Hammer candlestick
What it shows
After a decline, a session that dropped sharply and then climbed all the way back to close at the top of its own range. The long lower wick is the ground that was given up and retaken; the small body at the top is what was left of the argument. There is little or no wick above, because the market finished at its high.
Measured, not claimed
33%
Five daily candles after this candle, price had risen in 33% of the 1,060 cases we measured.
32 crypto markets on Kraken, daily candles, 2013–2026. “Risen” means a rise larger than half that market's typical five-candle move.
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