CDLBELTHOLD (CDLBELTHOLD)

CDLBELTHOLD (Belt-hold) is a single-candle reversal pattern, also known as Yorikiri in Japanese candlestick terminology. For bullish Belt Hold: During a downtrend, a candle opens at or near its low (gap down is common) and closes near its high, creating a long bullish candle with little to no lower shadow and a small upper shadow. This shows bears were immediately overwhelmed at the open, and bulls held control throughout the session. For bearish Belt Hold: During an uptrend, a candle opens at or near its high (gap up common) and closes near its low with minimal upper shadow, showing bulls immediately lost control. The pattern represents a decisive session where one side takes complete control from the opening.

Belt Hold patterns signal potential reversals but are considered moderate-strength signals requiring confirmation due to being single-candle patterns. Bullish Belt Hold works best when appearing at support levels after downtrends, especially with gap-down opens that immediately reverse. Enter long positions when the next candle confirms by staying above the Belt Hold's midpoint. Bearish Belt Hold is effective at resistance after uptrends. The longer the candle body, the more significant the signal. In volatile crypto markets, Belt Hold patterns are fairly common, so combine with additional confirmation: RSI at extremes (<30 bullish, >70 bearish), support/resistance zones, and volume increase. This pattern is popular among crypto day traders for identifying intraday reversals, particularly useful on 1H-4H timeframes.