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Indicators and patterns

1/10/2025

Indicators and patterns

Indicators and patterns

The first indicator is a Harami Pattern on the BTC/USD 15-minute chart, which is a bearish reversal pattern. This pattern consists of a large candlestick followed by a smaller candlestick that is completely engulfed within the body of the previous candle. It suggests a potential trend reversal from bullish to bearish. The signal generated by this pattern is to sell.

The second indicator is the STOCHRSI fast %K indicator on the BTC/USD 15-minute chart, which is currently showing a bearish signal. The Stochastic RSI (Relative Strength Index) is a momentum oscillator that measures the level of RSI relative to its high-low range over a set period of time. A bearish signal is generated when the fast %K line crosses below the slow %D line and indicates a potential trend reversal to the downside. The signal generated by this indicator is to sell.

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

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