Cryptocurrency Q&A What is the psychology behind the inverted hammer?

What is the psychology behind the inverted hammer?

JejuSunshine JejuSunshine Tue Feb 11 2025 | 6 answers 658
I'm curious about the psychological aspect behind the inverted hammer. Why do people form this specific candlestick pattern in the stock market? What drives investors to create such a shape and what does it reveal about their mindset? What is the psychology behind the inverted hammer?

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