How to Read Crypto Candlestick Patterns Like a Pro (Beginner Guide)

“How to Read Candlestick Patterns Like a Pro”

• “Bullish engulfing candlestick pattern example on BTC chart”

Introduction
Candlestick patterns reveal fear, greed, and manipulation in the market.
If you can read candles—you can understand the story behind every move.

1. Bullish Engulfing
Shows strong reversal.
Bigger green candle covers previous red candle.
Indicates buyers are taking control.

• “Doji and hammer candlestick patterns explained on crypto chart”

2. Bearish Engulfing
Opposite of above.
Strong sign of downward reversal.

3. Doji – Market Confusion
Small body, long wicks.
Means buyers and sellers are equal.
Prepare for breakout.

4. Hammer – Reversal from Bottom
Long lower wick = buyers rejected lower price.
Bullish at support.

5. Shooting Star – Reversal from Top
Long upper wick.
Buyers failed to keep price high.
Bearish at resistance.

6. How to Use Patterns Correctly
Never rely on one pattern alone.
Combine candles with:
• RSI
• MACD
• Support/Resistance
• Volume analysis
Candles are signals, not guarantees.

Internal Link Suggestions

• “Use these patterns inside your Beginner Trading Strategy.” (Post 4)
“Combine candlesticks with Indicators (RSI/MACD).”

Comments

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