bluekiwiseed
12-17 11:55

$MARA Holdings(MARA)$  Impressive. It turns out the shooting star (green candle with long upperwick) was actually an inducement for a breakout setup. 

The shooting star initially signalled bearish weakness, attracting short positions and creating a false reversal expectation. Instead, price retraced slightly and used the liquidity (stop-losses and pending orders) to push higher, leading to bullish continuation.

How to know: BTC still in uptrend (HH & HL), next candlestick after shooting star failed to close below the star's low, and low volume on sell side.

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