#Crypto

The evening star candlestick pattern is the bearish counterpart of the morning star pattern in technical analysis. Because the evening star pattern is a top reversal, it should be acted upon if it occurs after an uptrend

Morning star candlestick pattern is a visual pattern composed of three candles, and technical analysts interpret it as a bullish signal. This is a sign of a reversal of the previous price trend.

The piercing line pattern is considered a bullish reversal candlestick pattern that is at the bottom of a downtrend. When bulls enter the stock/crypto market and prices rise, it usually indicates a change in trend.

Dark cloud cover refers to the candlestick pattern in technical analysis, which is a bearish reversal signal. It is observed when the down candle opens above the closing price of the previous up candle and continues to close below the midpoint of the up candle on the candlestick chart.

An engulfing chart pattern is a technical pattern that indicates lower prices to come. It consists of a high (green) candle followed by a large down (red) candle that engulfs the smaller up candle. The pattern is necessary because it signals that sellers have overtaken the buyers.

Hanging Man is a bearish reversal candlestick pattern .This candlestick pattern appears at the end of an uptrend, indicating further weakness in price movements.