Indicators and patterns
12/1/2024
Indicators and patterns
1. Engulfing Pattern (Bearish) on BTC/USD 15-minute chart at a price of 96332.94: This pattern occurs when a larger candlestick completely engulfs the previous smaller candlestick, indicating a potential reversal in the trend. In this case, it suggests a bearish signal, prompting a sell action.2. STOCHRSI_fastk_indicator (Bullish) on BTC/USD 15-minute chart at a price of 96332.94: This indicator combines Stochastic Oscillator and Relative Strength Index (RSI) to identify overbought or oversold conditions. A bullish signal suggests a potential price increase, indicating a buy action.
3. ADX (Bullish) on BTC/USD 15-minute chart at a price of 96332.94: The Average Directional Index (ADX) measures the strength of a trend. A bullish signal indicates a strengthening trend, supporting a buy action.
4. Hanging Man (Bearish) on BTC/USD 15-minute chart at a price of 96644.2: This candlestick pattern suggests a potential reversal in an uptrend, with the long lower shadow and small body indicating selling pressure. It signals a bearish sentiment, prompting a sell action.
5. Closing Marubozu (Bullish) on BTC/USD 30-minute chart at a price of 96644.2: This candlestick pattern has a long body with no shadows, indicating strong buying or selling pressure. A bullish Closing Marubozu suggests a strong uptrend, supporting a buy action.
6. STOCHRSI_fastk_indicator (Bearish) on BTC/USD 30-minute chart at a price of 96644.2: Similar to the earlier mentioned STOCHRSI_fastk_indicator, this bearish signal indicates a potential price decrease, prompting a sell action.
This is not investment advice. Remember to verify the information provided here.
Get access to the full analysis
- Over 35 000 indexes
- CFD, Forex, Crypto and Stocks Exchange
- Over 150 Indicators
- Pattern and candle analysis
- Support and resistance levels
- Fundamental, technical and sentimental analysis
- Power from AI
