Qpedia: Three White Soldiers
Friends, your keen interest in the previous posts has motivated us to do even more strategy reviews. In anticipation of crypto market growth, we want to tell you about an interesting bullish reversal pattern.
Do you see three green candles in a row on the course chart? These are known as the "three white soldiers". They indicate that purchasers of the asset squeezed the market and managed to reverse the downward trend in price.
The main feature is that the third candle is larger than the second, and the second is larger than the first. It is this trend that indicates the possibility of stable growth. If the third candle is smaller than the second, it is too early to make positive predictions.
So remember this signal and use it wisely when trading. In the meantime, we'll prepare the next Qpedia post showcasing another interesting pattern. Stay tuned
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