Evening Star BTCUSD Candle Pattern
Evening Star Bearish Cryptocurrency Candlestick Patterns
Morning Star BTCUSD Candle Pattern
Morning Star Bitcoin Trading Candle Pattern
Morning Star Bitcoin Trading Candle Pattern
Morning star is a three day bullish reversal bitcoin pattern.
The first day is a long black candlestick.
The second day is a morning star which gaps away from the long black candle.
Third day is a long white candle which fills the gap.
Filling of the gap and closing of the white candle above the gap is a strong bullish Bitcoin signal.
Traders should open a buy bitcoin trade after market bitcoin trading price closes above the gap formation of morning star candle pattern. This is the confirmation signal of a buy cryptocurrency signal generated by this Morning Star Candlestick pattern.
Evening Star BTCUSD Candle Pattern
Opposite of the morning star
Evening Star BTCUSD Trading Candle Pattern
Evening Star BTCUSD Candlestick Pattern
Evening star is a three day bearish reversal bitcoin pattern.
First day is a long white candlestick.
The second day is the evening star that gaps away from long white candlestick.
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 trading market closes below the gap formation of the evening star candlestick pattern. This is the confirmation signal of a sell cryptocurrency signal generated by this Evening star candlestick pattern.
Engulfing Pattern
Engulfing is a reversal candlestick pattern that can be bearish or bullish depending upon whether it appears at the end of a market down bitcoin trend or at the end of a market upward cryptocurrency trend.
Bullish & Bearish Engulfing Pattern
Bullish and Bearish Engulfing Patterns
Color of the first candle indicates bitcoin trend of the day.
The second candle should completely engulf the first candlestick & it should have the opposite color.
For Bullish Engulfing the color of the candle should be Blue
For Bearish Engulfing the color of the candlestick should be Red
