Candlestick Patterns

Short Line Bearish

The Short Line Bearish is a bearish pattern represented by one candle. It is a red candle with a very small body and medium size wicks. It can be found during trending and ranging markets, and anticipates decreases in the price. Its wicks suggest that there is an important component of indecision in the pattern. Usually, this one candle pattern leads to bearish movements. Therefore, many traders use it to sell positions or open shorts.

Start trading with Cryptohopper for free!

Free to use - no credit card required

Let's get started
Cryptohopper appCryptohopper app
©2017 - 2023 Copyright by Cryptohopper™ - All rights reserved.