Cryptocurrency Q&A Is inverted hammer bearish?

Is inverted hammer bearish?

Riccardo Riccardo Thu Feb 06 2025 | 7 answers 1308
I'm wondering if an inverted hammer candlestick pattern is considered bearish in technical analysis. I want to understand its implications for market trends. Is inverted hammer bearish?

7 answers

Stefano Stefano Sat Feb 08 2025
Is a Hammer always considered a bullish signal?

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Bianca Bianca Sat Feb 08 2025
The answer to this question is yes, under certain conditions.

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mia_harrison_painter mia_harrison_painter Fri Feb 07 2025
Both the Hanging Man and the Shooting Star are interpreted as bearish reversal patterns.

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Silvia Silvia Fri Feb 07 2025
Both Hammer and Inverted Hammer patterns are recognized as bullish signals.

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KiteFlyer KiteFlyer Fri Feb 07 2025
This is because they typically emerge during downtrends.

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