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Reversal Candle-stick BTCUSD Patterns: Bearish Crypto Candle-stick Patterns

Reversal Candle BTCUSD Patterns: Bearish Crypto Candle-stick Patterns

Shooting Star BTC/USD Crypto Candlesticks Pattern is a bearish reversal candlesticks pattern setup. It occurs at the top of a trend.

Shooting Star Bitcoin Candlestick Pattern occurs at the top of a up bitcoin trend where the open bitcoin price is the same as the low - & bitcoin price then rallied up but was forced back down to close near the open.

Reversal Candle Bitcoin Chart Trading Setups: Bearish Candle Patterns

Shooting Star Candle Pattern Reversal Candle-stick Bitcoin Chart Patterns: Bearish Candle Pattern Setups

Analysis of Shooting Star Bitcoin Crypto Currency Candles Patterns

A sell is confirmed when a candlestick closes below the neck-line of this shooting star candlestick pattern, this is the opening of the candlestick on the left side of this candle pattern. The neckline in this case is a support zone.

Stoploss orders for the sell trades should be set a few pips above the highest bitcoin price in the recent high.

The Shooting Star candlestick is named so because at the top of an upward cryptocurrency market trend this cryptocurrency candlestick pattern looks like a shooting star up high in the sky.

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