Mendez LancasterNov 23, 2021 · 3 years ago2 answersCan hanging man and hammer candle patterns be used to predict future price movements in the cryptocurrency market?
Can the hanging man and hammer candle patterns, which are commonly used in technical analysis, be effectively applied to predict future price movements in the volatile cryptocurrency market? How reliable are these patterns in identifying potential trend reversals or continuations? Are there any specific factors or indicators that need to be considered when using these candlestick patterns in cryptocurrency trading?
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