Dragonfly Doji
BullishReversal1 candleReliability:
A Doji with a long lower shadow and open/close/high near the top — a bullish reversal signal.
Description
Price is sold off deep during the session then pulled back to close at the high, leaving a long lower shadow and almost no upper shadow.
Market psychology
Sellers pushed price down but buyers absorbed it all and took back control — typically seen at bottoms.
How to trade
At support / a downtrend low, consider buying once the next candle confirms; stop-loss below the tail.
Confirmation
A bullish candle closing higher right after; more reliable on rising volume.
Also known as: Dragonfly
Educational content only — not financial advice. Cryptorua reads public market data and never places orders.