Morning Star Candlestick pattern.
Evening Star BTCUSD CryptoCurrency Candle Setup
Opposite of morning star
Evening Star Bitcoin Candle Pattern
Evening Star Bitcoin Crypto Currency Candlestick Setup
Evening star candle is a 3 day bearish price reversal bitcoin pattern.
First day is a long white stick.
The second day is the evening star that gaps away from the long white stick.
Third day is a long black candle which fills the gap.
Filling of the gap and closing of the black candlestick below the gap is a strong bearish Bitcoin signal.
Traders should open a sell bitcoin trade once the btcusd market closes below the gap setup formation of the evening star candlestick pattern. This is the confirmation signal of a sell cryptocurrency signal generated by this Evening star candle setup.
Engulfing Pattern
Engulfing is a reversal candle setup that can be bearish or bullish depending upon if it forms at the end of a market down bitcoin trend or at the end of a market upward cryptocurrency trend.
Bullish and Bearish Engulfing Pattern
Bullish & Bearish Engulfing Candle Patterns
Color of the first candle indicates btcusd crypto trend of the day.
The second candle should completely engulf the first candlestick & it should have the in the opposite trend color.
For Bullish Engulfing colour of the candle should be Blue
For Bearish Engulfing colour of the candle should be Red
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