Candlestick patterns are secret weapons from professional traders. While the original value confuses the chart, smart traders use candlesticks to predict the market, and use time listings over time to predict the spot trend.
But Here’s The Problem:
- ❌ Most guides overcome the candlesticks.
- ❌ Sellers remember the pattern, but do not know how to implement them.
- ❌ False brakes and false characters cause damage.
This 2500-Word guide is nice. You learn:
- ✅ Make candlesticks really tell you (no infiltration)
- ✅ Crypto only 6 candlestick patterns that matter
- ✅ How to combine them with support/resistance for high accuracy
- ✅ Real map examples (Bitcoin, Etherium, Solan Trades)
- ✅ Advanced tricks to avoid fake
Let’s Make You A Candlestick Champion.
- What Are Candlestick Patterns? (Easy explanation)
Candlesticks were invented in the 18th century Japan for rice trade. Today they are No. 1 Tool for price dealers.
Why Crypto Dealers Love Them:
- ✔ Visually and intuitive – simpler than complex indicators.
- क Work on all time frames from -1 minutes to weekly chart.
- क Prophotease the reversal before catching the indicator.
6 Most powerful candlestick pattern for crypto
Forget To Remember 50+ Patterns. These 6 Volatile Crypto Work Best In Markets:
1. A Shooting Star
It Seems: A long upper week, a candle with a small body.
Meaning: Buyers pushed the value, but hardly rejected.
The Best Used: Resistance level, after a trend.
Real Example:
Bitcoin rejected to $ 69.00
2.Hammer
It Seems: A long short week, a candle with a short body.
Meaning: The sellers pushed the price down, but the buyers found it.
The best used: Support level, oversold position.
Real Example:
In 2023, a hammer → atherium from $ 880 jumped after growing 120% in 2 months.
3.Bullish Engulfing
it Seems: A green candle “eat” the previous red candle.
Meaning: Buyers suddenly overwhelmed the suppliers.
The best used: After a downturn, with increasing volume.
4.Doeji (indecision)
It seems: A cross (open and close values are the same).
Meaning: Fighting between buyers/suppliers – the next light determines direction.
Best Used: Before big breakout, with volume confirmation.
5.Three White Soldiers (strong trend)
It Seems: 3+ continuous green lights with small vicks.
Meaning: Oxes are under complete control.
Best Used: Initial trend stages, not overbot zone.
How To Shop Candlestick Patterns As A Supporter
Step 1: Always wait for confirmation
Error: Sell just because you see a shooter.
Smart Feature: Wait for the red closure before selling the next candle.
Step 2: Mix with support/resistance
A Hammer on support = strong buy signal.
A Shooting star in resistance = strong sales signal.
Example Of Business:
Pattern: Quickly attached
Location: Bitcoin in support of $ 60,000
Result: The price reached $ 64,000 in 3 days
Step 3: Add volume analysis
Valid Pattern: High volume during reversal.
False Pattern: Low volume = likely to fail.
- Advanced Tricks To Avoid Mistakes
- “Vick Rejection” Filter
If the value repeats a week and is rejected again → strong signals. - Confirmation For Multiple Time Constraints
Check 4-hour + daily chart for adjustment. - Avoid Tempering Market
Candlestick patterns fail most in markets (use bollings B)
- Real Crypto -Map Example
Case Study 1: 2023 Bull Run of Bitcoin
Pattern: Hammer in support of $ 25,000
Results: +180% rally
Case Study 2: Solan’s reversal of 2024
Patter
Result: Fall up to $ 80
Free Equipment To Practice On Trade Trading
Tardingview (free plan) – Draw the pattern on the chart.
Crypto.com charting – easy for beginners.
Binance Candlestick Pattern Scanner – Automatic Identification.
Last Checklist Before Trade:
- ✔ Does the pattern struggle/resistance support?
- ✔ Confirming the next light?
- ✔ The volume is high?
- ✔ Not in a tempering market?
Questions:
Which Time Frame Is Best For Candlestick Patterns?
A: 4-hour and daily for high accuracy. Avoid 1 minute chart (noise).
Does Candlesticks Work In Altcoins?
A: Yes, but stick to the high-lene coins (BTC, ETH, SOL, XRP).
How Many Patterns Should I Remember?
A: Only 6 – Mastery misses 50+ waste.
3 Most Reliable Candlestick Patterns
✅ Hammer (Fast Reversion)
Presence: Small body, long shorter.
Meaning: Suppliers pushed the value down, but buyers bought an aggressive dip.
To Act: at large support levels.
Example:
Ethereum formed a hammer in $ 1500 →, which increased to $ 2000.
✅ Shooting star (Recession Reversed)
Appearance: Small body, high upper week.
Meaning: Buyers tried to pursue the price, but failed.
Where To Do Business: Close areas of resistance.
Example:
Bitcoin rejected to $ 70,000 with shooting star → → 15%fell.
✅ Fastened Pattern (Strongly Reversed Signal)
Bulete Connection: Green candles swallow the previous red candle.
Recession Attached: The red candle swallows the previous green candle.
The Best Use With: High trade volume.
How Do They Shop Correctly
Step 1: Wait for confirmation
Do not act until the candle is closed.
Example: A hammer is not valid until the candle is completed.
Step 2: Mix with support/resistance
A hammer on support = strong buy signal.
A shooting star in resistance = strong sales signal.
Step 3: Check volume
High volume = strong signal.
Low volume = potential false.
