CryptoTrend-Alerts

Bitcoin / Hanging Man Candlestick

COINBASE:BTCUSD   Bitcoin
What is a Hanging Man Candlestick?
A hanging man candlestick occurs during an uptrend and warns that prices may start falling. The candle is composed of a small real body, a long lower shadow, and little or no upper shadow. The hanging man shows that selling interest is starting to increase. In order for the pattern to be valid, the candle following the hanging man must see the price of the asset decline.
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