Not many analysts on Trading View study candlestick patterns which is why I've started doing this. Hammer candlesticks are quite rare on the daily timeframe, but are almost always bullish for the following days when found at the bottom of a downtrend. As long as this doesn't change too much and we close like this in a couple of hours time, we should start scaling our FIAT back in as its likely we have seen the bottom of this healthy market correction.
Comment:
As you can see the Stoch RSI has also crossed indicating the start of the next bullish wave is imminent