Cryptocurrency Q&A
What is the difference between 3 white soldiers and 3 black crows?
What is the difference between 3 white soldiers and 3 black crows?
HanRiverVisionary
Thu Feb 06 2025
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I want to understand the distinction between two technical patterns in candlestick charting: 3 white soldiers and 3 black crows. How do they differ and what do they indicate about the market trend?
5 answers
Leonardo
Sat Feb 08 2025
The opening price of a candlestick forms within the real body of the previous candlestick. This setup suggests a potential shift in market sentiment.
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KpopMelody
Sat Feb 08 2025
The closing price, on the other hand, surpasses the closing price of the preceding candlestick. This action further reinforces the notion of a change in market direction.
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IncheonBeautyBloomingRadiance
Sat Feb 08 2025
Technical analysts often recognize specific patterns to predict market movements. One such pattern is known as "Three White Soldiers."
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HallyuHeroine
Fri Feb 07 2025
Three White Soldiers consists of three consecutive candlesticks, each with a white or bullish body. This visual formation indicates a reversal from a downtrend to an uptrend.
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Tommaso
Fri Feb 07 2025
Conversely, Three Black Crows is a bearish pattern comprising three consecutive candlesticks with black or bearish bodies. It signifies the reversal of an uptrend into a downtrend.
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