Crypto-Mind

Unlock the secrets of market psychology with these key chart patterns. Master them and trade smarter—not harder. 👇
📌 Hammer
Spotted at the bottom of a downtrend, the Hammer signals a potential reversal. It shows buyers stepping in after heavy selling, closing the session strong. Think of it as a bounce-back moment—bulls rising from the ashes.
📌 Inverted Hammer
This upside-down pattern appears after a fall, hinting at a potential comeback. While bears tried to push it down, buyers tested resistance. With confirmation, it often marks the start of a bullish rally.
📌 Dragonfly Doji
Looking like a “T,” this candlestick appears when buyers overpower sellers by the close. A strong reversal indicator when seen after a decline. It screams: “Bulls are back!”
📌 Bullish Spinning Top
A battle between bulls and bears results in a small-bodied candle with wicks on both ends. After a drop, this indecision could mean bulls are gathering strength.
📌 Hanging Man
This one shows up at market tops. Though it closes near its high, the long lower wick warns: selling pressure is creeping in. It’s the market’s way of saying, “Heads up!”
📌 Shooting Star
This bearish reversal pattern shines after an uptrend. A small body and long upper wick reveal failed bullish attempts—momentum is shifting toward the bears.
📌 Gravestone Doji
With a long upper shadow and close near the open, this pattern signals rejection at higher levels. It's often seen at tops and can mean the uptrend is losing life—like a gravestone for the rally.
📌 Bearish Spinning Top
When this appears after a strong uptrend, it shows hesitation. Neither side takes control, but the bulls are losing grip. Watch closely for a potential reversal.
---
🎯 Takeaway:
Candlestick patterns are compact but powerful signals. Used with support/resistance zones, volume analysis, and confirmation candles, they can seriously level up your trading edge. 📈💹
👍 If you found this helpful, smash that like,

$BTC
$BNB
#TradingTypes101