TLDR
Candlestick analysis is a method of forecasting the charts of financial instruments. It is based on the application of the combinations formed on the charts in the form of Japanese candlesticks. Reading candlestick patterns can give us information on three market sentiments: bullish, bearish, or neutral. Some patterns may provide a perception of the balance between buyers and sellers; others may indicate a reversal, continuation, or indecision. The Inverted Hammer and Shooting Star Patterns are some patterns that can help us gauge market sentiment.via the TL;DR App
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Written by anti-danilevsky | Founder & CEO at Kick Ecosystem. Crowdfunding & Blockchain evangelist since 2009
