Candlestick patterns are powerful tools for gauging cryptocurrency market sentiment. A "bullish engulfing" pattern, where a large green candle follows a small red one, signals strong buying pressure and optimism. Conversely, a "bearish engulfing" pattern, with a large red candle overtaking a small green one, indicates selling dominance and pessimism. The "doji" candle, showing indecision with a small body, suggests market uncertainty—often a precursor to a reversal or continuation depending on prior trends. "Hammer" and "shooting star" patterns reflect potential reversals: the former hints at bullish sentiment after a downtrend, while the latter warns of bearish shifts after an uptrend. By analyzing these formations, traders can decode emotional undercurrents—fear, greed, or hesitation—driving crypto price movements, enhancing decision-making in volatile markets.