๐Ÿ•ฏ Candlestick Mastery #4: The Shooting Star

๐Ÿ”น What It Is โ€“

A candle with a small body near the bottom and a long upper wick (at least twice the body length), little to no lower wick.

๐Ÿ”น Meaning โ€“

Appears after an uptrend, signaling that buyers pushed price up but sellers took control โ€” possible bearish reversal.

๐Ÿ”น How to Identify โ€“

โœ… Long upper wick.

โœ… Small lower wick or none.

โœ… Appears after an uptrend.

๐Ÿ”น How to Trade It โ€“

1๏ธโƒฃ Wait for the next candle to close lower.

2๏ธโƒฃ Stop-loss above the Shooting Starโ€™s high.

3๏ธโƒฃ Target support level.

๐Ÿ’ก Pro Tip: Stronger signal when volume spikes on Shooting Star day.

#CryptoTrading #Shootingstar #CandlestickPatterns #BearishReversals

#Notcoin