
This has been stated to be a 3 white soldier candle pattern. It clearly does not fit the definition and pattern is invalidated.
What is Three White Soldiers >>
https://www.altcoinstalks.com/index.php?topic=85725.0If you define the upper shadow should not be longer than 20% real body length, so the candlestick 3 will not meet the demands.
So if its not 3 soldiers what it is?
Its an advanced block pattern
If the second and third candlestick or just the third candlestick showed the rising weakness, then it forms an advance block. The progressively smaller real body or relatively long upper shadows on the last candlestick is the sign of weakness. This does not indicate a bearish reversal. The following candle would have to be confirmation of a bearish signal.