$BTC Today I happened to encounter a K-line like this, so let me briefly explain the technical characteristics of a low-position hammer line.
1. Appears in a downtrend, with a small body, and the body is positioned within the day.
The top position of the price.
2. The lower shadow is long, with a length of two times or more than that of the body.
3. The entity can be either a bearish candle or a bullish candle.
4. No upper shadow, and if there is one, it is very short.
The "hammer" candlestick pattern that appears in a downtrend at the four-hour level in Figure 1 looks like a "hammer" shape.