Understanding candlestick charts is one of the essential skills for traders in the cryptocurrency market!
This issue explains the "Morning Star" pattern in candlestick combinations.
Like and bookmark this article to easily analyze the market!
Below is the 15-minute chart for BTC.
Open AICoin simultaneously for real-time analysis~👇
1) Two declines encountered the "Morning Star," leading to a period of upward movement.
We can see that after the first "Morning Star" (around 11 AM on December 10), a short-term trading opportunity emerged.
Subsequently, there was a further decline, and when it reached a major support line, the "Morning Star" pattern appeared again, followed by another upward movement.
The Morning Star is suitable for short-term high selling and low buying. If you need to judge long-term trends, you must combine it with larger cycle candlesticks and structural changes.
2) Ace Smart Analysis Buy/Sell Point Suggestions (4-hour chart)
3) Subsequent pattern evolution, as shown in the figure below. According to the "Time Symmetry Theory," before December 28, #BTC will definitely complete the overall structural change.
Feel free to turn on the notification bell, so you will receive the latest teaching content and analysis as soon as new information is available!
⚠ Note: The above operational suggestions do not constitute investment advice and do not recommend any cryptocurrency. Please trade rationally within your capabilities!
Recently, there have been many counterfeit AICoin websites. Please only recognize the ".com" domain.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
