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Draw a trendline from the bottom price action. visit here should be moving up from left to right. The line is located under all the price fluctuations. When price dips down and touches the line you just drew, you now buy.
Bullish Belt Hold - Single day pattern. A long white candle that forms with no lower shade is a sign of a downtrend. bitcoin bullish Any upper shadow is short.This is similar to a white Marubozu (long candle with no shadow).
Three White Soldiers is a reliable 3 Day Reversal Pattern. Three consecutive long white candles are formed in a downtrend. Each candle is contained within the body of its predecessor.
The Bollinger Bands have been trending up and are suggesting that the market might become volatile. This suggests that things could turn either way at any given moment.
Morning Doji Star is the opposite of Evening Doji Star. A long, black candle is followed with a gap in the morning. This creates a Doji of the day 2. The 3rd day will see a gap up with white candles. This should be long enough so that the old trend line crosses the middle of the first day.
All you need to do is search for support and resistance that have been tested more often than twice. And if the times frames are far apart, even better. The more valid support or resistance you find, the more tests you'll need and the more time frames. All you need to do is wait until the break occurs and then either buy or sale as appropriate.
What about time frames? What about the time frame? Is it a trend that lasts for 5 minutes on a bar chart, or an hour on a longer-lasting bar chart? Is it longer-lasting, lasting for days, weeks and even years?
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