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14. Puncture Line Shape

The piercing line pattern consists of two candlesticks, the first being a bearish candlestick and the second a bullish candlestick, resembling a bullish engulfing pattern.
However, the piercing line pattern is not as strong as the bullish engulfing pattern.
In a piercing line pattern, there is usually a price difference between the closing price of the first candlestick and the opening price of the second candlestick. Then, the second candlestick
When it exceeds more than 50% of the previous candlestick. The appearance of this pattern is often regarded as a signal that the price is about to enter an upward trend.
15. Dark clouds cover the top.

The cloud cover candlestick pattern consists of two candlesticks forming a bearish reversal candlestick. The first one is a bullish candlestick, and the second one is a bearish candlestick, and
The closing price of the second candlestick is within the range of the body of the first candlestick.
The dark cloud cover pattern only indicates that the trend may soon turn bearish when it appears in an uptrend.
16. Bullish Abandoned Baby Pattern

The bullish abandoned baby pattern is a very rare top or bottom reversal signal. It consists of three candlesticks.
A long bearish candlestick, a small doji, and then a long bullish candlestick.
Two longer candlesticks resemble parents, while the cross star is the baby. Typically, there is a gap between parents and children, which leads to the formation of "abandoned child shape.
attitude.
When you see a bullish abandoned baby candlestick pattern, "it may be a signal that the downtrend is about to reverse into an uptrend. It is worth noting that this
The candlestick shape is quite rare.
17. Bearish Abandon Baby Pattern

The bearish abandoned baby pattern is exactly the opposite of the bullish abandoned baby pattern, indicating that the upward trend may end and the market is about to enter a downward trend.
Conclusion
The candlestick chart pattern allows us to understand the market's perspective, knowing who is currently in control of the market, whose power is gradually weakening, and the price is
where resistance forces, etc. are encountered. However, we strongly advise traders not to overly rely on candlestick chart patterns, and even less to depend solely on them.
Trade using candlestick patterns. You can use some trading indicators to assist in confirming candlestick signals, which can bring you more.
High profit potential.
Aze has struggled in the crypto world for many years and has summarized several classic quotes, hoping to help both newcomers and veterans.
First, do not hold onto positions; the profits you bring back will eventually be returned to the market because of "holding."
Second, do not try to guess the top or bottom; the profits gained from guessing will eventually be returned to the market because of the "guessing".
Third, do not try to guess the top or bottom, as it may still be halfway up the mountain.
Fourth, do not rely on news, because that is just "guessing" the tops and bottoms,
Fifth, do not easily exit while in profit, as you might be running halfway up the mountain.
Sixth, don't get excited just because you see large bearish and bullish candlesticks, as it may be the market makers "performing" for the retail investors.
Seventh, do not think that the market you see is the final wave and act recklessly; as long as your capital is still there, there will always be opportunities every day.
Eighth, do not trade frequently, as it can not only cause you to lose sight of the big picture and increase the chances of making mistakes, but it will also increase trading costs, making it not worth the effort.
Ninth, do not take contrarian positions; if you're right, hold on firmly, and if you're wrong, run quickly.
Tenth, do not buy in because of low prices, and do not sell because of high prices; one should not act rashly if the trend has not changed.
Eleventh, do not treat trading as your main occupation, and do not watch the market closely; the time spent watching the market is inversely proportional to profit.
Twelfth, do not easily trust the opinions of others; in the end, only yourself is truly worth believing.
Thirteenth, not making major mistakes is important. Missteps that don’t lead to significant losses aren’t considered major mistakes. As long as you cut losses after making a mistake, it’s not a big error. Only holding onto a position with high leverage until liquidation qualifies as a major mistake. No matter how many times you did right before, if you make one major mistake, all the previous successes become null, and compound interest will be halted.
Fourteenth, in the crypto world, if you want to gain something, you must stay away from people who drain your attention. The proportion of such people is higher among women, and those who chat aimlessly all day will only waste your time and energy, ultimately leading to nothing.
Fifteenth, if one does not have sufficient understanding, even if they follow others, it is impossible to make money, because countless facts have proven that the changes in the market are too rapid to keep up with. In any investment market, slow is fast, and fast is slow. In the crypto space, do not look down upon investors with an annual return of 20%. In the crypto world, those who do not achieve multiple times returns each year will always be looked down upon.
In fact, making money in the capital market has always been difficult. It's just that many influencers who constantly showcase their profits are misleading. Their daily displays of gains lead retail investors to believe that making money in the cryptocurrency space is incredibly easy. If you look at the investment yearbook on the Shanghai Securities Regulatory Commission's website, you'll know that every year, a return of 20% can wipe out 95% of investors; saying it’s a rare find is not an exaggeration. I recommended 🅱️iya to my friends; it is the world's first multi-asset trading wallet, allowing users to easily exchange mainstream fiat currencies for digital currencies in real-time. It also provides secure and convenient withdrawal solutions, effectively addressing frozen accounts and capital withdrawal issues. Users can easily convert to cash and withdraw through U at the platform.
Today's retail investors can learn from others to improve themselves, but it is fundamentally impossible to rely completely on others' trades to make money without thinking. You can follow others and learn from those you think are better than you, understanding their strengths and grasping their trading strategies. However, if you want to follow completely without learning, this path is unfeasible in any trading market.