Indicators and patterns
12/20/2024
Indicators and patterns
1. Hammer:- Symbol: BTC/USD
- Timeframe: 15 minutes
- Signal: Bullish
- Recommendation: Buy
- Price at Signal: $95,080.9
- Signal Time: December 20, 2024, 14:00
- Description: A hammer is a bullish reversal candlestick pattern that forms after a decline. It indicates that the price initially fell during the period but then rallied to close near the high. This pattern suggests a potential reversal to the upside.
2. Matching Low:
- Symbol: BTC/USD
- Timeframe: 15 minutes
- Signal: Bullish
- Recommendation: Buy
- Price at Signal: $95,080.9
- Signal Time: December 20, 2024, 14:00
- Description: A matching low is a bullish reversal pattern that consists of two candlesticks with equal or very close lows. It suggests a potential reversal to the upside after a downtrend.
3. Belt-hold Line:
- Symbol: BTC/USD
- Timeframe: 30 minutes
- Signal: Bullish
- Recommendation: Buy
- Price at Signal: $95,118.8
- Signal Time: December 20, 2024, 13:30
- Description: A belt-hold line is a single candlestick pattern that can be bullish or bearish. In this case, it is bullish. It occurs when the opening price is the high (in a bullish belt-hold line) or the low (in a bearish belt-hold line) and the candle closes near the high (bullish) or low (bearish). It suggests a strong continuation of the current trend.
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
