I'm looking for the most powerful candle available. I want to know which candle has the strongest scent, longest burn time, and overall provides the best ambiance.
5 answers
KpopHarmonySoul
Fri Dec 20 2024
The Hammer and the Shooting Star are two highly respected candlestick patterns in technical analysis.
SolitudeEcho
Fri Dec 20 2024
The Hammer pattern is often seen as a bullish signal, indicating a potential reversal of a downtrend. It forms when a candlestick with a long lower wick and a small real body appears after a series of declining prices.
CryptoPioneer
Fri Dec 20 2024
The Shooting Star pattern, on the other hand, is considered bearish and signals a potential reversal of an uptrend. It forms when a candlestick with a long upper wick and a small real body emerges after a series of rising prices.
Martino
Fri Dec 20 2024
Both patterns are significant because they provide traders with clear reversal signals, helping them identify potential changes in market direction.
DongdaemunTrendsetting
Thu Dec 19 2024
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