Key Tip: The most direct signal that a coin price is shifting from weakness to strength is the appearance of a bullish reversal candle. This move is simple and effective. Today, I continue to discuss the pattern of buying the dip with a hammer candlestick, which is also my first systematic sharing on this topic. Especially for traders who are used to looking at moving averages, be sure to remember this pattern.
1. This pattern usually appears near the bottom area of the coin price. The 10-day and 20-day moving averages show a clear bullish alignment, indicating that the coin price is in the early stages of an upward trend.
2. The coin price is stably trading above the 10-day moving average. This often indicates that large investors have begun to gradually accumulate positions. When the coin price experiences a short-term pullback, if a hammer candlestick forms at this time and the trading volume also decreases, it suggests that the current rebound and support strength are not strong.
3. The key point—if the next day the coin price shows a bullish reversal candle and no longer makes new lows, it is very likely a signal that the large investors' shakeout has ended.
4. It is important to note that the increase in the bullish reversal candle does not have to be large, but the coin price must close above the 10-day moving average. Only then can the validity of the signal be confirmed.
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OnchainDetective
· 7h ago
Wait, I need to carefully examine this logical chain... Barefoot bearish candlestick + decreasing volume + next day bullish candlestick = the big players have finished their shakeout? According to on-chain data, this textbook technical pattern actually hides a trap. Usually, this is just a false signal right before the big players make their final wave of accumulation, which is quite obvious.
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RugResistant
· 7h ago
analyzed this thoroughly... the bare-footed yin line setup screams textbook accumulation pattern, but ngl the devil's in those volume metrics. if the 10-day ma breaks support on next candle, red flags everywhere. DYOR but watch that close above the line religiously or the whole thesis collapses
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GameFiCritic
· 7h ago
Barefoot bearish candlestick combined with reduced volume—this set of tactics is indeed easily exploited by big players to test the market. But to be honest, the logic of a bullish reversal candlestick pattern used to confirm a bottom has a certain lag in real trading. By the time the confirmation is complete, the price has already moved up significantly. Relying solely on chart patterns often leads to chasing highs. The key is to analyze volume and capital flow together for a more reliable judgment.
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AirdropAnxiety
· 7h ago
Barefoot bearish candle paired with a stopping-up bullish candle—this combo really works well, but I still prefer to look at volume. Without volume confirmation, everything else is useless.
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MEVHunter_9000
· 7h ago
The barefoot bearish candlestick pattern—honestly, I've seen too many false signals. It still depends on whether the big players are truly investing or not.
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ChainDetective
· 7h ago
Barefoot bearish candlestick pattern for low absorption trading, indeed needs to be combined with moving averages to be stable. The key still depends on trading volume; shrinking volume to stop the decline is more reliable.
Key Tip: The most direct signal that a coin price is shifting from weakness to strength is the appearance of a bullish reversal candle. This move is simple and effective. Today, I continue to discuss the pattern of buying the dip with a hammer candlestick, which is also my first systematic sharing on this topic. Especially for traders who are used to looking at moving averages, be sure to remember this pattern.
1. This pattern usually appears near the bottom area of the coin price. The 10-day and 20-day moving averages show a clear bullish alignment, indicating that the coin price is in the early stages of an upward trend.
2. The coin price is stably trading above the 10-day moving average. This often indicates that large investors have begun to gradually accumulate positions. When the coin price experiences a short-term pullback, if a hammer candlestick forms at this time and the trading volume also decreases, it suggests that the current rebound and support strength are not strong.
3. The key point—if the next day the coin price shows a bullish reversal candle and no longer makes new lows, it is very likely a signal that the large investors' shakeout has ended.
4. It is important to note that the increase in the bullish reversal candle does not have to be large, but the coin price must close above the 10-day moving average. Only then can the validity of the signal be confirmed.