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Using Candlestick Patterns for Intraday Price Action Analysis
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XRP Poised For Bullish Breakout: Inverted Hammer Formation Signals Rise Above $0 8 Resistance
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It is a one-day candlestick pattern wherein there is a small green real body with a lower shadow extending from the body and is formed at the bottom of a downtrend. The pattern signifies a bullish reversal as it shows that the bulls are trying to push prices higher.
The pattern signifies a bullish reversal as it shows that the bulls are trying to push prices higher.
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