Technical analysis—an analysis of historical price action and chart patterns—is one of the main methods to predict price direction. Candlestick analysis, a part of technical analysis ...

Nifty daily chart is showing a long bull candle formation. This Nifty chart pattern indicates that uptrend remains intact in ...

Technical analysis relies on charts ... breakout comes, it will be higher. A rising wedge indicates the opposite: The strength may be with the bears. Most traders will sell into a rising wedge ...

Many traders use candlestick charts to plot prior price action and then plot potential breakout and reversal patterns. Although prior price action does not guarantee future results, traders often ...

This indicates that the asset’s price rose. These candlestick charts form several patterns. Depending on the shape, colour and size of the candlestick, traders take positions or make changes in ...

Unlike line charts, candlesticks offer more details within a specific time frame, which is essential in the fast-paced crypto market. Common bullish patterns include: Hammer. A candle with a small ...

Technical analysis-an analysis of historical price action and chart patterns-is one of the main methods to predict price direction. Candlestick analysis, a part of technical analysis, allows ...