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Cryptocurrency Candlesticks Explained

Cryptocurrency Candle Setups Quick Reference Cards PDF

The List of Bitcoin Candle Explained - Types of Candle Setups Examples

The List of candles pattern setup in bitcoin candles used to trade Bitcoin - The top 10 most commonly used candles pattern setup in bitcoin trading used to trade the online bitcoin market.

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Doji is a candle setup pattern with same opening & closing btcusd crypto price. There are various types of doji crypto candles pattern which form on Cryptocurrency charts.

The following example show various patterns of the doji candlestick:

Long-legged doji Bitcoin Candle Setup in Bitcoin Trading has long upper and lower shadows with the opening and closing bitcoin price at the middle. When Long legged doji pops up on Bitcoin chart it illustrates indecision between traders, the buyers & the sellers.

Shown Below is example of the Long Legged Doji bitcoin crypto candlesticks pattern setup

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Marubozu Bitcoin Candle Setup in Bitcoin Trading are long candlesticks which have no upper or lower shadows, Like the ones displayed and illustrated below.

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Marubozu Bitcoin Candle Setup in Bitcoin Trading are continuing cryptocurrency candle patterns which show bitcoin price is going to continue in same direction as that of marubozu cryptocurrency trading candlestick. The marubozu cryptocurrency candlesticks pattern can be white/blue or Black/red depending on the direction of the market trend.

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Spinning tops Bitcoin Candle Setup in Bitcoin Trading have a small body with long upper and lower shadows. These spinning top candles pattern setup in bitcoin candlesticks are referred to by this name because they are similar to spinning tops on a matchstick.

The upper and lower shadows of the spinning top cryptocurrency candlesticks pattern setup are longer than the body. The example illustrated below illustrates the spinning top Bitcoin Candle Setup in Bitcoin. You can look for the pattern in your MT4 BTCUSD Crypto Software charts. The example illustrated below shows a screen-shot to help traders when it comes to learning & understanding these Bitcoin Candle Setup in Bitcoin.

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The color of spinning top candlestick crypto candles pattern setup isn't important, this pattern shows the indecision between buyers & the sellers in BTCUSD Crypto market. When these btcusd cryptocurrency set-ups appear at the top of a bitcoin crypto trend or at the bottom of btcusd crypto trend it may signal that the bitcoin crypto currency trend is coming to an end & it may soon reverse & start moving in the opposite trend direction. However, it is best to wait for confirmation bitcoin trade signals that direction of a bitcoin trend has reversed before taking the signal from the Bitcoin Candle Setup in Bitcoin Trading formation.

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Hammer Bitcoin Candlestick Setup & Hanging Man Bitcoin Candlestick Setup candles look alike but hammer is bullish reversal Bitcoin Candle Setup in Bitcoin Trading and hanging man is a bearish reversal Bitcoin Candle Setup in Bitcoin.

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Hammer Bitcoin Candle Setup in Bitcoin Trading is a potentially bullish candlestick setup which occurs during a bitcoin downward trend. It's named so because the bitcoin crypto trading market is hammering a bottom.

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This hanging man Bitcoin Candle Setup in Bitcoin Trading is a potentially bearish bitcoin trading reversal cryptocurrency signal which forms during a bitcoin upwards trend. It is named so because it looks like a man hanging on a noose up high.

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This is a bullish reversal Bitcoin Candle Setup in Bitcoin. It forms at the bottom of a Cryptocurrency trend.

Inverted hammer Bitcoin Candle Setup in Bitcoin Trading occurs at the bottom of a downward bitcoin trend and indicates possibility of a reversal of the downward trend.

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Shooting Star is a bearish reversal Bitcoin Candle Setup in Bitcoin. It forms at the top of a trend.

Shooting Star Bitcoin Candle Setup in Bitcoin Trading occur at the top of an upward trend in the btcusd market where the open bitcoin price is same as the low & bitcoin price then rallied up but was forced back down to close near the open.

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Piercing line candle pattern in bitcoin trading is a long black body followed by a long white body candle.

White body pierces the mid point of the prior black body.

This Piercing Line Bitcoin Candle Setup in Bitcoin Trading is a bullish reversal Bitcoin Candle Setup in Bitcoin Trading that occurs at the bottom of a market down ward trend. It shows that the bitcoin crypto trading market opens lower & closes above the mid point of the black body.

This Piercing Line Bitcoin Candle Setup in Bitcoin Trading shows that the momentum of the downward bitcoin trend is reducing & btcusd trading market bitcoin trend is likely to reverse and move in an upward direction.

This Piercing Line Bitcoin Candle Setup in Bitcoin Trading is shown known as a piercing line signifying the btcusd market is piercing the bottom illustrating a market floor for the bitcoin price downward trend.

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Opposite of piercing candle candlestick.

This candlestick is a long white body followed by a long black body.

Black body pierces the midpoint of the prior white body.

This is a bearish reversal bitcoin pattern in bitcoin trading that occurs at the top of an upward trend.

Dark Cloud Bitcoin Candle Setup in Bitcoin Trading that the btcusd trading market opens higher and closes below the mid point of the white body.

Dark Cloud Bitcoin Candle Setup in Bitcoin Trading shows that the momentum of the upward bitcoin trend is reducing & btcusd trading market bitcoin trend is likely to reverse and move in a downward bitcoin trading direction.

Dark Cloud Bitcoin Candle Setup in Bitcoin Trading is shown known as a cloud cover signifying the cloud as a ceiling for the bitcoin price upward trend.

How Do I Read Dark Cloud Bitcoin Candlestick Pattern Bullish or Bearish?

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Opposite of morning star btcusd crypto candlesticks pattern setup

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Engulfing is a reversal Bitcoin Candle Setup in Bitcoin Trading that can be bearish or bullish depending upon whether it appears at the end of a market downwards bitcoin trend or at the end of a bitcoin market upward trend.

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Crypto Candlesticks Explained - Candles Made Easy Review - Bitcoin Candlesticks Pattern Setups Explained Tutorial - Cryptocurrency Candle Setups Quick Reference Cards PDF - Bitcoin Candle Explained

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