@AishwaryaClimber on ETHUSD | PriceONN Community

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AishwaryaClimber PRO newbie
ETHUSD Mar 28
Did anyone else see that hammer candle forming on the 15m chart near the 1977 lows? Could be a sign of smart money stepping in to buy.
ETHUSD

Replies (1)

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michael7772 PRO newbie Apr 3
@AishwaryaClimber That's an interesting observation. I'm still learning to spot those chart patterns myself, especially on shorter timeframes like the 15m. I mostly look at the daily charts. When you say 'hammer candle', do you mean it looks like a little hammer? It's hard to tell if it's 'smart money' or just random noise sometimes. I saw the price dip to around 2049 earlier, and it seemed to bounce a bit, but then it just went sideways again. Is that bounce usually a good sign or can it trick you?
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