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@MarcoHurtadoM
Software Developer | Crypto Fan | I am not Financial advisor #DYOR #SAFU
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Evening Star Pattern
An Evening Star is a bearish reversal candlestick pattern consisting of three candles: a large bullish candlestick, a small-bodied candle, and a bearish candle.
Evening Star patterns appear at the top of a price uptrend, signifying that the uptrend is nearing its end.
The opposite of the Evening Star is the Morning Star pattern, which is viewed as a bullish reversal candlestick pattern.
To identify an Evening Star pattern, look for the following criteria:
The Evening Star consists of three cand
Evening Star patterns appear at the top of a price uptrend, signifying that the uptrend is nearing its end.
The opposite of the Evening Star is the Morning Star pattern, which is viewed as a bullish reversal candlestick pattern.
To identify an Evening Star pattern, look for the following criteria:
The Evening Star consists of three cand
H&S Pattern
Understanding the Head and Shoulders Chart Pattern:
- Formation: Consists of two smaller peaks (shoulders) on either side of a higher peak (head).
- Breakout Confirmation: Occurs when the price breaks the neckline after forming the second shoulder, signaling a potential trend reversal upward
- Target: The move's potential height can be estimated from the head's height added to the breakout point.
This pattern is a classic reversal indicator, great for identifying entry points
#BTC #altcoins #BinanceSquareFamily #USDT #LearnTogether
Understanding the Head and Shoulders Chart Pattern:
- Formation: Consists of two smaller peaks (shoulders) on either side of a higher peak (head).
- Breakout Confirmation: Occurs when the price breaks the neckline after forming the second shoulder, signaling a potential trend reversal upward
- Target: The move's potential height can be estimated from the head's height added to the breakout point.
This pattern is a classic reversal indicator, great for identifying entry points
#BTC #altcoins #BinanceSquareFamily #USDT #LearnTogether
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Hi guys!
I'm Marco, and I've been here at Binance for years. Usually the posts I see are all in English, I will be your guru in Spanish 🙂.
If at any time you need help, advice or tips, you can write to me ✍️. I will do my best to answer any questions 🙋🏽♂️ .
Follow me I will be posting free signals and other analyzes 🧐.
We read soon ! 👋
I'm Marco, and I've been here at Binance for years. Usually the posts I see are all in English, I will be your guru in Spanish 🙂.
If at any time you need help, advice or tips, you can write to me ✍️. I will do my best to answer any questions 🙋🏽♂️ .
Follow me I will be posting free signals and other analyzes 🧐.
We read soon ! 👋
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