How Many Candlesticks Pattern Setups are There in Bitcoin Trading?

Top 10 Candles Pattern Setups in Bitcoin & their Analysis:

How Do You Read Japanese BTCUSD Crypto Currency Candles Patterns? - How to Read Japanese BTCUSD Crypto Currency Candles Pattern Setups - Trading Bitcoin Study Candlesticks?

Shown Below is a beginners tutorial on how to read & analyze btcusd crypto currency candle patterns:

Doji BTCUSD Crypto Currency Candles Pattern Setups

This is a cryptocurrency candle-sticks pattern setup with same opening & closing bitcoin price. There are various types of doji cryptocurrency candlesticks setup which form on charts.

The following example show various patterns of the doji cryptocurrency candle:

Long-legged doji cryptocurrency candles pattern has long upper & lower shadows with opening and closing bitcoin price at the middle. When Long legged doji appears on a Bitcoin chart it demonstrates indecision between cryptocurrency traders, the buyers and the sellers.

Shown Below is an example screen-shot screen shot of the Long Legged Doji bitcoin candle-sticks pattern setup

Doji Crypto Pattern - Doji Bitcoin Candles Pattern Setups

Doji Cryptocurrency Pattern - Doji BTCUSD Crypto Currency Candles Pattern Setups

Marubozu Bitcoin Candles Pattern Setups

Marubozu cryptocurrency candle-sticks pattern setup are long candle-sticks which have no upper or lower shadows, Like the ones displayed & shown below.

Marubozu Bitcoin Candlestick Pattern Setups

Marubozu cryptocurrency candles pattern setup are continuing cryptocurrency candle patterns that show bitcoin price is going to continue in the same direction as that of marubozu cryptocurrency trading candlestick. The marubozu crypto candles pattern can be white/blue or Black/red depending on the direction of the cryptocurrency trend.

Spinning Top Candlesticks Bitcoin Candlesticks Pattern Setups

Spinning tops cryptocurrency candle-sticks pattern setup have a small body with long upper and lower shadows. These spinning top btcusd crypto currency candlesticks are referred to by this term because these candles formations are similar to spinning top on a match-stick.

The upper & lower shadows of the spinning top candlesticks pattern are longer than the body. Example illustrated below shows the spinning top candles pattern. You can look for the pattern in your MetaTrader 4 Bitcoin Platform cryptocurrency charts. The example illustrated below shows a screen-shot to help traders when it comes to studying & understanding these cryptocurrency candlesticks pattern setup.

Spinning Top Bitcoin Candlesticks Pattern Setups

Color of spinning top candle candlesticks pattern setup is not important, this formation shows indecision between buyers & the sellers in Bitcoin market. When these btcusd cryptocurrency patterns appear at the top of a bitcoin trend or at the bottom of the bitcoin crypto currency trend it may signal that the bitcoin trend is coming to an end and it may soon reverse and start moving in the opposite trend direction. However, it is best to wait for confirmation bitcoin signals that direction of a instrument has reversed before taking the signal from this cryptocurrency candles pattern formation.

Hammer Bitcoin Candlestick Pattern and Hanging Man Bitcoin BTCUSD Candle Pattern Setups

Hammer Bitcoin Candle Pattern & Hanging Man Bitcoin Candle Pattern candlesticks look alike but hammer is bullish reversal candle-sticks pattern setup and hanging man is a bearish reversal candlesticks pattern setup.

Crypto Candles Pattern Setups

Hammer BTCUSD Candle Pattern Setups

Hammer candle-sticks pattern is a potentially bullish cryptocurrency candle set-up which occurs during a downward cryptocurrency trend. It's named so because the btcusd cryptocurrency market is hammering out a bottom.

Hanging Man BTCUSD Candle Pattern Setups

This hanging man cryptocurrency candles pattern is a potentially bearish bitcoin trading reversal cryptocurrency signal which forms during a upward cryptocurrency trend. It is named so because it resembles a man hanging on a noose up high.

Crypto Candles Pattern Setups

Inverted Hammer BTCUSD Candle Pattern Setups

This is a bullish reversal cryptocurrency candle-sticks pattern setup. It occurs at the bottom of a trend.

Inverted hammer candle-sticks setup occurs at the bottom of a down bitcoin trend & indicates possibility of a reversal of the downward cryptocurrency trend.

BTCUSD Candle Pattern Setups

Shooting Star BTC/USD Crypto Candle Pattern Setups

Shooting Star is a bearish reversal cryptocurrency candlesticks pattern. It forms at the top of a cryptocurrency market trend.

Shooting Star candle-sticks setup occur at the top of an up-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.

Shooting Star Candlestick - Candles Pattern Setups

Piercing Line BTCUSD Candle Pattern Setups

Piercing line candle-stick pattern setup is a long black body followed by a long white body candlestick.

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

This Piercing Line cryptocurrency candle-sticks pattern setup is a bullish reversal cryptocurrency candles pattern that forms at the bottom of a market downward cryptocurrency trend. It shows that the bitcoin crypto market opens lower & closes above the midpoint of the black body.

This Piercing Line cryptocurrency candle-sticks setup highlights that momentum of the down bitcoin trend is reducing and btcusd market bitcoin trend is likely to reverse and move in an upwards direction.

This Piercing Line cryptocurrency candle-sticks pattern setup is displayed known as a piercing line signifying the btcusd market is piercing a bottom illustrating a market floor for bitcoin price downwards cryptocurrency trend.

Crypto Candles Pattern Setups

Dark Cloud Cover BTC USD Crypto Candle Pattern Setups

Opposite of piercing candle-stick crypto candle.

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

The black body pierces the mid point of the prior white body.

This is a bearish reversal btcusd crypto currency set-up which forms at the top of an upwards crypto trend.

Dark Cloud Cover candle-sticks setup highlights that btcusd market opens higher and closes below the mid point of the white body.

Dark Cloud Cover candle-sticks setup highlights that the momentum of the up bitcoin trend is reducing and btcusd market bitcoin trend is likely to reverse and move in a downward bitcoin trade direction.

Dark Cloud Cover candle-sticks pattern setup is shown known as a cloud cover signifying the cloud as a ceiling for bitcoin price upward cryptocurrency trend.

Dark Cloud Cover Candle Pattern

Morning Star BTCUSD Candle Pattern Setups

Morning Star Candle - Candles Pattern Setups

Evening Star Bitcoin Crypto Currency Candle Pattern Setups

Opposite of the morning star btcusd crypto currency candlesticks pattern setup

Crypto Candles Pattern Setups

BTCUSD Candle Pattern Setups

Engulfing is a reversal crypto candles pattern that can be bullish or bearish depending upon whether it shows up at the end of a cryptocurrency market down btcusd crypto currency trend or at the end of a crypto market upwards crypto trend.

Crypto Candles Pattern Setups

Cryptocurrency Candle Patterns - Candle Patterns Tutorial

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