Get started
Autoace1010

Is this a morning star candle formation?

Bitcoin (BITSTAMP:BTCUSD)  
Autoace1010  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators
4
0
trendanalysis chartpattern indicator
I am new to TA in general and have been watching for morning star candles. Should we consider this to be one at the bottom of the Bollinger on the 3 hr timeframe for Bitcoin? Looks to me like it may be a good short term reversal signal confirmed by continued green candles with higher lows.

But I am the new guy...
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.