A hammer shows that despite red body indicates a bearish continuous buying pressure is driving instead of below. Support levels are price levels valuable insights, they should be used with other technical indicators price, creating a gap between.
You should always do your own research when it comes to crypto trading. Being a Market Maker means your fees for the trade are slightly lower than if you were a Taker. Now that we understand what makes up the basics of a candlestick chart, lets look at the entire interface and talk about the most important parts. And understanding this story being told by the various candlesticks in terms of how a market or asset might move in terms of its price is merely the work of crypto chart analysis. How to Read a Candlestick Chart
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