Mastering 6 Bullish Candlestick Patterns in Crypto Trading

If you want to understand why the price of Bitcoin goes up or down, you need to master candlestick analysis. Here are the 6 patterns that professional traders use to capture bullish reversals:

1. The Hammer (Hammer)

A small body on top + a long shadow downwards = strong buying pressure. It appears after declines and shouts “time to buy!”. If the body is green, even better.

2. Bullish Engulfing

A red candle (fall) is completely engulfed by a larger green candle (rise). It means: the bulls have taken control. Strong signal of trend reversal.

3. Morning Star

Three candles: red + a small one + a large green one that closes above the middle of the first. Did you see it after a prolonged drop? The sellers got tired, the buyers came back strong.

4. Inverted Hammer

The opposite of the hammer: small body below + long shadow upward. It also indicates reversal. Green is more bullish.

5. Perforating Line

Two candles: red + green that opens below the previous low but closes above the middle of the red one. Recovery of momentum from buyers.

6. Three White Soldiers

Three consecutive green candles with increasingly larger bodies. The most powerful pattern: the bulls in total control. When you see this, it's time to consider entering the trade.

Golden Tip

These patterns work, but they are not a guarantee. Combine with fundamental analysis, risk management, and never trade without a plan. The best trader is not the one who predicts 100% of the time, but the one who manages risks and profits from the ones they get right.