Cryptocurrency Q&A
How to confirm hanging man?
How to confirm hanging man?
SapphireRider
Sun Feb 09 2025
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5
answers
1440
I'm trying to understand how to identify or confirm a hanging man situation. I'm looking for specific criteria or signs that can help me recognize this phenomenon accurately.
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5 answers
GyeongjuGloryDays
Tue Feb 11 2025
The hanging man pattern in technical analysis is not deemed confirmed until a specific condition is met.
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charlotte_wilson_coder
Tue Feb 11 2025
For the pattern to be validated, the price must decline in the subsequent period or shortly thereafter.
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Sara
Tue Feb 11 2025
Following the appearance of the hanging man, it is crucial to observe the price action closely.
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Alessandro
Mon Feb 10 2025
Ideally, the price should not close above the high point of the hanging man candlestick.
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Silvia
Mon Feb 10 2025
If the price were to close above this high, it could be a signal that the market may advance further.
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