The Morning Star setup in crypto - bullish or bearish?
What Happens in Crypto Currency after a Morning Star Candlesticks Pattern?
Morning Star Pattern Bitcoin Candlestick Setup
Morning star candlesticks setup is a 3 day bullish reversal bitcoin pattern.
The first day is a lengthy, dark stick.
Second day is a morning star candlestick that gaps away from the long black stick.
Day Three: Long White Candle Fills the Gap.
Filling of the gap and closing of the white candlestick above the gap is a strong bullish bitcoin trade signal.
Traders should open a buy bitcoin cryptocurrency trade after market bitcoin price closes above the gap setup of morning star cryptocurrency candles pattern. This is the confirmation signal of a buy cryptocurrency signal derived & generated by this bitcoin Morning star candlesticks pattern setup formation.
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