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6ft tall casts a big shadow
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Markets move in four phases, and understanding how each phase works can be the difference between being successful and failing in the markets.
Accumulation phase: Market has bottomed and early adopters find opportunity to enter.
Up trend/Mark up phase: Market has corrected and more money is entering the market.
Distribution phase: End of the uptrend is near as the sentiment becomes mixed.
Down trend/Mark down phase: Traders and investors are exiting the market and early adopters are looking for the market to bottom so they can re enter.
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These reversal patterns are a sign that a strong move may be approaching.
The Engulfing pattern is a two candlestick pattern where a small first candlestick is then followed by a large candlestick in the opposite direction.
The Tweezer pattern can be found after an extended up or down trend. In this double candlestick pattern the first candlestick follows the general trend, and the second candlestick will be in the opposite direction, the wick lengths should also be of equal size.
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cryptoplayhouse 👌🏻🔥🖥 💹
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Friday, 31/3/2023 Price action ✨✨
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Ethereum price 🔥 ETH/USD

cryptocurrencies
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