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Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish. Sign up for crypto digest. These dynamics can be influenced by fundamental events such as block reward halvings , hard forks or new protocol updates. Alex Dovbnya aka AlexMorris is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry � from price analysis to Blockchain disruption. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice.