Hammer
A hammer is a candlestick with a small body near the high and a long lower wick, often watched as potential bullish rejection after a decline.
A wick (or shadow) is the thin line on a candlestick showing prices traded beyond the open-close body, marking the period’s high or low extreme.
A wick (or shadow) is the thin line on a candlestick showing prices traded beyond the open-close body, marking the period’s high or low extreme.
Long wicks can show rejection; short wicks show closes near extremes. Context vs support/resistance matters.
Upper wicks mark highs above the body; lower wicks mark lows below.
After a long lower wick at support on 1h, a trader sets a price alert above the candle close.
Alert on the level the wick defended.
A hammer is a candlestick with a small body near the high and a long lower wick, often watched as potential bullish rejection after a decline.
A shooting star is a candlestick with a small body near the low and a long upper wick, often watched as potential bearish rejection after an advance.
A candlestick is a chart unit that shows open, high, low, and close for a period, with the body marking open-to-close and wicks marking extremes.
Turn Wick context into action. Set custom crypto alerts in Phalerta and get real-time notifications on Telegram, Discord, Email, or the app.
A wick (or shadow) is the thin line on a candlestick showing prices traded beyond the open-close body, marking the period’s high or low extreme.
No. They are one clue among structure and volume.
Yes — set price or indicator alerts and get notified on Telegram, Discord, Email, or the app.