I. Downtrend Acceleration Pattern

1. Technical Characteristics
   Downtrend acceleration candlestick charts refer to the candlestick pattern that sees the price or index becoming increasingly lower in the downtrend, as shown in Figure 2-1 above.
   (1) It appears in the bearish market.
   (2) The fall starts slowly, then falls increasingly faster, and closes continuously in the intermediate negative candlestick or long negative candlestick.

2. Technical Implications
   A downtrend acceleration candlestick chart is a signal that the price of the currency has bottomed out, indicating a potential price rebound.

   II. The Star of Hope

   

3. Technical Characteristics
   (1) Appears in the downtrend.
   (2) It is formed with three candlesticks, including the negative candlestick, short negative candlestick, short positive or cross candlestick, and the positive candlestick respectively;
   (3) The third candlestick entity is deep within the first candlestick entity.

4. Technical Implications
   The Star of Hope is a bottoming-out reversal signal, indicating a bullish market sign.

   III. The Rising Sun

   

5. Technical Characteristics
   (1) It appears in the downtrend.
   (2) First, a long negative candlestick occurs, followed by a long positive candlestick.
   (3) The closing price of the positive candlestick is higher than the opening price of the negative candlestick.

6. Technical Implication
   The rising sun is the signal of the bottom, and indicates that the market will bottom out.

   IV. Round Bottom

   

7. Technical Characteristics
   (1) It appears in the downtrend or finishing process.
   (2) It first closes a long negative candlestick, and then at its bottom, it presents a number of short negative candlesticks and positive candlesticks to form a circular bottom.

8. Technical Implication
   Round bottom pattern indicates the bottom signal, and the market is bullish, which is a reliable reversal pattern.

   III. Three Red Soldiers

   

9. Technical Meaning
   (1) It appears in the rising market at the beginning or after the crossover.
   (2) It is formed by three consecutive new highs of short positive candlesticks.

10. Technical Characteristics
    Three red soldiers pattern is a buy signal, and the market outlook is bullish.

    VI. Steady Rise

    

11. Technical Characteristics
    (1) It appears in an upward market.
    (2) Many positive candlesticks sandwiched by a relatively small number of short negative candlesticks.
    (3) The entire candlestick chart arrangement is upward-sloping.

12. Technical Implication
    Users can enter the market when there is a steady rise trend, and the market outlook is bullish.

    VII. Rising Two Dojis

    

13. Technical Characteristics
    (1) It appears in an uptrend.
    (2) It consists of three candlestick charts, a long positive candlestick, and then two short candlestick charts above the positive candlestick. The small candlestick can be a cross, a doji, or a short positive or a negative candlestick.

14. Technical Implication
    The rising two dojis is a buy signal, and the market outlook is bullish.

    VIII. The Tendency Guiding

    

15. Technical Characteristics
    (1) It appears in the rising market.
    (2) It is formed by a number of candlesticks.
    (3) It leaves a long upper shadow when pulling out a long positive candlestick.
    (4) The price of the currency rises above the upper shadow candlestick shortly after retracing.

16. Technical Implication
    The tendency guiding is a buy signal, and the market outlook is bullish.

    IX. Two Positive candlesticks Sandwiched a Negative candlestick

    

17. Technical Characteristics
    (1) It can appear both in the uptrend, and in the downtrend.
    (2) It consists of two longer positive candles with a shorter negative candlestick in the middle.
    (3) The central axis of the three candlestick charts is basically at a horizontal position.

18. Technical Implication
    (1) If it appears in an uptrend, the market will continue to be bullish, and traders should look on the tendency.
    (2) If it appears in the downtrend, it is a bottom signal.

    X. Summary

    This issue explains the combination of common rising candlesticks charts regarding its technical characteristics and its implication. While in real trading, traders must not be rigid. You should flexibly judge which pattern to choose, and combine other strategies and indicators in technical analysis to verify the pattern multiple times. Only in this way will you achieve a higher winning rate. If you learn how to use your knowledge and practice, you will be able to be more proficient in the contract market.
    
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    This information is being provided for reference purposes only. The information provided by Gate.io above does not constitute investment advice and bears no responsibility for any investment you may make. The information regarding technical analysis, market judgments, trading tips, and trader sharing may involve potential risks, investment variables, and uncertainties. This issue does not provide or imply any opportunity for guaranteed returns.