Indicators and patterns
1/4/2025
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 fast %K indicator on the BTC/USD pair in a 15-minute timeframe. The STOCHRSI is a momentum oscillator that combines aspects of both the Stochastic Oscillator and the Relative Strength Index (RSI). In this case, the fast %K indicator is bearish, indicating a potential short-term downward movement in the price. The signal generated is to sell.
This is not investment advice. Remember to verify the information provided here.
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