Tron (TRXBTC) Bullish Inverted Hammer on the Weekly

We have a inverted hammer candlestick for Tron ( TRXBTC) on the weekly time frame.

This candle is a bullish candle. You can read additional information below:

"The Inverted Hammer candlestick formation occurs mainly at the bottom of downtrends and can act as a warning of a potential reversal upward. It is important to note that the Inverted pattern is a warning of potential price change, not a signal, in and of itself, to buy.

inverted hammer candlestick chart pattern
The Inverted Hammer formation, just like the Shooting Star formation, is created when the open, low, and close are roughly the same price. Also, there is a long upper shadow, which should be at least twice the length of the real body."

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