Cryptocurrency Q&A
What is the difference between bearish hammer and bullish hammer?
What is the difference between bearish hammer and bullish hammer?
mia_rose_painter
Fri Feb 07 2025
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5
answers
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I want to understand the difference between a bearish hammer and a bullish hammer. I'm confused about the characteristics that distinguish these two patterns and how they affect the market trends.
5 answers
SeoulSerenitySeekerPeaceLover
Sat Feb 08 2025
Conversely, a bearish red inverted hammer pattern suggests a different scenario.
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SeoulSerenitySeeker
Sat Feb 08 2025
This pattern emerges when prices close lower than the previous day's closing price, signaling potential bearish sentiment.
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CryptoNerd
Sat Feb 08 2025
The bullish green inverted Hammer pattern signifies a notable market behavior.
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Elena
Sat Feb 08 2025
It indicates that prices initially reached a lower bottom during the trading session.
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CryptoAlchemist
Sat Feb 08 2025
However, before closing, the prices rallied to surpass the previous session's closing level.
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