a shooting star is a bearish candlestick with a long upper shadow, little or no lower shadow, and a small real body near the days low. It comes after an uptrend and marks the potential exhaustion.
the shooting star candlestick formation is viewed as a bearish reversal candlestick pattern that typically occurs at the top of uptrends. The shooting formation is created when the open, low, and close are roughly the same price.
In other words, the star in the shooting star pattern takes the form of an inverted hammer rather than a doji or a spinning top. As with the evening star, the shooting star formation consists of three candlesticks, with the middle candlestick being the star. The first candlestick must be light in color and must have a relatively large real body.
the figure below is a good representation of a shooting star candlestick pattern depending on your chart settings, the real body of the inverted hammer can be either green (bullish) or red (bearish). However, the bearish shooting star is more powerful because the closing price is lower than the opening price.
T he shooting star is a single bearish candlestick pattern that is common in technical analysis. The candle falls into the hammer group and is a first cousin of the hanging man, hammer, and inverted hammer. The shooting star has a small body and a very long upper candle wick.
a shooting star formation is a bearish reversal pattern that consists of just one candle. It is formed when the price is pushed higher and immediately rejected lower so that it leaves behind a.
Governments consider Bitcoin to be an experimental technology. It is in a legal grey area, allows for what is essentially tax evasion, and is a highly unregulated asset. Think of it less as a currency, but more as a fungible, yet volatile value.Bitcoin ATMs are private, but there are some downsides. Bitcoin ATMs generally sell bitcoins at a mark-up of 5-10%.Customers in Europe can also purchase bitcoins with SEPA transfer for a lower fee.However, it turns out the Money Miner app is just a mining Simulator!Furthermore, GPU mining is considered a cheaper mining option. The hardware itself is more affordable and requires less energy. On the other hand, the GPU does not perform alone. Keep in mind that you’ll have to invest in additional hardware like CPU, RAM, or SSD to have a completed and operating crypto mining rig.1.) 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