6 Bearish Forex Candlestick Patterns While various chart types can be used by technical forex traders, candlestick charts are among the most popular since a variety of bullish and bearish ...

Suppose you’re analyzing the four-hour chart using candlesticks, and Bitcoin’s opening price is $90,000. The closing price is $93,500, with a high of $95,000 and a low of $88,700.

Crypto bears might want to closely watch bitcoin’s (BTC) recent chart patterns, which mirror those that preceded the late 2024 rally from $70,000 to $109,000.

Japanese candlestick patterns are motifs that appear on trading charts. Technical traders believe that you can use them to predict future price action – which makes them useful for finding new ...

BTC's "three-line break chart" suggests a bullish resolution of the seven-month-long corrective trend and scope for a move to record highs. Candlesticks indicate stiff resistance at around $70,000.

Technical analysts categorize this as a bearish marubozu pattern. The appearance of the bearish candlestick while prices hover below key 50- and 100-day simple moving averages (SMA) may embolden ...

From forex.com Japanese candlestick patterns are motifs that appear on trading charts. Technical traders believe that you can use them to predict future price action – which makes them useful for ...