#ForYourKnowledge $BTC

Shooting Star

A bearish reversal candlestick pattern that appears after an uptrend.

It has:

• Small body near the bottom

• Long upper wick

• Little to no lower wick

What it means?

Buyers pushed price up strongly, but sellers stepped in and rejected the move, closing price near the open. This shows weakness at the top.

Stronger signal when:

✅ It forms at resistance

✅ After a strong rally

✅ With high volume

✅ Followed by a bearish confirmation candle

It signals potential trend reversal or pullback. Always wait for confirmation before entering. 🎯