The Tower Bottom is the reverse of the Tower Top, signaling that a long-term bottom has been established after a sell off.
🔹 Price falls and stops
After a long red candle , the price stabilizes and moves sideways with smaller candles.
This shows that selling pressure has ended and Smart Money is quietly accumulating cheap stocks.
🔸 A breakout may occur
A sudden long green candle appears (right tower body) breaking through the accumulation zone.
Confirming the completion of the bottom formation process.
And starting a new uptrend cycle.
🔹 You need patience.
This pattern requires more time to form than single candlestick patterns.
But it is extremely reliable for long-term investors.
Have you ever caught the bottom with this model? Or do you wait for other factors to become involved?
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This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.
