This means that the second candle has a bigger real body than the first one. Engulfing patterns can be bearish or bullish depending on the previous price action and depending on where they appear ...
Candlestick indicators are tools in technical analysis that help interpret price movements and predict future trends using ...
Bitcoin has reclaimed the key $100,000 psychological level shortly after it briefly slipped below six figures, giving one crypto analyst reason for a short-term bearish view while others have ...
“Bitcoin is developing a bearish engulfing weekly candlestick formation,” pseudonymous crypto trader Rekt Capital told their 518,900 X followers in a Dec. 19 post. Bearish pattern can’t be ...