- Pattern: The bullish Three Soldiers pattern, with three consecutive increasing positive candles pushing the price higher, accompanied by expanding volume. - Analysis: This is a typical strong upward signal, indicating continuous influx of bullish momentum and sufficient rebound energy. - Key Signal: Price breaks above the upper band of the Bollinger Bands (2467 USDT), MACD forms a golden cross upward, confirming the strength of the rally.
2. 1 Hour
- Pattern: Breakaway gap + bullish engulfing pattern, with the price opening higher with a gap and closing with a large bullish candle that fully covers the previous bearish candle. - Analysis: The gap indicates strong bullish momentum, and the bullish engulfing pattern further confirms the continuation of the upward trend. - Key Signal: RSI quickly rebounds from oversold territory to above 50, resonating with the candlestick pattern for a bullish outlook.
3. 4 Hours
- Pattern: The Morning Star bottom reversal pattern is confirmed, with a combination of a large bearish candle, a star, and a large bullish candle, leading to continued price increase. - Analysis: This is a medium-term bottom signal. Coupled with expanding volume, it suggests the rebound may continue to higher levels. - Key Signal: Price breaks through the short-term downtrend line, stabilizes above the middle band of the Bollinger Bands, supporting an upward outlook.
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30 minutes
- Pattern: The bullish Three Soldiers pattern, with three consecutive increasing positive candles pushing the price higher, accompanied by expanding volume.
- Analysis: This is a typical strong upward signal, indicating continuous influx of bullish momentum and sufficient rebound energy.
- Key Signal: Price breaks above the upper band of the Bollinger Bands (2467 USDT), MACD forms a golden cross upward, confirming the strength of the rally.
2. 1 Hour
- Pattern: Breakaway gap + bullish engulfing pattern, with the price opening higher with a gap and closing with a large bullish candle that fully covers the previous bearish candle.
- Analysis: The gap indicates strong bullish momentum, and the bullish engulfing pattern further confirms the continuation of the upward trend.
- Key Signal: RSI quickly rebounds from oversold territory to above 50, resonating with the candlestick pattern for a bullish outlook.
3. 4 Hours
- Pattern: The Morning Star bottom reversal pattern is confirmed, with a combination of a large bearish candle, a star, and a large bullish candle, leading to continued price increase.
- Analysis: This is a medium-term bottom signal. Coupled with expanding volume, it suggests the rebound may continue to higher levels.
- Key Signal: Price breaks through the short-term downtrend line, stabilizes above the middle band of the Bollinger Bands, supporting an upward outlook.