A Quick Overview of tweezer bottom candlestick Pattern
The tweezer bottom pattern is important in cryptocurrency trading since it is linked to a trade entrance. It has a powerful bearish daily candle and is at a swing low, indicating that bears are active in the market. However, owing to the interest of purchasers, the price rises the next day. As a result, investors may consider it a purchasing opportunity as soon as the second candle closes. According to Bulkowski, this reversal predicts higher prices with an 56% accuracy rate.
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