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Indicators and patterns

1/23/2025

Indicators and patterns

Indicators and patterns

The first indicator is the Harami Pattern on the BTC/USD pair in a 15-minute timeframe. The Harami Pattern is a two-candlestick pattern where the first candle is larger and the second candle is smaller and is contained within the range of the first candle. In this case, the Harami Pattern is bearish, indicating a potential trend reversal to the downside. The signal generated is to sell.

The second indicator is the STOCHRSI_fastk_indicator on the BTC/USD pair in a 15-minute timeframe. The Stochastic RSI (STOCHRSI) is a momentum oscillator that measures the level of RSI relative to its high-low range over a set period of time. In this case, the STOCHRSI_fastk_indicator is bearish, indicating a potential trend reversal to the downside. The signal generated is to sell.

Both indicators suggest a bearish outlook for the BTC/USD pair in the short term, with signals to sell. Traders may consider these indicators when making their trading decisions.

This is not investment advice. Remember to verify the information provided here.

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