TraderThierry

BTCUSD bearish hammer price action aftermath

Short
COINBASE:BTCUSD   Bitcoin
This is a small reminder to traders that do not pay great attention to candlestick patterns. While they might be too many to memorize, they are very useful and could guide you to a better trading experience. As we can see the bearish hammer was followed by a $1000 crash in BTCUSD price in less than an hour. for extra information, these kinds of crashes within the hour are expected not to last and recover intraday.

Intraday: within the 24 hour time interval of the day.

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