Evening Star BTCUSD Candle Pattern

Evening Star Bearish Cryptocurrency Candle Setups

Morning Star BTCUSD Candle-stick Setup

Morning Star Bitcoin Candlestick Pattern

Morning Star Bitcoin Trading Candlestick Setup

Morning star candlestick is a three day bullish reversal bitcoin pattern.

The first day is a long black candle.

The second day is a morning star which gaps away from the long black candlesticks.

Third day is a long white candlestick 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 stick setup. This is the confirmation signal of a buy cryptocurrency signal generated by this Morning Star Candlestick pattern.

Evening Star BTCUSD Candle-stick Setup

Opposite of morning star

Evening Star BTCUSD Trading Candlestick Pattern

Evening Star BTCUSD Candle-stick Setup

Evening star candlestick 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 candlestick which fills the gap.

Filling of the gap and closing of the black candle 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 setup.

Engulfing Pattern

Engulfing is a reversal candle setup 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 Candle 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 candle should be Red