Why are the candlesticks so long even in the recovery phase.
Also does that look like the start of a cup and handle?
Something's going on here fellas
Something's going on
Kayden Cooper
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Gabriel Jenkins
**Should add long candlesticks are pretty bullish.
The September crash's recovery didn't have candlesticks like this either.
William Powell
could you explain what these terms mean and point out where on the graph i can find them?
t. brainlate
Jonathan Lopez
See that tampon string with the arrow pointing to it? It means we're about to be rich
Isaac Wood
Please Google it, it'll explain better than I can and possible save you from losing money in the future
Colton Perez
Its a fucking bear pennant you tard.
Cup and handle projecting before its anywhere near formed. U srs?
Long wicks are sometimes bullish all depends on context.
We look like we will be testing lowwr support at least one more time.
William Gomez
> technical analysis
I just came in my hand it looks like a moon, this is good omens, it's time to buy
Juan Jenkins
Idk just buy the dip already
Easton King
>something is going on here
Yeah, it's called: massive dump caused by lack of buying pressure
Daniel Cruz
Just means people bought the bags there. It doesn't matter tho because the jews are happy to sell at a higher price as it goes to zero
Luke Lee
>does that look like the start of a cup and handle?
Connor Foster
This thread is full of retards. None of your stupid patterns or signals are going to help you game this market. The only thing you have to know is that whales are testing the market and any noticeable move is purely to shake out as many idiot's coins as possible. In a market this dead and controlled by whales the only winning play to make is just hold and starve out the bigger players.
Ian Lopez
>In a market this dead and controlled by whales the only winning play to make is just hold and starve out the bigger players.
That only works with shitcoins with 0.1 BTC daily volume
Brody Bennett
Are you saying you think you are better at playing the market than the guys with millions of dollars worth of crypto?
Joshua Gonzalez
Im no better, im the whale.
Robert Wood
It is a classic inverted bart, like fucking always.
Justin Sanchez
it's not like you can't have reverse barts in your reverse barts...
Anthony Jenkins
>why are the candlestick so long even in the recovery pahse
>does that look like the start of a cup and handle
Are you completely retarded or what?
Jeremiah Martin
What's the difference between a bear pennant and a doji or hammer? Asking for a friend.
Benjamin Clark
Just google basic TA
bear pennant is a formation of candles
doji and hammers are candle types
Samuel Ward
>recovery phase
That's a bear flag, OP.
Jackson White
Doji is a candle that opens and closes at roughly the same price after some movement above and below. Mostly wick, just a dash for body. Looks like a cross or inverted cross or plus sign. They are typically an indication of uncertainty in the price range with bulls and bears creating a stalemate. This then indicates a break is coming soon up or down; which way is more likely depends on the type of doji and its position relative to the other candles.
Hammer, aka bull hammer, is a green candle with a long bottom wick and small upper body with no upper wick. It represents bulls rejection of an attempt at lower price and a close at high of the candle period.
Consult investopedia for more information and variations on these candle types.
Cameron Hill