Cryptocurrency Q&A What is inverted hammer after hammer?

What is inverted hammer after hammer?

Nicolo Nicolo Thu Feb 06 2025 | 5 answers 1252
I encountered a chart pattern where a hammer appeared, followed by an inverted hammer. I'm curious about the meaning and implications of this specific sequence. What is inverted hammer after hammer?

5 answers

emma_rose_activist emma_rose_activist Sat Feb 08 2025
Specifically, the pattern forms when market prices are approaching their lowest points during this decline.

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Sara Sara Sat Feb 08 2025
This technical pattern indicates a potential shift from bearish to bullish sentiment.

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Bianca Bianca Sat Feb 08 2025
It often emerges following an extended period of decline in prices.

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Ilaria Ilaria Fri Feb 07 2025
On a chart, this pattern is distinctive and straightforward to recognize.

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GangnamGlitzGlamour GangnamGlitzGlamour Fri Feb 07 2025
It resembles an inverted candlestick formation known as a hanging shooting star.

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