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Everscale

✴️ Everscale | Another Inverted Hammer SignalThe inverted hammer (ihammer) candlestick pattern also came up on the Lisk (LSKUSDT) chart, it signals the bottom of a trend. After the bottom is hit the trend changes which can lead to years of growth. I am pointing it out because it is a solid signal and easy to spot. To be valid it only needs to come out at support/low prices, at the bottom of a trend. Notice the descending channel... That's the downtrend. Then prices go flat and a hammer candlestick shows up with high volume. The next candle/session we see prices moving above EMA10. The RSI starts to raise... You can see the pattern. Visit the Lisk trade idea so you can use it as comparison. I hope you find this useful... Thanks for the support. Namaste.
Long
by AlanSantana
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