🔵 CRYPTO EDUCATION | CANDLESTICK PATTERNS

🧠 Learn Trading in 1 minute

🕯️ What is a Shooting Star?

It is a warning candlestick pattern that appears after a strong bullish movement and may anticipate a correction or bearish reversal.

🔍 How to identify it

Long upper wick

Small body at the bottom

Little or no lower wick

Appears near resistances

👉 Indicates that the price was rejected at high levels.

📉 Practical example (BEATUSDT – 15m)

Previous trend: bullish

Rejection zone: ≈ 2.30 USDT

RSI in high zone → possible exhaustion

SuperTrend extended

⚠️ Caution signal for buyers.

❌ Common mistake

Entering short just by seeing the candle.

👉 Remember: confirmation is key (next candle, structure, volume).

✅ How to use it correctly

Take profits on longs

Wait for confirmation for shorts

Combine with RSI, supports, and resistances

💡 @ANFELIA_INVESTMENT says:

The market always leaves clues... the disciplined trader learns to read them.

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